On our blog today, we are talking about how to find the best Olympia tenants. This is an important part of being a landlord and you want to choose someone who will pay rent on time and take good care of your investment.
The first thing we recommend is that you hire a professional property manager to find tenants for you. Olympia property management companies are able to eliminate a lot of potentially bad tenants just because they know we are going to check out areas that maybe a non-professional individual landlord would not check. Tenants know a professional’s screening process is going to be a lot more detailed than a self-managing landlord.
Put a lot of different advertising sources to work for you. It’s a good idea to post ads on Craigslist and you also want to use other websites that are used by Olympia tenants who are looking for properties. You want your property to show up on search engines and you also want to use high-quality signage in the yard or the windows of the property you’re renting.
Once you find tenants who are interested in your property, do a strict examination to make sure that all your qualifications are met. As a landlord, you know what you want in a tenant and you have to make sure you find someone who meets your criteria. For example, at T.J. Guyer, we look for the best Olympia tenants who make at least three times the amount of the monthly rent. We also look at two years of rental history.
After a tenant meets our expectations, we do a complete background check. Some of our property owners also have specific rules in place. For example, some landlords are not pet-friendly, and they don’t want to allow pets. This is something we understand, but we always explain that not allowing pets will severely limit your pool of tenants.
If you have any questions or you need help finding a tenant for your property, please contact us at T.J. Guyer, and we’d be happy to help you.