Tenants & Screening
The Cheapest Tenant Can Become Your Most Expensive Decision
Vacancy creates pressure. Every empty month represents lost rental income, which makes accepting the first plausible applicant tempting.
But tenant selection should be a risk decision, not simply a vacancy decision.
Poor payment behaviour, unstable affordability, unreliable references or inconsistencies in an application deserve proper consideration. A few extra days spent assessing an applicant can be insignificant compared with months spent dealing with arrears, disputes or recovery.
The objective is not to find a perfect tenant. It is to make a documented, reasonable decision based on the information available.
Own the Property. Not the Admin.
If you're a hands-on landlord who wants to remain in control of your property without carrying all the administrative workload yourself, see whether LeasePilot is the right fit for you.