Landlord building owner must make it a practice to vet prospective tenants
Oft we hear to tales about unscrupulous landlord who impose sudden rent hikes without notice giving unwilling tenants take it over leave it ultimatum as there called option but to be fair there are also tenants who turns out t be quite a headache not just to be landlord or building owner and also to feller tenants.
When it comes to a commercial building portfolio it would do well for a land lord building owner to throughly vet prospective tetanus and build of tenant profile or database to help in manage his property weed out problematic tetanus and effectively retain the goods ones.
If you are investing in an already occupied property remember that you basically inherit whoever is already in the units reward stress note if items like the cleanliness of the unit tenant business owner personality nature of business relationship with fellow tenants ext you normal day to day chitchat.
But if you are landlord of an newly acquired property that has yet to be filled then you have full controls of who gains access to the units and amenities therein avoid the mistake most landlords make that is being more conserved with getting the unit leased out as quickly as possible instead of focussing on identifying quality tenants some things to in include in your tenants vetting checklist are nature is business proof previous land lord tenants personality traits and credit standing.
Either way for future reference aside from basic demographic information you should also include data on the lease termination date history tenancy and maintenance and service activities as well as any Feds back complaints session with your tenants.
No comments:
Post a Comment