Signs of a Bad Tenant

Obviously  we can’t be property investors without tenants, they help pay our mortgage.

So while the quality of your investment property is important, so is the quality of a tenant who occupies it.

By the way, one of the problems with allowing the presentation of your property to decline is so does the qualifications of a tenant, and from there we have a viciorent lease property tenant keys hand over man woman buy sell unhappyus cycle downwards.

For me a good tenant:

  • Pays on time.
  • Stays long term.
  • Keeps to conditions on lease.
  • Reports maintenance in a timely manner.
  • Is respectful of the owners property and agencies rights to manage.

Here are some signs of a prospective tenant that could lead to a bad tenancy occur right from the start. 

The references may be below average, payments are late or inconsistent, or they may be unable to a pay a full bond.

Sometimes they are looking for accommodation in a desperate state like now or need to find something today . 

These signs will be further backed up by their dress use of language, attire, car and general gut feeling.

For me there is never any benefit of solving one problem with another i.e. vacancy- with a problem tenant.

Tenants don’t change their spots.

It’s likely that if they’ve  been difficult before they will be difficult again.

It will be your mental health, cash flow and property that suffers.

Want more of this type of information?

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Christina is the property management Business Development Manager for Metropole in Brisbane. As a property investor and landlord she understands the importance of having a proactive Property Management Team caring for your investments.

'Signs of a Bad Tenant' have 1 comment

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    March 31, 2014 @ 5:31 pm folioinvestau

    It’s a great idea for investment. thanks for this information.


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