Tag: save money

Renters Background that Landlords Should be Weary Of

Before a landlord admits a new tenant as a renter, it is advisable to get as much information about them as much as possible. They need to have some background information about them in relation to their tenancy. The following are some of the information that landlords should be weary of if they find out about their clients.

Tax Discrepancies

If one finds out that their tenants tax records are not up to date, they should inquire and know why this is the case. This is found on the tenants records when performing a search. This is a likely indication that the person is not financially stable. They may have lost their job, or their business may have suffered a major blow that could have brought it down. It may also be a likely indication that they are tax evaders. Therefore the person should come out clean and explain what the reason that could have caused this is. There are cases also in which one may be up to date but the records at the tax man may not have been updated. That is the reason why personal records of all payments to the taxman should be kept for as long as one is able to. There may arise situations in which the personal records may save the situation.

saving-landlords-moneyInitial Negative Criminal Records

Another factor that should make the landlord alert is if the tenant could have had a negative review from the Criminal Investigation Department. This may have been a long time ago but one should consider the reasons that could have led to this. The person could have been a criminal and may have just hibernated before exploding again. Nobody wants a criminal in their property. They can be traced and gunned down any time so precaution should be taken. Common sense and logics should be applied when looking at individual criminal reports. There are times when one is accused wrongly. It is therefore the duty of the landlord to examine each case individually. There are some cases that are petty but still make an innocent citizen not to get a certificate of good conduct. They may also have made mistakes as a result of peer pressure as a result of childishness which they may have outgrown. They may now be sensible adults who are able to listen and reason as required by circumstances.

landlord-blogConstant Change of Employments

An individual should always work with a given employer for a reasonable amount of time. However one raises question marks when they are constantly changing jobs. This may be an alarm that they are not mentally stable or they are a social misfit. It is likely that the individual has a problem and does not agree with many people. However it should not be assumed to be so. Each case should be analyzed differently.