Bad Tenants Are Expensive—Here’s How to Avoid Them

Just one bad tenant could cost you thousands of dollars in unpaid rent, property damages, and eviction fees. And for many landlords who only have a few units, those costs could tank your finances for years. 

By asking insightful questions during the screening process, landlords can remove many of these risks at the very start of the rental process. Here’s how to measure if a potential tenant is the right fit for your property with nine key questions:

#1: Could you share a bit about yourself?

This open-ended question provides a glimpse into the applicant’s lifestyle, habits, and interests, helping you assess if they match your criteria of an ideal tenant.

#2: When would you like to move in?

Timing is everything. If your property is ready now, but they’re planning to move in three months, that’s something to consider. This question also helps you plan ahead for any needed maintenance or prep work.

#3: How long are you planning to stay?

It’s critical to know whether your tenant is looking for a long-term lease or a short-term arrangement. This helps you figure out if their plans match your property management goals.

#4: How many people will be living here?

Overcrowding can be a serious issue. It can also wear out your property faster. Knowing the number of occupants upfront helps you manage expectations and ensure compliance with local regulations.

#5: What type of pets do you have?

If you allow pets, make sure you’re clear about any restrictions. It’s valuable to know the type, size, and number of pets a renter has before they move in.

#6: Have you given notice to your current landlord?

A reliable tenant will always give proper notice before moving out. Asking this question helps you understand how responsible they are and whether they’re likely to leave you hanging if they move again.

#7. What do you do for work?

This isn’t just about being nosy—it’s about financial security. Knowing whether they have stable income helps you predict if they’ll be able to pay rent consistently.

#8. Can you pay the first month’s rent and a security deposit upfront?

First month’s rent and a security deposit are basic upfront costs that any renter should have prepared. If they hesitate, that should raise your concerns about their savings and overall financial situation.

#9 Are you okay with a credit and background check?

This is a must-ask question, as you can only run credit and background checks with a tenant’s consent. These checks help you to uncover any red flags, such as late payment patterns or past evictions. Make sure your potential tenant is comfortable with this step.

Screen thoroughly and avoid tenant risks

Asking the right questions during the screening process can save you from the cost and stress of troublesome tenants. Keep this list of top questions to ask potential tenants on hand to guide you through your tenant evaluations.

By being proactive and thorough in your tenant selection, you can avoid the costs of an eviction from the start and secure a tenant who respects your property and pays on time.

SAVVY INVESTOR TRUSTED PARTNER

Share This Post

More To Explore

Shopping Cart

Effectively Managing Your Investment Properties

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

REGISTER NOW

Fundamentals of Analyzing Real Estate Investments

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

REGISTER NOW

Getting Started in Real Estate Investing

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

REGISTER NOW