An ethical and responsible rental owner knows each of the individuals living on their property. Everybody knows that properly screened and approved tenants make the best grounds for successful rental property investments. It then becomes a problem when unauthorized renters move in, putting you and your Flemington property at risk for liabilities where your lease and even your insurance has not considered. It can be tough to prevent unauthorized residents, but carefully implementing quality property management strategies can give you both the confidence and peace of mind.
After your tenants have moved into your rental home, it can be difficult to know for sure if new arrivals are visiting or if they plan on moving in for good. It is always better to be one step ahead, which is why prevention plans and early detection are better than waiting for problems to occur.
A good prevention plan for unauthorized renters includes four critical tasks:
- Make everything transparent. Your leasing process must consist of a thorough screening of all prospective tenants. Anyone over the age of 18 should be subject to a background check, regardless of their relationship to the primary renter.
- Only deal with tenants that can provide a reliable reference. It’s essential to sign only quality tenants with a solid rental and income history and good references. Prior landlords and references should be contacted and interviewed, taking careful note of accounts of past behavior or other red flags such as failure to uphold the terms of an agreement.
- Quality leases with full, distinct writing about unauthorized tenants should be used. Such a lease can resolve any likely risks or other significant issues, and lay out clear expectations about who is allowed to live in the home and for how long.
- Regular property evaluations are necessary to ensure that the terms of the lease are strictly followed. On top of everything else, knowing that they are being checked up on may help your renter stay cautious in holding to the agreement they made with you.
This process can be a time-consuming and pricey one unless you have the right people and resources on your side. Simplify your Flemington rental property leasing process by contacting Real Property Management NJ Elite. We can handle the leasing process from start to finish, ensuring that every renter in your rental homes is the best possible choice. Please contact us online or call us at 908-955-7487 for more information.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.