Can You as A Landlord Pick the Tenant?

By GoldenWest Management

Are you planning on renting your San Diego Rental Property and are wondering if you as the landlord can pick the tenant?

The answer to this question is yes, of course, but only if you choose the tenant based on the results of their credit check and application criteria.

Preoccupied, worried young male worker staring at computer screen in his office

Set Criteria and Stick with It

One of the best ways to save yourself the time, money and hassle of choosing the wrong tenant is to set criteria for what you’re searching for in a tenant and then stick with it.

You should be searching for a tenant who meets the following criteria:

  • They must have verifiable income that’s at least two and a half times the amount of rent.
  • A credit score that’s over 600 (or better).
  • Must never have been evicted or gone to rent court.
  • The tenant should be at least 18 years of age.
  • Should be able to provide you with references for their last 2 landlords plus references for their current and last two employers.

Small group of young people at a business meeting in a cafe

Charge the Tenant an Application Fee

When getting ready to screen tenants for your San Diego Rental Property you should charge an application fee because this is the first “hurdle” that the tenant must get over and prove that they are serious about renting your property.

Once they’ve paid the fee you should then start the process of reviewing their references and determining if they would be the right tenant or not.

Before pulling a copy of their credit report make sure that they sign off on a separate document which authorizes you to view their reports and credit scores with the 3 major credit bureaus.

House for rent

Get Professional Property Management for Your San Diego Rental Property

To learn more tips for choosing the right tenant, or for professional property management for your San Diego Rental Property, contact GoldenWest Management today by calling us at (866) 545-5303 or click here to connect with us online.

Going On a Vacation? Follow These Tips to Protect Your Home

On the Beach

Christmas is over and the New Year is here but that doesn’t mean that many people won’t be going on vacation this month because January is typically one of the best times of the year to go on a cruise or take a trip because it’s the slow season for many destinations around the world.

If you’re thinking about going on a vacation this month make sure you follow these simple tips to protect your home while you are away.

Tip #1 – Have a neighbor pick up your mail and newspapers

This tip is very important because criminals are trained to look for homes that might have newspapers piling up in front of the front door or mail accumulating in the mailbox.

If you’re unable to have someone pick up your mail or newspapers you should have your mail put on a hold with your local Post Office and contact your newspaper delivery driver to hold your papers while you are away.

Tip #2 – Have lights set to a timer

It’s now easier than ever before to set up technology to make it look like you’re home even while you’re away. You can easily purchase timers for your lights from a store like Walmart for about $30 each or systems that connect to your home internet for about $150.

Tip #3 – Notify neighbors of emergency contact info in case of problem

Do you have neighbors in the area that you can trust? If so, notify at least one neighbor that you’re going to be away just so they will be watching for suspicious activity at your home and take the appropriate steps to contact you or law enforcement if something happens to your home while you are away.

Tip #4 – Don’t announce your trip on Social Media

We all love social media these days but talking about your trip before you go on vacation is something that you should not do because tech-savvy thieves may be following you online and ready to rob your home while you are away.

Tip #5 – Let your PM know that you will be gone; that way in case of a reported emergency they will be able to make an immediate entrance.

If your home is being managed by a property manager you should inform them that you will be gone just so they will be ready to step in and deal with emergencies at your home if needed while you are away.

Get Property Management Here

 For professional property management contact GoldenWest Management today by calling us at (866) 545-5303 or click here to connect with us online.