出租房子經驗

byanca

我想買一間大點的房子, 把現住的兩年新一房單位出租.  但又怕租客住的質素差, 到底應該怎樣選擇好租客呢?

Lik

How do I do background check?  Can I ask the potential tenant for a proof of income?  Or ask his emp ...
byanca 發表於 2011-10-28 15:13

It is perfectly acceptable to include a section in the rental application form for the viewers to write down their employer, their position/job title, manager/supervisor and his phone number, etc.. It is up to them to decide whether they are interested enough in your unit to provide you with that info. Then, if you are really interested in renting to that person, you should notify the potential tenant first that you plan to call his boss, and ask him to let his boss know about you planning to call him (the boss).

-Lik

Nam

When u showhome, try to be friendly and dig as much info as u can, skillfully to foind out why they moved out from previous place, family status etc. bcuz u dun want to have an abusive husband on and off lives in ur unit or how many ppl will stay over night etc, these r important as it will affect ur utilities in long run

Nam

U can download a sample rental application form from microsoft, if ppl truly interest, they fill in detail, some ppl even gave me their SIN card, how much they make in exact number, employer contact not being racist but of all ppl i interview, asian and middle east ppl are very dishonest or bargain, to me, if u really like my place and my rent is reasonable, i dun accept bargain, plus be careful on ppl being initiate and tell u they r flexible, i would do everything legit than risk to have problem tenan

byanca

How do I do background check?  Can I ask the potential tenant for a proof of income?  Or ask his employer to be his reference?

FiChai

Tenants definitely get a lot of protection from the Act, and I agree that the Act is more biased tow ...
Lik 發表於 2011-10-28 12:22

I agree not to rent to your "friends". What I meant for "non-strangers" or "someone you know" could be, for example, the current tenant of your friend wants to move to a new location which interests in yours. It's more like "transferring a tenant".

快樂牛郎

i've only heard of good experiences
never a bad one

Nam

Filtering tenants could be a hassle... I just rented my unit out this month and I did screen A LOT of people... It's very important to go throught the tenancy act and do reference check.

Also I took pictures of the units and becuase of my unit is brand new, so I didn't really do an inspection.  I would rather wait for the right tenant than rush into renting it out...

Yes, the tenancy act is more bias toward tenants, but if your tenants are reasonable, they usually would respect you...

I take 1/2 month rent as damage deposit and I did not expect my unit would be orignial stage... as long as they dun burn my unit and do anything illegal, paying rent ontime.. do not call me every freaking week to fix something.  I'm fine.

So far, cross my fingers, my tenants are pretty nice and treat my unit as their own home... so hopefuly, that will stay the same for the next couple years...

Lik

Tenants definitely get a lot of protection from the Act, and I agree that the Act is more biased towards protecting the tenants than the landlords. But that doesn't detract from the fact that landlords can rely on the Act to protect themselves when the situation arises (issue eviction notices, etc. when the criteria are met). When you do not have a rental contract between the 2 parties, things become a lot more difficult and messy when problems arise.

Personally, I would much prefer to rent to complete strangers than someone I know, unless I know that person really well and am 100% confident about his financial stability to pay me that rent. Money dealings can easily ruin or strain friendships. Even if you are perfectly comfortable with keeping things separate, other people might not work the same way.

Location of your unit is also extremely important. Good areas are a lot more likely to attract good tenants.

-Lik

FiChai

Yes, the Tenancy Act is supposed to protect both landlord and tenant. However, if you were the landlord you'll think the Act tends to protect tenants more! (Hahaha.....)
There are certain bylaws you have to follow in order to make a legal tenancy agreement, not just write down what you like in black and white which those terms might not be accepted in court in case things go wrong.
Screening tenants could be anther hassle if you don't have potential people in mind and have to look for "strangers" to be your tenant. A possible solution is to hire a real estate professional to help you out everything in the area. Don't think that it will cost you a lot, many of them charge reasonably.