Home    13 important questions to ask prospective tenants

A good tenant makes managing your investment property a breeze, whereas a bad tenant can cause headaches as well as money in some cases. The best way to ensure you find a high quality tenant for your investment property is to have a thorough screening process in place.

 

We have compiled a list of the important questions to ask prospective tenants as part of your screening process:

The Basics

  • Why are you looking for a rental property / leaving your current place?
  • When are you looking to you move in?
  • How long do you want the property for?
  • How many people will be living in the property?

 Will the tenant be able to pay the rent?

  • What is your current employment situation and do you have an employer reference?
  • What is your monthly income?
  • Will you have the bond and first month’s rent available upon signing the lease?
  • Will you agree to a credit and background check?
  • Do you have a rental guarantor?

 Does the tenant have a good rental history?

  • Can you provide references from a previous landlord or agent?
  • Have you ever been evicted?

 Is there an increased risk of damage to your property?

  • Do you have any pets?
  • Are you a smoker?

 

It’s important to meet prospective tenants before agreeing to sign any lease documents. A great opportunity to do this is at a property inspection, which also gives the tenant a chance to ask any questions they might have about your property too.