The best way to set yourself up for a simple, worry-free Golden property management experience is by starting with the right tenants. Not only will this reduce the likelihood of late or missing payments, but it can also cut back the number of unhappy phone calls you field along the way.
Some great renters are literally void of trouble, and will make property management in Golden, CO a walk in the park. How do you get those dream tenants? These quick tips will help you in choosing the best residents for your rental:
Look in the Right Places – Nowadays, nearly everyone is looking online when trying to find somewhere to live. Newspapers ads don’t work anymore, and are likely to bring few inquiries. Instead, Golden property management professionals recommend popular Internet ad sites like Craigslist and Backpage, as well as other virtual platforms dedicated to connecting renters with available properties
Screen Tenants Thoroughly – While past history is no surefire indicator of future behavior, it can be a good indicator when it comes to rentals. Screen potential tenants carefully, looking into their credit and previous rental history. You should also call prior landlords for references, as well as verify their employment and stated income.
Always Avoid Discrimination – It’s illegal to discriminate against potential renters based on a variety of criteria, including race, religion, or familial status. While you have the right to choose the tenants for your home, you cannot eliminate someone based on a protected class. Doing so can result in legal action.