Finding Suitable Tenants:
It is a hectic and time taking task to find suitable tenants for residential property. However, PPC 360 will help you in positioning your property on the market so the qualified applicants may come forward. Our screening team will then review all the applications and choose the most suitable candidates for you to review and approve. Our professional team of experts have screened thousands of tenants for thousands of properties across Pakistan, over the last 10 years. You can have a look at our process of selecting suitable tenants for your property:
Marketing your Home
The search for tenants starts with marketing the unit.
- To paint as accurate a picture of the home as possible.
- Avoid embellishing features and amenities
- Quick response to queries.
- Critical evaluation of your expected tenants.
Receiving Rental Applications
The next step is to receive and assess rental applications. We start with detailed study of the submitted application and a critical review of accompanied documentation so that the ideal tenant search becomes easy and possible.
Checking the Finances of Applicants
The filtering process of applications is basically to find out an applicant’s ability to pay rent. Income verification and credit check will be enough. However, following things can also be checked to have a complete understanding.
- Credit reports
- Income verification documents
- Cash assets
- Investment assets
- Family support
Suitability of Applicants
The suitability of a tenant to your home is a critical consideration and that is why we ask that of our applicants participate in a thorough interview process. Following factors can be considered during the interview:
- Will the tenant be happy living there?
- Are they likely to get along with their new neighbors?
- Do they seem cooperative?
- Is their tenancy likely to endure for the desired lease term?
- Are their social media accounts consistent with the information they are provided?
Fraud
While screening tenants, we also make sure that there is no chance of fraud:
- Contact previous landlords
- Conduct an internet search and social media review.
Owner Review
After screening through the pool of potential tenants and narrowing the search down to only the most qualified candidates, we will select one or two applicants for your further review. You will be provided with a summary of all relevant information and will be asked to make a decision about the applicants.
Tenancy Setup
Here is what happens in the last stage of the tenant selection process:
- We establish a communicative relationship with the new tenant.
- Discuss with them the lease requirements and demands.
- Make their move-in timely
Rent Collection:
Collecting rent is one of the major issues faced by landlords in their property management. PPC 360 Complete Solutions and Services is there to help you in this regard. We offer many convenient ways for your tenants to pay their rent. If they’re having difficulties, we’ll find out why, and work to resolve the issue.
Conflict Resolution:
It’s incredibly important that your property manager understand how to cultivate and maintain lasting relationships with your tenants. A respectful relation built on trust and communication is the cornerstone of any lasting and healthy tenancy.
Our team is skilled in the art of conflict resolution, mediation and negotiation. A tenant-friendly property manager can not only save you time and money, but they should also be able to help you negotiate tenancies, dissolve tenancies, facilitate repairs and maintenance, access the property if necessary and generally maintain the home and disposition of its occupants.
We focus a lot of time and energy ensuring that our tenants are happy and comfortable. This has helped us to keep our growing portfolio of investment properties, rented, collected and quiet.
If you have questions or concerns about your investment properties or tenancy management – we’re here to help.