{"id":116653,"date":"2024-02-12T15:27:14","date_gmt":"2024-02-12T15:27:14","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/"},"modified":"2024-02-12T15:27:14","modified_gmt":"2024-02-12T15:27:14","slug":"how-do-i-pick-a-good-tenant","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/","title":{"rendered":"How do I pick a good tenant?"},"content":{"rendered":"<p>Renting out a property can be a great way to generate income, but finding reliable and responsible tenants is crucial to ensure a smooth and profitable experience. Choosing the right tenant can save you from potential headaches and financial losses. So, how do you pick a good tenant? Let&#8217;s explore some key steps and considerations.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#How_do_I_pick_a_good_tenant\" title=\"How do I pick a good tenant?\">How do I pick a good tenant?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#1_Can_I_reject_an_applicant_based_on_their_low_credit_score\" title=\"1. Can I reject an applicant based on their low credit score?\">1. Can I reject an applicant based on their low credit score?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#2_Can_I_discriminate_against_a_tenant_based_on_their_ethnicity_or_religion\" title=\"2. Can I discriminate against a tenant based on their ethnicity or religion?\">2. Can I discriminate against a tenant based on their ethnicity or religion?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#3_How_important_is_employment_history_when_selecting_a_tenant\" title=\"3. How important is employment history when selecting a tenant?\">3. How important is employment history when selecting a tenant?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#4_Should_I_charge_a_security_deposit\" title=\"4. Should I charge a security deposit?\">4. Should I charge a security deposit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#5_Can_I_deny_a_tenant_with_a_criminal_record\" title=\"5. Can I deny a tenant with a criminal record?\">5. Can I deny a tenant with a criminal record?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#6_Should_I_allow_smoking_in_my_rental_property\" title=\"6. Should I allow smoking in my rental property?\">6. Should I allow smoking in my rental property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#7_How_can_I_check_a_tenants_rental_history\" title=\"7. How can I check a tenant&#8217;s rental history?\">7. How can I check a tenant&#8217;s rental history?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#8_Do_I_need_a_written_lease_agreement\" title=\"8. Do I need a written lease agreement?\">8. Do I need a written lease agreement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#9_Can_I_raise_the_rent_during_the_lease_term\" title=\"9. Can I raise the rent during the lease term?\">9. Can I raise the rent during the lease term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#10_Should_I_hire_a_property_management_company_to_find_tenants\" title=\"10. Should I hire a property management company to find tenants?\">10. Should I hire a property management company to find tenants?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#11_Should_I_require_renters_insurance\" title=\"11. Should I require renters insurance?\">11. Should I require renters insurance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#12_How_should_I_advertise_my_rental_property\" title=\"12. How should I advertise my rental property?\">12. How should I advertise my rental property?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_do_I_pick_a_good_tenant\"><\/span><b>How do I pick a good tenant?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Finding a good tenant involves several important factors. Here are some key steps to consider:<\/p>\n<p>1. **Screen Their Credit and Background**: Run a comprehensive background check to evaluate the tenant&#8217;s credit history, employment verification, criminal records, and previous rental history. This will give you insight into their financial stability and responsibility.<\/p>\n<p>2. **Verify Their Income and Employment**: Request proof of income such as pay stubs, tax returns, or employment contracts to ensure the tenant can afford the rent. Generally, their monthly income should be at least three times the rental amount.<\/p>\n<p>3. **Check Their Rental History**: Contact previous landlords to inquire about the tenant\u2019s behavior, payment history, and any issues they may have encountered. This can help you determine if they were responsible and reliable tenants.<\/p>\n<p>4. **Conduct an Interview**: A face-to-face or phone interview can provide insights into the tenant\u2019s personality, lifestyle, and communication skills. It also allows you to evaluate their compatibility with your property.<\/p>\n<p>5. **Consider Their Pet Policy**: Determine if your property allows pets and assess the tenant&#8217;s pet situation, including breed, size, and behavior. If you have specific restrictions or requirements, make sure they align with the tenant&#8217;s pet ownership.<\/p>\n<p>6. **Evaluate Their Lease Terms**: Examine their preferred lease duration and move-in date to ensure it aligns with your requirements. Make sure the tenant understands and agrees to the terms and conditions of the lease agreement.<\/p>\n<p>7. **Trust Your Instincts**: Gut feelings matter too. If something feels off or if you have reservations about a potential tenant, it&#8217;s better to keep looking for a more suitable candidate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span><b>Frequently Asked Questions (FAQs)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Can_I_reject_an_applicant_based_on_their_low_credit_score\"><\/span>1. Can I reject an applicant based on their low credit score?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile a low credit score may indicate financial risks, it&#8217;s important to consider the overall application package. Assess their income, rental history, and references to make an informed decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Can_I_discriminate_against_a_tenant_based_on_their_ethnicity_or_religion\"><\/span>2. Can I discriminate against a tenant based on their ethnicity or religion?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNo, it&#8217;s illegal to discriminate against tenants based on race, color, national origin, religion, sex, familial status, or disability.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_How_important_is_employment_history_when_selecting_a_tenant\"><\/span>3. How important is employment history when selecting a tenant?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nEmployment history provides insight into stability and the ability to pay rent. It&#8217;s important to verify their employment and assess their income source.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Should_I_charge_a_security_deposit\"><\/span>4. Should I charge a security deposit?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, charging a security deposit is common practice to protect against damages and unpaid rent. Ensure you comply with local laws governing security deposits.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_I_deny_a_tenant_with_a_criminal_record\"><\/span>5. Can I deny a tenant with a criminal record?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile you may consider a tenant&#8217;s criminal record, it&#8217;s advisable to review the nature of the offense. Consult local Fair Housing laws to ensure you make lawful decisions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Should_I_allow_smoking_in_my_rental_property\"><\/span>6. Should I allow smoking in my rental property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe decision to allow smoking is entirely up to you. However, note that many landlords opt for smoke-free properties to minimize damage and maintenance costs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_How_can_I_check_a_tenants_rental_history\"><\/span>7. How can I check a tenant&#8217;s rental history?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nContact the tenant&#8217;s previous landlords and ask for information regarding their behavior, rent payment reliability, and any lease violations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Do_I_need_a_written_lease_agreement\"><\/span>8. Do I need a written lease agreement?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile a verbal agreement may be legally binding, a written lease agreement is strongly recommended to avoid misunderstandings and protect both parties&#8217; rights.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Can_I_raise_the_rent_during_the_lease_term\"><\/span>9. Can I raise the rent during the lease term?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nGenerally, rent increases are permitted at the end of the lease term. However, check your local laws as restrictions may apply.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Should_I_hire_a_property_management_company_to_find_tenants\"><\/span>10. Should I hire a property management company to find tenants?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you lack time, experience, or prefer a hands-off approach, hiring a property management company can streamline the tenant selection process and handle other property management tasks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Should_I_require_renters_insurance\"><\/span>11. Should I require renters insurance?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nRequiring renters insurance protects both you and the tenant. It ensures their personal belongings are covered and can also provide liability coverage for potential damages caused by the tenant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_How_should_I_advertise_my_rental_property\"><\/span>12. How should I advertise my rental property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nUse various advertising channels such as online rental platforms, social media, local newspapers, and &#8220;For Rent&#8221; signs to reach a broad pool of prospective tenants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renting out a property can be a great way to generate income, but finding reliable and responsible tenants is crucial to ensure a smooth and profitable experience. Choosing the right tenant can save you from potential headaches and financial losses. So, how do you pick a good tenant? Let&#8217;s explore some key steps and considerations. &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How do I pick a good tenant?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/#more-116653\">Read more<span class=\"screen-reader-text\">How do I pick a good tenant?<\/span><\/a><\/p>\n","protected":false},"author":20,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-116653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How do I pick a good tenant?<\/title>\n<meta name=\"description\" content=\"Renting out a property can be a great way to generate income, but finding reliable and responsible tenants is crucial to ensure a smooth and profitable\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How do I pick a good tenant?\" \/>\n<meta property=\"og:description\" content=\"Renting out a property can be a great way to generate income, but finding reliable and responsible tenants is crucial to ensure a smooth and profitable\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/how-do-i-pick-a-good-tenant\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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