An experienced property manager will have a thorough process to find a highly qualified tenant for their vacancies. Qualified tenants will have a record of being financially responsible and upstanding behavior. This record gives property managers confidence in the tenants ability to pay their rent and not damage the property.
However, a great property manager will hope for more than simply good credit and a clean criminal record. While it is tough to screen for, there are various qualities that make a renter stand out as the ideal tenant… At least in the property manager’s eyes.
1. Of Course, Paying Your Rent
More importantly, pay your rent on time! The manager-tenant relationship is dependent upon consistent rent payments in exchange for a place to live, and on-time rent payments is the most critical aspect for which a tenant is responsible. Typically, the property owner relies on the rent to make the mortgage payment for the property so not paying rent on time can be financially burdensome for your property manager and property owner. If your property manager utilizes a management software program, you should have the ability to schedule reoccurring rent payments online directly from your checking account or via credit card so your rent is always paid on time.
2. Treat Your Rental as if it’s Your Own
Take pride in the ownership of your rental property. This will not just ensure the return of your security deposit, but also makes you more likely to receive a raving landlord recommendation if you decide to relocate at some point in the future. Normal wear and tear is anticipated, but preventing tenant caused property damage is absolutely essential.
3. Notify your Property Manager Immediately of Maintenance Issues
Even a tiny leak has can morph into a large and potentially expensive problem for a property manager. The ideal tenant will contact their property manager as soon as they notice any maintenance related issue that could require professional attention. Property managers often provide simple methods for tenants to submit their maintenance requests online. These can easily be tracked and monitored until the issue is fully resolved.
4. Do Not Demand Lots of Attention
Property managers value great communication from their tenants. However, there are always those tenants that are frequently complaining or demand special attention. It is very unlikely that you will be your property manager’s only tenant and top priority. Do your best to resolve issues yourself, as long as it is within your lease terms, before disturbing your property manager.
5. Do Not Let Someone Live with You When They are Not on the Lease
Lease agreements are specifically drafted to ensure protection for both the property manager and the tenants. The agreement requires a signature by anyone above 18 living in the rental property. An ideal tenant will not attempt to sneak in secret roommates and should notify their property manager if they anticipate having any guests stay overnight more than a few days.
6. Keep Your Rental Clean and Neat
The ideal tenant will keep their rental sanitary to prevent an infestation from pests or cause property damage. When a tenant does not keep a clean home, the property manager may need to deduct the amount paid for extermination services or repairs. That money will come from the tenant’s security deposit as stated in the lease.
7. Renewing Your Lease
Having to manage tenant turnover is costly and time consuming for a property manager. The ideal tenant will be eager to renew their lease and hopefully call the same rental property home for an extended period of time. The ideal situation would be that the tenant would meet every quality of the ideal renter, making the long term tenancy even more ideal.
8. Stay on Top of Tenant Maintenance
While a significant amount of maintenance responsibilities should be handled by the property manager, tenants may be required to maintain some appliances, manage lawn care, change air filters, replace smoke detector batteries or lightbulbs. The ideal tenant will not only acknowledge and agree to these terms, but will actually handle it themselves without contacting the property manager. A tenant’s maintenance responsibilities should be outlined in the rental agreement so they understand their legal obligation in regards to maintaining their rental properly.
9. Follow Your Lease Terms
Every rental agreement will prohibit any illegal activity on the property or any behavior that endangers the health and well-being of the other residents. An ideal tenant will strictly follow theses rules as well as the other lease terms. Some other lease terms that a bad tenant might break often will involve pets or disruptive parties that interfere with other tenant’s right to a peaceful environment. Other than failing to pay rent, violating lease terms such as these constitute legitimate grounds for eviction, which is a nuisance to say the least, for all property managers.
10. Owning Renter’s Insurance
Having renter’s insurance will help cover the cost of replacing a tenant’s stolen or damaged personal items. Renter’s insurance can also cover the cost of damage caused to the property by negligence. An ideal tenant will have renters insurance so the property manager doesn’t get stuck with a bill because a tenant was unable to afford the cost of the damaged property or court fees. Fortunately, renter’s insurance is extremely affordable and will cost less than a few cups of coffee a month!
11. Be Honest
Last but certainly not least is honesty. This is the most important important quality of a great tenant. There are times when something will occur that adversely affects a tenant’s financial situation. This can cause rent payments to be late or unaffordable. Property managers will appreciate sincere communication about these types of issues. While a tenant isn’t obligated to share all their personal information with their property manager, they are however, required to pay their rent throughout the lease term. If the rent starts to not be paid in full or if payments suddenly stop appearing, the property manager will likely begin to move forward with an eviction. On the other hand, if a tenant communicates with their property manager in advance, they may be able to break their lease without negatively impacting their rental history or an alternative agreement can be arranged.