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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1922 E Yale Street Phoenix, AZ 85006

$568,000
3 Beds
2 Baths
1,231 SqFt
Status Active
MLS # 6772421
Property Type Single Family Residence
Price Type --
This fully renovated 1925 classic home blends charm with modern luxury. Featuring stunning luxury laminate floors and brand-new windows, the open floor plan is enhanced by beautiful wood beams and elegant crown molding. The custom bathroom showcases period-specific tile choices, while the kitchen boasts white shaker cabinets, quartz countertops, a striking blue tile backsplash, a pot filler above the gas range, and a farmhouse sink. Stainless steel appliances complete the space. Plus, enjoy peace of mind with a new roof and serviced A/C—all part of a permitted remodel!

1821 W Lacewood Place Phoenix, AZ 85045

$568,000
5 Beds
3 Baths
2,904 SqFt
Status Active
MLS # 6703351
Property Type Single Family Residence
Price Type --
You'll LOVE this beautiful 5-bed, 3-bath home in the peaceful Foothills Club West! Nestled adjacent to a common area, it displays a 2-car garage, well-manicured landscape, & cozy front porch. Welcoming interior features tons of natural light, designer paint, carpet & tile flooring t/out. Perfect for entertaining, this gem boasts a living & dining room combo and an inviting family room that opens to the kitchen! The impressive kitchen has SS appliances, granite counters, recessed lighting, a pantry, espresso cabinetry w/crown molding, and an island w/breakfast bar. Versatile loft upstairs! Large main bedroom features an ensuite dual sinks & a sit-down shower. Outback, you have a covered patio, artificial turf, & well-laid travertine & solar to save! Enjoy the mountain views surrounding it. Home also features leased solar that offsets on average 53% of their utility bill!

16612 N 151st Lane Surprise, AZ 85374

$568,000
4 Beds
2.5 Baths
2,856 SqFt
Status Active
MLS # 6710976
Property Type Single Family Residence
Price Type --
Welcome to this stunning two-story home warm and inviting from the moment you step through the door. Home featuring so many upgrades you won't believe this beauty, from exquisite diagonal tile flooring that runs throughout the entire first floor, leading into a gourmet eat-in kitchen with upgraded Cherry Wood 42-inch cabinets, granite countertops, large kitchen island, great for entertaining. The kitchen overlooks the backyard oasis with a sparkling pool. Second floor master suite with walk-out deck overlooking mountain views. Enormous master bath with garden tub and separate shower, large walk-in closet. All other bedrooms are abundant in size. Enormous game room can be converted into two extra bedrooms The home also features a downstairs office and can be converted into a fifth bedroom. We are just minutes away from schools, shopping, restaurants, Surprise Stadium-Spring Training, outdoor Recreation center, Surprise Aquatic Center, events and Festivals and hotels. You will enjoy this highly upgraded exquisite home, conveniently located few minutes away from the downtown Heritage district where the family fun begins.

2023 W Rancho Drive Phoenix, AZ 85015

$568,000
5 Beds
4 Baths
2,717 SqFt
Status Active
MLS # 6766472
Property Type Single Family Residence
Price Type --
Central Phoenix home with a lot of character in a prime location that is walking distance to the Valley Metro Rail Station and the Spectrum Mall while being minutes away from I-17! This house includes a 500 sq ft guest house that has a separate entrance with full bathroom, huge living area, kitchen cabinets with separate heating and cooling unit. The guest house would be a great Airbnb, VRBO, or an in-law suite! If you have a green thumb, this house is for YOU, it offers lots of tree and vegetation: 2 mature orange trees, pomegranate, peach, tangerine, blood orange, 5 grapevines, artichoke, and rosemary. The house has a sustainable front and backyard with a distinctive water fountain and a wood crafted entry door. The main house features hand-carved Cantera stone, slate flooring, double-sided fireplace and 3 skylights throughout the house. Chef's kitchen boasts granite countertops, huge breakfast bar for additional seating, and stainless steel appliances. Walk-in closet, steam shower, jacuzzi tub and double vanity sink makes for a great master suite! All bathrooms have stone tile work from floor to ceiling with inset mirrors. The backyard of the home is very unique and features a fountain, fully mature orange tree, raised concrete trellis area, and outdoor fire-pit! Extended driveway, RV GATE, and a GARAGE! NO HOA! HURRY, this one won't last long!

1790 E Buffalo Street Chandler, AZ 85225

$568,000
3 Beds
2.5 Baths
2,138 SqFt
Status Active
MLS # 6773663
Property Type Single Family Residence
Price Type --
Spectacular home in The Springs lake community! Recently updated and move-in ready, this immaculate home features a huge grass backyard with a large patio, outdoor BBQ, and cozy gas fire pit, perfect for entertaining. Recent upgrades include newer windows, roof underlayment, HVAC units, water heater, flooring, and countertops. Enjoy all the amenities The Springs has to offer, including access to the picturesque lake, peaceful walking paths, community pool, spa, and pickleball / basketball courts. Conveniently located just minutes from the 202 freeway, downtown Chandler, and downtown Gilbert, with a Walmart Neighborhood Market right across the street for added convenience. This home truly has it all!

935 Calle Azul -- Wickenburg, AZ 85390

$567,900
4 Beds
2 Baths
1,884 SqFt
Status Active
MLS # 6722019
Property Type Single Family Residence
Price Type --
Beautiful 4bed 2bath 2 car garage home with a large lot large patio RV gate with amazing views. Must see property in Wickenburg AZ.

8718 N 180th Drive Waddell, AZ 85355

$567,500
5 Beds
3.5 Baths
3,548 SqFt
Status Active
MLS # 6715988
Property Type Single Family Residence
Price Type --
Don't miss out on this beautiful Pulte home in a Great location! Easy access to the 303, I-10 and Luke Air Force Base. This home has an amazing floorplan with the master suite downstairs and 4 large bedrooms plus a huge loft upstairs. The nice sized lot backs to a greenbelt with mountain views from the backyard. You can take this all in while enjoying some quality time under the expansive covered patio. Some of the many wonderful features you will find inside include, granite countertops, an eat-in kitchen, tasteful neutral flooring and tons of storage space. The laundry room has ample space plus a utility sink. The 3 car garage features shelving and an epoxy floor. Come see it today. This one won't last.....

601 E Muriel Drive Phoenix, AZ 85022

$567,500
4 Beds
2 Baths
2,020 SqFt
Status Active Under Contract
MLS # 6760546
Property Type Single Family Residence
Price Type --
Beautifully remodeled Ranch style home. Charming block construction. Rich wood look LVP flooring. Updated kitchen with stainless steel appliances. New custom interior and exterior paint. Wood burning fireplace. New carpet and padding in bedrooms. Updated bathrooms with dual sinks. Fenced back yard with mature trees. Sparkling pool. Covered porch. Dual pane windows. Upgraded door hardware and light fixtures. Two car garage. No HOA. This home shows beautifully.

10221 S Bickwell Trail Apache Junction, AZ 85120

$567,028
4 Beds
2 Baths
2,386 SqFt
Status Active
MLS # 6739939
Property Type Single Family Residence
Price Type --
Experience the difference at Laurel at Blossom Rock! This stunning single-story Laredo design is currently under construction and features a spacious open-concept floorplan. The heart of the home includes an inviting kitchen with an island, seamlessly connected to a bright great room that opens to a private, covered outdoor living space. With 4 bedrooms, 3 bathrooms, and a convenient drop zone right off the 3-car garage, this home offers both comfort and functionality. Plus, $49,000 in premium upgrades are already included, and special financing options are available. The home is expected to be completed by November. Living at Blossom Rock means embracing the outdoors with community parks, miles of scenic trails, beautiful lakes, and signature events. Nearby the Superstition Mountains.

2422 E Saint Anne Avenue Phoenix, AZ 85042

$567,000
5 Beds
4.5 Baths
2,599 SqFt
Status Active
MLS # 6743335
Property Type Single Family Residence
Price Type --
Pictures Coming soon! Welcome home! This stunning 5-bedroom, 4.5-bathroom residence blends luxury, comfort, and modern living in the sought-after Arbor Subdivision. The spacious open floor plan seamlessly connects the living, dining, and kitchen areas. The gourmet kitchen features stainless steel appliances, ample cabinet space, and a large island. The home boasts five generously sized bedrooms, with the primary suite offering dual sinks, dual walk-in closets, and an en-suite bathroom. Enjoy mountain views from the beautifully landscaped backyard with a large covered patio, turf, and pavers. Additional features include a loft, office, and two-car garage. Arbor Subdivision provides well-maintained common areas, parks, and walking trails. Check it out!

2102 S Nancy Lane Gilbert, AZ 85295

$567,000
3 Beds
2 Baths
1,804 SqFt
Status Active
MLS # 6736775
Property Type Single Family Residence
Price Type --
Beautiful single level home loaded with upgrades and priced to sell! Built by Fulton Homes in 2016 and now for sale from the original owner. Home features 3 bedrooms + den space and 2 baths with 2 car garage, loads of builder upgrades like gourmet kitchen package, granite countertops and staggard tile. Stunning iron and glass entry door completes the cute front patio and the home backs to a community road so no houses behind! Cooley station is one of Gilbert's favorite destinations with Verde and Epicenter close by and easy access to San Tan Village, the 202 freeway and Mesa Gateway Airport. Large community pool and central park with pickle ball court, bocci ball and playground. Check this home out before it's gone!

2398 W Arroyo Way San Tan Valley, AZ 85144

$567,000
4 Beds
2.5 Baths
2,535 SqFt
Status Active
MLS # 6707047
Property Type Single Family Residence
Price Type --
Beautiful single family home featured in popular community ''Morning Sun Farms' located in Queen Creek, AZ. This highly preferred [single level] home incorporates a subtle balance of contemporary finishes with a modern design. The home features 4 bedrooms, +Den/5th bedroom, 2.5 bath(s), 2,534 sq ft open concept floor plan, nicely appointed kitchen w/ granite countertops, large [eat-in] island, dual ovens, gas cooking, raised panel cabinetry, ss appliances, and walk-in pantry. Also, this home features large great room space, 9ft+ ceilings, tile flooring, modern plumbing/lighting fixtures [fans], dual pane [low-e] windows, 2'' wood faux blinds, designated dining space, and a dedicated master retreat featuring a spacious sleeping quarters, separate shower/tub, dual sinks, and large walk-in. closet. Lastly, the home features a 3-car tandem garage w/ new epoxy floors & built-in storage cabinets, and a private [resort style] backyard equipped with covered patio space, sparkling heated pool, built in BBQ [w/ dedicated gas line], mature landscaping, backyard wall raised for increased privacy, and separate RV gate --perfect for entertaining guests & family. Morning Sun Farms offers residents plenty of walking & bike paths, green spaces, and is just minutes away from great shopping, restaurants, and entertainment.

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