{"id":1207,"date":"2013-12-16T14:59:59","date_gmt":"2013-12-16T14:59:59","guid":{"rendered":"http:\/\/www.propertyportfoliosoftware.co.uk\/blog\/?p=1207"},"modified":"2013-12-16T14:59:59","modified_gmt":"2013-12-16T14:59:59","slug":"will-your-tenant-pay-the-rent","status":"publish","type":"post","link":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/will-your-tenant-pay-the-rent.html","title":{"rendered":"Will Your Tenant Pay the Rent?"},"content":{"rendered":"<p>Rent arrears are affecting an increasing number of landlords and tenant<br \/>\nevictions are on the up. Unfortunately, a lot of first time <a href=\"http:\/\/www.propertyportfoliosoftware.co.uk\/video.create_portfolio.html#watch-demo-anchor\">landlords<\/a><br \/>\ndon&#8217;t bother to check tenants&#8217; references because they are trying to save<br \/>\nmoney, which is a big mistake in the current economic climate.<br \/>\n<strong><\/strong><\/p>\n<p><strong>Why Tenant Checks are So Important<\/strong><\/p>\n<p>If you let a property through an agent, the agency will check references<br \/>\non your behalf, but if you are managing your own properties, it is down<br \/>\nto you to check a tenant&#8217;s references. Running references does incur a<br \/>\ncost, but failing to do so could cost you a lot more in the long run<br \/>\nbecause tenants are not always what they seem.<\/p>\n<p>\u2022 Con artists \u2013 Some tenants lie through their teeth in order to<br \/>\nget a foot in the door. They know their lies will unravel eventually, but<br \/>\nonce they are in situ the onus is on you to get them out of the property,<br \/>\nand in the meantime they won&#8217;t bother paying the rent and live there for<br \/>\nfree.<\/p>\n<p>\u2022 Tenant fraud \u2013 Criminal activities can be prevented by running a<br \/>\nsimple<a href=\"http:\/\/www.propertyportfoliosoftware.co.uk\/video.tenant_documents.html#watch-demo-anchor\"> identity check<\/a> and you can avoid the horror of discovering your<br \/>\nlovely four-bed executive detached property has been converted into a<br \/>\ncannabis farm.<\/p>\n<p>\u2022 Affordability \u2013 Is your tenant really a highflying lawyer, or is<br \/>\nhe a low-paid waiter instead? If he isn&#8217;t, checking his references will<br \/>\nhelp you avoid taking on a tenant who can&#8217;t afford the rent.<\/p>\n<p>No matter how likeable and genuine a tenant appears to be, don&#8217;t skip the<br \/>\nreference checks\u2014if you do, your oversight could come back and bite you<br \/>\nbig time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rent arrears are affecting an increasing number of landlords and tenant evictions are on the up. Unfortunately, a lot of first time landlords don&#8217;t bother to check tenants&#8217; references because they are trying to save money, which is a big &hellip; <a href=\"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/will-your-tenant-pay-the-rent.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1207","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=1207"}],"version-history":[{"count":2,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1207\/revisions"}],"predecessor-version":[{"id":1209,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/posts\/1207\/revisions\/1209"}],"wp:attachment":[{"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=1207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=1207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=1207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}