Private Landlord - How Can You Stop Your Renter Doing A Moonlight Flit Leaving You With A Huge Repai

Published: 21st December 2010
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Occurrences of renters abandoning rented properties are on the increase and this is pretty much a worldwide problem for private landlords. The state of the economies in lots of countries means that a lot of tenants are finding themselves in financial problems and the first problem is paying the rent.

Sometimes renters have to choose between paying the rent or putting food on the table for their households, no prizes for guessing who loses out.

Non payment of the rent or paying it late is one factor however there are tenants who not only don't pay the rent but who skip off in the middle of the night and sometimes leave a huge mess behind them.

For you as a landlord it leaves you with a huge headache, stress and monetary loss, even if you are able to find the tenant your probabilities of getting any money out of them are about as probable as someone walking up to you in the street and giving you a million bucks.

So how can you avoid this?

There are methods of managing bad renters, you should start a relationship with your tenants, treat them respectfully and at all times in a business like manner. After all renting out property is a business not a hobby.


You want to ensure your renters understand you are running a business and whereas you have every sympathy when they find themselves in monetary problems, if they don't pay the rent on time, every time there are consequences. Advise them that your bank or financial lender won't give you any leeway if because they don't pay the rent you would possibly be unable to pay the loan.

Effectively managing bad tenants is one thing however the actual key to avoiding property abandonment is find the best renters in the first place.

You should carry out a complete tenant screening which means:-

* Verify the potential tenants are who they say they are

* Verify their employment by talking to their employer

* Confirm their past rental history by speaking to their last private landlord. Go back to several private landlords if they've been short term renters, after all if they have a history of short term rentals this may raise a red flag too.

* Get a criminal background check done


* Get a credit check done .

* Check their references however be wary, references are easy to fake

Keep in mind you'll have the ability to charge an application fee which is able to offset your costs of getting screening reports.


Do not use phone numbers for referees, employers etc. supplied by the prospective tenant, search for the numbers within the phone book, that way you might be certain who you are speaking to, and know it's not a pal or family member of the tenant pretending to be their employer, previous landlord or financial institution manager.

Profitable landlords use a well proven method for finding the best tenants, I'm certain you don't want to be the next landlord referenced within the local paper that has the headline

"Renters Leave Owners With A Nothing But A Pile Of Damage"


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Discovering the most suitable tenants is important to your success as a private landlord. We will guide you through a tried and tested process of discovering and deciding on renters for your rental property.


Visit our website http://privatelandlord.org

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Source: http://stevebarker.articlealley.com/private-landlord--how-can-you-stop-your-renter-doing-a-moonlight-flit-leaving-you-with-a-huge-repai-1914630.html


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