eHow launches Android app: Get the best of eHow on the go.

How To

How to Find Good Home Renters

Contributor
By Megan8533
eHow Contributing Writer
(3 Ratings)
Know your renters before handing over the keys!
Know your renters before handing over the keys!
istockphoto.com

There might be good money in being a landlord, but there are also many risks. This article may help save you money and time by finding good renters.

Difficulty: Moderate
Instructions

Things You'll Need:

  • computer
  • application
  • phone
  1. Step 1

    Consider making your own application. This way you can ask specific things that matter to you and the home you are renting.

  2. Step 2

    Do a background check. This isn't always necessary but certainly can come in handy. You will more than likely have to pay a small fee for the background check but it may be worth it in the end.

  3. Step 3
    You want to make money from a rental as well as save money.
     
    You want to make money from a rental as well as save money.

    Check references. Always always always ask for references when looking for renters. Ask the references questions like how well they took care of their previous home, if they were responsible for lawn care.

  4. Step 4

    Have a very well written contract. You can use a search engine to find some good pre-written contracts but make sure you have everything in there. All the details like when rent is due, who does maintenance, when would an eviction notice occur. All the important little things.

Tips & Warnings
  • This article is not guaranteed to work for everyone, use at your own risk!

Comments  

ponyboy96 said

Flag This Comment

on 7/17/2009 The best way is to ask a lot of questions. Do background and credit checks. Check for previous evictions. Verify income.

Another good way to find qualified tenants is posting your listing online. There are several sites that your can use for this:
1. Craigslist - watch our for scammers and spammers though. You get a lot of leads, but you'll have to weed through all the bad ones.
2. Rentals.com - I got my last tenant through them and they have been pretty good so far.
3. RentalHouses.com - I got several leads through them as well.

There are other sites as well, but they are hit or miss.

Subscribe

Post a Comment

Post a Comment

Related Ads

  • Have you done this? Click here to let us know.
I Did This
Get Free Personal Finance Newsletters

Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy.   en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.

eHow Personal Finance
eHow_eHow Business and Finance