Do You Own an Income Property? Here Are Four Tips for Finding Great Tenants

Do You Own an Income Property? Here Are Four Tips for Finding Great TenantsTrusting another individual with your property can be nerve-wracking because it’s difficult to gauge how well they’ll care for their home from a viewing and rental application alone. However, there are several steps you can take to help ensure that you select responsible tenants that will take good care for your property while they live there.

1. Make Your Home Desirable

When creating your rental listing, show your property at its absolute best and list its attractive features. The listing should be well written with proper capitalization and full sentences, even if it’s only going on Craigslist. Include plenty of photos that are staged nicely to show the full potential of the home both inside and out.

If you want the best applicants, strive to be the best property! You need to attract tenants who are looking for a home rather than a crash pad.

2. Have A Thorough Application Process

Don’t be afraid to ask for in-depth information from your applicants. The more you know about them the more you can assess what kind of a tenant they’ll be. An application should ask for:

– full name
– the applicant’s job & their supervisor
– their income
– current address
– government identification (i.e. a photocopy of their driver’s license)
– next of kin or an emergency contact
– previous landlord references
– any additional info you think is necessary

3. Check References

One of the most important things you can do when choosing a tenant is check their references. At least one reference should be a past landlord, and it’s great to contact a current employer as well. Favor applicants who can prove they’ve been a good renter in the past and who seem to have reliable employment.

When calling references have a prepared list of questions. For past landlords you’ll want to ask about their cleanliness, if there was any damage to the property, noise complaints, or missed rent. When speaking to an employer, make sure to ask how long they’ve been working there, whether they’re a reliable worker, whether they’re respectful, and if they can see them continuing to work there for the long-term.

4. Meet Them!

Always meet potential tenants in person. See if they have a pleasant demeanor, if they’re easy to talk to and are polite to you, and whether they seem to take care of themselves. Trust your gut, if you have a bad feeling about someone then it may be best to keep looking.

Need more advice on income properties? Give me a call today – J.P. Cook – 602-320-4253.

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29757 N 133rd Avenue Peoria, AZ 85383

$619,000
2 Beds
2 Baths
1,752 SqFt
Status Active
MLS # 6768766
Property Type Single Family Residence
Price Type --
PRICE REDUCED on this BEAUTIFUL UPGRADED Vibrant Model in Trilogy at Vistancia. CHEF'S GOURMET Kitchen Features GRANITE Counter tops, DESIGNER Back Splash, SS Appliances, Gas Cooktop with Separate Wall Oven. STAGGERED Cabinets with Roll Outs, Under Cabinet Lighting, Island. Whole House RAIN SOFT Water Filtration System. Surround Sound, Upgraded DESIGNER Lighting Throughout, Wood Plank Tile Floors with Upgraded Carpet & Pad in Bedrooms. Smart Room Features Cabinets Galore with Sink & Desk. Relax in the Den with Built In Cabinets & Wine Frig. Plantation shutters, Ceiling Fans, & Stone Fireplace in Great Room, 4 Panel Slider to Fabulous PRIVATE Back Yard Featuring, SYNTHETIC GRASS, PERGOLA, FIRE PIT, B/I GAS BARBECUE, PUTTING GREEN, LUXURIOUS THERAPEUTIC HOT TUB & AUTOMATIC SUNSHADES. Designer Front Screen Door. Neutral pallet throughout & close to cul de sac for quiet area. Epoxy garage flooring for easy clean ups. Perfect Home to Entertain and Enjoy the AZ Trilogy Lifestyle.

7601 E Roosevelt Street Unit 1010 Scottsdale, AZ 85257

$619,000
3 Beds
2.5 Baths
1,967 SqFt
Status Active
MLS # 6772879
Property Type Townhouse
Price Type --
Great central location! This home features 3 bedrooms plus a large loft/office area with a home office nook. Minutes from ASU and Old Town Scottsdale with easy access to the 101 and 202 freeways. Quiet, small complex with a community pool. Enjoy sunsets from your balcony or landscaped backyard with turf and extended paver patio. Custom master closet, soaking tub, and double sinks in the master bath. Granite counters in the kitchen and baths, upgraded faucets, and a Blanco kitchen sink. Custom sunscreens on all south windows to improve efficiency. Directly on the Scottsdale greenbelt with miles of lakes, parks, and trails. 2 car attached garage with ev charging

651 W Orchard Way Gilbert, AZ 85233

$619,000 - 4Br/3Ba -  for Sale in Neely Ranch, Gilbert
Open House
$619,000
4 Beds
2.5 Baths
2,836 SqFt
Status Active
MLS # 6740366
Property Type Single Family Residence
Price Type --
Sellers will offer incentive with the right offer! Perfect for the NEW YEAR ''2025'' This amazing home awaits you in the highly sought-after Neely Ranch community. Upstairs, newer carpet, four spacious bedrooms with an extra-large loft space. Updated primary bath with quartz double sinks and a tiled walk-in shower with privacy barn door. Lower level offers epoxy flooring and updated half bath, den is off the kitchen. Kitchen has updated quartz countertops, an island plus an extra-large walk-in pantry including laundry (Appliances included). Updated electrical, recessed LED lighting and dimmers throughout the entire smart-home. Salt Water pool, x-large backyard w/ privacy greenbelt behind home. Gilbert School District. Minutes away from Gilbert Town Square- Entertainment for everyone.

317 W Ivanhoe Street Gilbert, AZ 85233

$618,500
3 Beds
2 Baths
2,042 SqFt
Status Active Under Contract
MLS # 6777032
Property Type Single Family Residence
Price Type --
Coming Soon! Prime Location in Gilbert! Discover this beautiful, single-story home on an expansive lot, just steps away from a massive park. This home offers three spacious bedrooms, a versatile den that could serve as a fourth bedroom, two bathrooms, and a roomy three-car garage. Inside, enjoy a formal living and dining area, along with an open-concept great room that flows into a beautiful kitchen, that boasts stylish white cabinetry, stainless steel appliances, including stainless steel appliances and sparkling quartz countertops. The large island provides bar seating with views of the lush, grassy backyard. Outside, unwind under the covered patio, surrounded by mature trees and a vast backyard with endless possibilities for creating your ideal outdoor space. This home also features newer flooring and AC system for added comfort. Perfectly situated near Gilbert's best entertainment, shopping, dining, parks, and schools, don't miss out on this incredible opportunity!

1253 W Golden Ore Pass Apache Junction, AZ 85120

$618,253
5 Beds
3 Baths
2,760 SqFt
Status Active
MLS # 6740168
Property Type Single Family Residence
Price Type --
Discover the exceptional difference in your home-buying experience! Welcome to Mariposa at Blossom Rock, where our single-story Lily design is under construction now. Imagine an open-concept floor plan featuring a warm and welcoming kitchen that flows into a bright, airy great room. This space opens up to your private, covered outdoor room - perfect for relaxing or entertaining. Convenience of the 3-car garage that leads directly into the drop zone, making organization a breeze. With 5 spacious bedrooms, 3 luxurious baths, a great room with a dining area, and a flexible office space, this home has everything! Plus, we're including $55,000 in stunning upgrades to make this home truly special, and we're offering special financing to help. Home completion is estimated in October 2024.

1252 W J Waltz Way Apache Junction, AZ 85120

$618,007
4 Beds
4 Baths
2,575 SqFt
Status Active
MLS # 6781072
Property Type Single Family Residence
Price Type --
Experience the unique offerings of this home and buying journey. Welcome to Mariposa at Blossom Rock. The single-story Agave design, presents an open-concept floorplan featuring an inviting kitchen and a bright great room with a separate dining area that seamlessly connects to the private, covered outdoor room. The 2-car garage leads to a convenient drop zone, flex room/office, and more. $59,000 in upgrades are included. ***Special financing options are available.***Blossom Rock's amenities are designed to inspire outdoor living, including community parks, miles of trails, beautiful lakes, signature events, and more. Moreover, perfect blend of tranquility and adventure to enrich your everyday life.

2326 W Gloria Lane Phoenix, AZ 85085

$618,000
4 Beds
3 Baths
2,154 SqFt
Status Active
MLS # 6782146
Property Type Single Family Residence
Price Type --
Located in the highly sought-after GATED Community of Sonoran Foothills - 24 North. This Beautiful Home sits upon a Premium Corner Lot. NO direct neighbors to the side or back! Cul de Sac with Mountain & Desert Wash Views. Low Maintenance Backyard with View Fence & Covered Patio. This Home boasts UPGRADES THROUGHOUT - Perfect for Entertaining! Stunning open floor plan with HIGH Ceilings. GOURMET Kitchen that features Stainless Steel Appliances, UPGRADED Cabinetry w/ Pull-Outs, GORGEOUS Granite Countertops & CUSTOM Backsplash. PREMIUM Engineered HARDWOOD Flooring throughout - NO CARPET. Upstairs has a Spacious En-Suite Master, 3 more Bedrooms, a Big LOFT, and Separate Laundry room with W/D INCLUDED. BRAND NEW Water Heater. Water Softener. Community pool/spa, fenced dog park, and BBQ Ramada PREMIUM Upgrades & Features: Shea Homes - The Polaris Model 4 Bedrooms / 2.5 Baths The Light & Bright, OPEN FLOOR PLAN - perfect for entertaining or just relax & unwind North / South Facing Premium Engineered Hardwood Flooring - Throughout (no carpet) Shared Parking Groups For 3 Properties - other properties share with 6 groupings Cul De Sac Mountain Views Wash Adjacent View Fence Premium Hand Selected Upgrades - throughout Kitchen is RO-Ready Upstairs Laundry Room Washer & Dryer - included **Buyer to verify all information. Listing Agent is related to Seller.

21654 N 106th Lane Peoria, AZ 85382

$618,000
5 Beds
3 Baths
3,074 SqFt
Status Active
MLS # 6770888
Property Type Single Family Residence
Price Type --
Motivated Seller will buy down the interest rate for the buyer with a good offer. .House vacant on lockbox. Beautiful 5 bedroom 3 bath, plus a loft/game room, front living/dining room combo, family room, breakfast bar, stainless steel appliances, oak 42 inch cabinets, 3 car garage with cabinets in both 2 car and single car garage, covered patio, ceiling fans throughout, separate tub and shower in master, great neighborhood, easy to show, move-in ready, all new carpet

1240 E Kramer Circle Mesa, AZ 85203

$618,000
4 Beds
2 Baths
2,318 SqFt
Status Active
MLS # 6766889
Property Type Single Family Residence
Price Type --
This spacious floor plan features a living room and dining room, along with a separate family room. The fabulous open kitchen includes an island and pantry, perfect for all your cooking needs. The large master bedroom boasts an expansive master bath with a separate shower, and there's also a dedicated laundry room. The extended cabinets in the kitchen provide ample storage space for your cookware and countertop appliances. The backyard is an entertainer's dream, complete with a Pebble Tec pool/spa, a water feature, a covered patio, and numerous upgrades. Experience resort-style living in this beautiful gated community!

4300 W Prince Road Mcneal, AZ 85617

$617,000
3 Beds
2 Baths
2,150 SqFt
Status Active
MLS # 6721687
Property Type Single Family Residence
Price Type --
Welcome to your dream country property, nestled on 75 acres with almost 360 mountain views. With 36 acres of grandfathered irrigation rights, it's just waiting for you to grow your own hay or run livestock. The property includes a large hay barn, equipment shed, and workshop, plus fenced pastures ready for horses. This fully functioning farm features a domestic well and irrigation well which supplies water to the house, lawn, orchard and fields. The stunning three-bedroom, two-bathroom home features open-plan living. Vaulted ceilings create a bright and airy atmosphere. A spacious kitchen is at the heart of the home. French doors open onto a BBQ and entertainment area where you can host family and friends. (NRCS subsidy for 25 acres of sprinkler irrigation and certain farm implements are also available.) This is more than just a home. It's a one-of-a-kind gem that provides an unparalleled lifestyle for you and your family. Don't miss out on the opportunity to own a piece of desert paradise. Owner is Listing Agent.

21726 E Lords Way Queen Creek, AZ 85142

$616,995
3 Beds
2.5 Baths
2,390 SqFt
Status Active
MLS # 6702133
Property Type Single Family Residence
Price Type --
Introducing this exquisite home featuring the interior Bermuda Linen collection features timeless 42'' white regal upper cabinetry in the kitchen perfectly complements the sleek blanco maple quartz kitchen countertops & island, making it a chef's dream. The kitchen is adorned with a subway tile backsplash, wood laminate flooring throughout the main living areas, tile in the baths. Enjoy the gourmet kitchen's built-in single oven and microwave, gas cooktop stove, and stove-pipe pyramid stainless steel vented hood. With 10-foot ceilings, this home feels open, airy, and full of natural light. The three bedrooms, 2.5 baths, study & 3-car split garage provides ample space for comfortable living. This move-in ready gem offers a north-south exposure, ideal for enjoying bright and sunny days! With amenities like a tankless water heater for efficiency and a charming paver driveway, this home harmoniously blends convenience and sophistication.

947 W Saddle Run Apache Junction, AZ 85120

$616,990
4 Beds
2.5 Baths
2,468 SqFt
Status Active
MLS # 6778925
Property Type Single Family Residence
Price Type --
Welcome to Blossom Rock! The east valley's newest master planned community. With views of the Superstition Mountains and a wealth of amenities currently in the making including three community parks, dozens of neighborhood parks, a community school, miles of trails, beautiful lakes, and indoor and outdoor gathering spaces all meant to serve as the backdrop of the calendar of signature events and annual celebrations currently being created. A public report is available on the Arizona Department of Real Estate website.

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