Residential Guidebook Residential Guidebook 2013 | Page 40

MANAGING statements and phoning their previous landlord, ( not the current one, as the current landlord may simply be trying to get them to move on and give a great reference to get rid of them) you can paint a picture as to the type of lifestyle they lead and what type of tenant they are. It might seem like a lot to check for a tenant but even if they are professional and look like the perfect tenants, don’t take chances, as they say act, “in haste, repent at leisure.” If in doubt, consider a guarantor If you have any doubts at all about your tenant applicants, but you would still like to proceed with them for some reason, you should ask them to provide a guarantor. The guarantor will under write the tenants’ obligations to pay the rent, make good any damage, settle outstanding bills, etc. You must vet the guarantor the same way you would vet your tenant. ALWAYS GET A GUARANTOR Trust your instincts IF YOUR TENANTS: 1 2 3 4 5 6 7 8 9 10 38 have no previous rental history; are less than 30 years old; have less than 18 months’ employment history; haven’t worked for their current employers for more than six months; are self-employed but have less than three years’ satisfactory accounts; have been working abroad in the previous six mon ??X\??\??[??YH[Y\?H[??X[?[??\?H[\?YY[?[????\][?]\????Y\?Y?[??XX?N?\?H?Y[???]?H?? ???H?Y]???\????\?Y[?X[[????? ? L????H[H?X???]?H?Y[???\]Y ]??Y\????H[?]?YX[[???[?H?Y[X??][K???]?[?\?[??[???[[?K??]?H^HX?Y?[?[?\?X?Y?][?H??Y??]H???\???Y??[?H]?H[?H?\?\??][??]\??Y?H]\??]\???][?\????\?[??\?Y?Z[?[??\??YZ?????[????[????H?Y?[?[???[?]?H[?H[YB?[?[?^H]\?????HS?S??HQ?QSQS??X???[???H?[?[?\?[??X? HX\?B?]\???Z[?H????[??Z[?[][B?[???X][????B????B???????B?L?LB?L???H[??8?&\??[YH[?Y?\??H[?[?8?&\??[YH[?Y?\???H\??\[??H??\?KY?]?Y?\?????]X??[?H[?[?]\?^H[??]Z[??[?H\??[][? [??X\?\?[??[? N?[?H?\?[?^\??X?H[?[?]\??^K?X?\??]\?[?Y???[?H?[?]\??HZY H]\?\?X[H]?H?Y?[??[???XX??[[?\?[????]X?\??]H[?[?]\?^B?\??X?\?]H??[?H[XY?HH??B?ZY??]\?NH\?[??HX\?H HY?\?H\????X?Y?X?\?[? HX\?H]\??]H??]X???X?H]\??H?]?[?]?[?]H[??8?&\?[?[?[?8?&\??Y?][???\??XX??\??H\??^\?[??Y?X???H??\?N?[?H?\?H?[\?]H[?[??[]?H??^N?H\???\??]\?H[??][??? Y?H??\?B?\??Z[??]\?H?\??\?Y[?] K???HY?Y[Y[??H]?[???]\?][???]\?\??YHB?]Z[Y?X?Z\??]?\?H^[Y[??X?Z]?Y???B?H[?[? ?Y?H\??]\?ZY [??\?][?^B???˜?Z[XY????B??