A home is not only place for dwelling but also a source of income. Many people invest in property as it provides good income. Renting a home is one of the successful real estate businesses. You might have known by now the scope of renting a home. If you are a landlord and wants to rent your home, here are some guidelines to choose tenant for your property.

2. Renting a home is one of the most successful
real estate businesses , hence many people
invest in property as it provides good income

3. If you are a landlord renting your home,
here are some guidelines to choose the
best tenant for your property

4. While screening your tenant ask for proof of identity such as
a copy of their driving license, letter from employer, credit
history references or previous landlord’s contact detail.
Have you screened
your tenant ?
#1

5. The Rental agreement must contain all details such as
amount received as deposit, monthly rental, period of rental
agreement , condition of property & appliances such as
detail of number of fan, lighting and fixtures and other
appliances provided.
Have you made the rental
agreement?
#2

6. Do not interfere in your tenant’s matters that generally
annoy them. Allow them to enjoy their own privacy in
rented property.
Are you interfering in your
tenant’s matters?
#3

7. If you are hiring a realtor or agent, specify the terms and
conditions, type of tenant you are looking for like renting
property as PG, only for family, for Men or women etc.
Are you hiring a real estate
agent?
#4

9. Rent for your property should be a fair price and according
to the current market rate. To fix rent for your property, do a
research in around the market and discuss with realtors in
your neighbourhood.
Are you charging more rent
than the market price?
#5

10. Offer your tenant a well maintained home by repairing all
the flaws in your property before renting it out . It helps to
build a good and friendly relationship with your tenant.
Have you repaired the
property?
#6

11. Landlord should return the security deposit and give it in
writing the details of deduction if any. It will be simple if you
setup a fair system of collecting, and returning the deposits.
Have you collected the
security deposit?
#7

12. Provide proper waste management for your house and its
surrounding. Ask your tenant to dispose waste or method you
adopt for handling wastes to garbage collectors.
Do you have efficient waste
disposal methods?
#8

13. Insure your property and ensure you get best from insuring
your property against fire, theft, and damage made by
tenant or from other natural calamities.
Have you insured your
property?
#9
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14. Insure your property and ensure you get best from insuring
your property against fire, theft, and damage made by
tenant or from other natural calamities.
Have you insured your
property?
#9

15. Know your rights and duties as a landlord and explain the
rights and duties of a tenant. Remember to settle disputes
without lawyers and lawsuits.
Do you know your rights &
duties?
#10

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