ArticlesREAL ESTATE ADVICE

How to find tenants

Finding the right tenant can save you a great deal of time and money. The ideal tenant is one that pays the rent on time and keeps the property in good condition. That is why it’s so important to invest time and energy to find the right tenant for your house in Nigeria.

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Never rush the process

How to find tenants

Some landlords/agents just rush and accept any tenant into their house who can pay the money immediately. This tends to happen mostly when the house has been up for rent on the market for a long time. Desperation can trigger a landlord selling to anyone which can cost more in the longer term compared to an empty property.

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Research

How to find tenants

Ensure you do your due diligence and don’t just dismiss a tenant just because of what you perceive. That person you turned down may just be the best tenant you will never have. Be logical and do your research before you pick a tenant.

Don’t be afraid to sound intrusive. You need to confirm a tenant’s ability to pay the rent before you make any decision.

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Be flexible

How to find tenants

To get the most out of a real estate deal; you have to be flexible. Stick to your plan but be prepared to adjust to also accommodate your tenant preferences. As a Landlord, you can ask your agent for guidance during the negotiation process between both parties.

See also  Saving up for Rent.

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Take advantage of technology

How to find tenants

With the advent of technology, you can advertise your property via social media or a reliable online platform like PropertyPro.ng. You can find tenants/leads online on a verifiable platform. However when advertising your listings online try to include a nice photo of your house and your contact information.

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Trust your gut

How to find tenants

Just because someone has a good job that doesn’t mean that person will be the best tenant. Even the best-paid tenant could vandalize your property. If you are uncomfortable about a potential tenant then it may be advisable to continue your search.

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