Good bad tenant propsocial
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Picking the right tenant can save you a ton of headache and money. Some owners just rent out their properties to whoever that comes along, which poses a risk in itself because bad tenants can make managing your property a daunting task. Therefore, screening all applicants beforehand is a must in order to find the right tenant.


Finding the right tenant is easier said than done. The ability to do so will come with experience, being able to pay attention to detail and sometimes even relying on your gut. So here are some handy tips on how you can find a good tenant.


1. To attract good is to first be good

A property that is well maintained and in decent condition will give you higher chances of attracting a decent tenant. So by setting high standards for your property, you will have better chances of finding a good tenant suited for the property. A good way to start is by making sure that all fixtures are in working condition and the property is clean and neat.


2. Pay attention when you meet prospective tenants

When you meet potential tenants for the first time during their inspection of the property, be sure to take note of who they are, what their occupations are, and any other detail that stands out. For instance, if a family comes in with kids running around and pulling on your curtains while the parents do not make an effort to discipline or stop them, it is a clear sign that you should be wary and therefore, carefully consider whether those are the type of tenants that you want.


3. Read between the lines

It is best to be curious and question certain information about prospective tenants before deciding. If a prospective tenant tells you that they have rented 4 or 5 different properties in the span of a year and a half, a red flag should be waving. You should ask yourself, why do they keep moving around? Are they not paying their rent? Were they evicted? You should not judge a book by its cover, but it may be wise to have these questions in mind and do not be afraid to ask them directly. If they are unwilling to answer simple questions, that might also be an indication that you should be careful.


4. Double check with references

Another measure to verify that prospective tenants are genuinely who they say they are, it is best to contact their current employer to gain confirmation of their employment status. Checking whether their identification information is correct and matches the person you are dealing with may sound rather unnecessary, but there have been cases where owners have been duped before. You can also refer to previous landlords or agents who have dealt with the prospective tenants to gauge their authenticity.


5. Trust your gut

If you are really uncomfortable with one potential tenant, then move on. Be firm with any applicant whom you think is not suitable as there is no harm done in waiting for the right tenant. Remember that it is better to have your property vacant than having a bad tenant.



(Reference: http://www.realestate.com.au/advice/pick-right-tenant/)

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Agreed. Good tenant is very important to ensure your rental come in consistently and your unit is being take care properly. 

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Yup totally agree. Especially the last part, "is better to have your property vacant than having a bad tenant". It's a lot of headache if you end up getting a bad tenant. Gives me the shivers.

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At the end of the day. Paying rental on time is paramount. And when it is time to move on and change tenant, must not "burn bridges" with the tenant.

This is a small small world. Who knows you might need to deal with them again?


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Sometimes accepting slightly lower rent vs getting mkt rate if the tenant is good paymaster with references is good 

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Not to mention those tenants who don't pay their utility bills on time.

Speaking of bills, if the utility services are applied under the name of the tenant, is it usual practice for owner to collect a utility deposit?


J  9b59b6 small

agree, thanks for sharing!

Kate chew small

I've learned that sometimes if you have the holding power, it's better to leave it empty rather than renting it out because at the end of the day you will have to spend more $$$ to renovate or refurbish after tenant leaves if you want to sell it after that. And I think there's a higher demand and value if you were to tell the next buyer that no one has lived there before. Brand new, first-hand.

Own dp small

Thanks for sharing such information. Something things can turn out to be bad even if we have filtered and choose the right tenant. We just won't know what will happened after a years contract and so.

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Ithink it is important to add in a clause for owner to decide if he wants the tenant to return the unit in the original condition (think only applies to commercial property) if tenant decides to terminate the rental contract...

James bond craig junio2006 small

IMPOSSIBLE to get your unit back as per original. Once rented out, be prepared for the worse, if not also not as new as original. 

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hard to get the tenants to recover the damage most of the time. 

James bond craig junio2006 small

Nic Ngoi, yup, that's why most owners take a couple of months of deposit. But some damage are so bad that even with that few months of deposit cannot recover :(  Yes! I have bad experiences renting out my units.

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So the clause in the rental agreement is always not adhered by the tenants? I find this trend very absurd and a worrying.

Same case for tenants who conveniently use the "deposit" to offset last few months rental!

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Are the clauses in the tenancy agreement in Malaysia same as other countries? Or is ours more at the losing end for owners?

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@veron 

I believe at the end of the day... it is the law enforcement from the relevant government bodies which will have a more significant effect.

Whatever written in the tenancy agreement, without strong backing and enforcement, is just a mere piece of papers with your signature on it. Agree?

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@admin_ps thanks for sharing