As a landlord, there are two inevitable things you will encounter: repairs and a rogue tenant who drains your profit.
The thing about tenants who don’t pay the rent on time and cause damage to your investment is that instead of guaranteeing a steady cash flow, you end up paying for repairs down the line. Now, this unfortunate situation can actually be prevented even before allowing a potential tenant to step into your property. Enter tenant reference check.
Tenant referencing is basically a background check on a potential tenant that helps you assess whether you can rely on the person to pay the rent on time and keep your apartment in good condition.
If you’re interested to learn more about the process, this infographic from Tenant Find, a reputable letting agent in the UK, starts you off by answering 12 of the most frequently asked questions when it comes to tenant referencing.
Infographic by Tenant Find