Categories
Apartment Rental Home Rentals

Tenant Screening Questions that Every Landlord Should Ask

As a landlord, you want to find the best tenant to occupy your rental. But how do you know which prospective tenants are the right fit? Well, the best way to find that out is by screening the potential tenants. Make a list of questions that you want to ask any prospective tenant who is looking for apartments for rent in Canada or elsewhere and wants to view your property. Tenant screening questions can reveal a lot such as the applicants’ ability to pay rent on time, their track record as a renter, and most importantly, whether they will adhere to the lease agreement. 

Top 4 Tenant Screening Questions

However, some landlords believe strongly in their gut instinct and don’t ask many screening questions apart from the ones related to the applicant’s rental history or finances. But, it’s important to include a wide array of questions as they will help you weed out tenants who aren’t suitable for your property. Here are some of the most important questions that you should ask prospective tenants during the screening process:

Screening Questions that Landlords Should Ask Tenants

  • Why are you moving?

Being a landlord, you would like to know the reason why the prospective tenant is looking for apartments for rent in Canada or any other location. Their response will help you find out if he/she is moving into your property for a good reason. Answers such as a need for a bigger space, family expansion, or a change in jobs are acceptable reasons. On the other hand, if the reason includes disputes with the landlord or eviction from the previous property, it needs to be considered as a red flag.

  • When do you plan on moving?

This is another very important question to ask while screening the tenant. After all, it’s crucial that both your and your tenant’s timelines coincide. For instance, if your property is vacant, you will want a tenant who can move in immediately. But what if the prospective tenant needs at least a few months to move in? In that case, you may want to end the conversation there and look for another tenant whose moving dates aligns with yours.

  • Have you ever been evicted before?

No one wants to rent their property to someone with a history of breaking leases or evictions. Maybe they were evicted due to property damage or they might have experienced a rough patch and struggled to pay rent but are now financially stable.

Did you know, at Home Finders, you can not only list your property for free but also have access to our pre-screened tenant database that displays the tenants’ credit scores and history? This way, you can easily find out if the potential tenant has ever been convicted or not.

  • What is your monthly income?

Should you want to make sure that your tenants to pay rent on time, don’t forget to ask them about their monthly income. And it is not just about the monthly rent. Will they be able to pay the security deposit and other fees as well? You can ask for a credit report to see if they have a strong history of making on-time payments.

The Bottom Line:

Apart from these, there are many other tenant screening questions that you can ask prospective tenants. Some of them include- ‘Do you have pets?’, ‘How many people would be living with you?’, ‘Are you willing to sign a 1-year lease agreement?’, and more. At Home Finders, we provide our clients with the best platforms to advertise and manage their rental properties. Added to that, our pre-screened tenant database offers a wide list of tenants who are looking for apartments for rent in Canada. To get in touch with us, visit our website today.

Categories
Home Rentals Houses for rent

Top 4 Tips for Tenants to Find the Right Home Rentals

Moving to a new property is surely exciting; a fresh start, the beginning of a new chapter in your life. And, whether you are into your lived-in years or you are right out of college, you are most likely to rent an apartment at some point in your life. Renting is the perfect solution for individuals who do not have the intent to stay in one place for a long time and also provides them with a place they can call home.

If you’re planning to move to a new city and are looking for the best home rentals, you need to consider a few things like your priority, budget, location, etc.

However, it’s important to not let that excitement get the best of you. Before you start your search for the best home rentals, there are certain steps that need to be taken in order to find the right property. In this blog, we have put together some helpful tips to help you find the best home rental.

Tips to Find the Right Home Rentals

  1. Prioritize Your Requirements

Before you start your search for the best home rentals, it’s really important that you clear your priorities. Do you want a studio apartment, flat, house, or just a living room? Are you willing to spend money more than your budget or want to keep it in your budget? Remember, answering all these questions will help you narrow your house-hunting search to a great extent.

  • Stick to Your Budget

When it comes to choosing the best rental, one of the biggest deciding factors is your budget. For instance, if you are looking for a four-bedroom house, you have to bear in mind that you may have to pay a premium for extra living space. According to a report published by the U.S. Census Bureau, the monthly rent paid by tenants should never be more than 20%-30% of their monthly income. So, take some time to calculate the price range you can actually afford and stick to it.

  • Get Professional Help

Finding the right houses for rent simply means that your preferences, commute, budget, and other needs should align with the apartment you choose. It is indeed a challenging task as you have to compete with many others for a quality unit in a prime location. However, it doesn’t have to be overwhelming if you let the professionals handle everything for you. As the professionals work directly with landlords, it means you will be notified of the newest rentals properties as they become available in the market. All you have to do is to be specific about your requirements and your budget and ask them to send details on potential rentals.

  • Finalize Your Location

One of the most important things you need to do before you start looking for rentals is to decide the location you want to live in. However, before finalizing the location, make sure it fulfills your needs and requirements like public transport, college, health clinic, job, dietary, or parking, etc. Today, there are numerous rental search engines online that allow you to narrow your search based on location, size, price, and other factors. Go through these websites to look at all the rental properties in the area you want to rent in.

The Bottom Line

Finding the right home rentals doesn’t have to be stressful if you follow the above-mentioned points and seek professional assistance. At Homefinders, we curate and list properties from various individual partners, providing you a one-stop shop to find a perfect home based on your need. To know more about our services, call us today.