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How to find a good tenant as a landlord: Sven Schwarzat from Schwarzat Capital GmbH gives tips

06-02-2024 09:30 AM CET | Industry, Real Estate & Construction

Press release from: Schwarzat Capital

Sven Schwarzat handing over the keys with a tenant (© Sven Schwarzat)

Sven Schwarzat handing over the keys with a tenant (© Sven Schwarzat)

Finding a good tenant can be a challenge for landlords, but with the right strategy and careful preparation, the ideal tenant can be found. Sven Schwarzat has been active in Central Germany for years with his Schwarzat Captial GmbH. He has many properties in his own portfolio, particularly in Leipzig and Magdeburg, and provides tips. A good tenant is characterized by reliability, solvency and a respectful attitude towards the property. Here are some tried and tested steps that can help you find such a tenant.



1. thorough preparation of the property



Before you start looking for a tenant, make sure that your property is in good condition. A well-maintained and clean apartment makes a positive first impression and attracts serious prospective tenants. Make any necessary repairs and consider minor renovation work if necessary to increase the attractiveness of the property. "A crooked heating system can be repaired quickly, but it will give prospective buyers a stomach ache during a viewing," says Schwarzat.



2. attractive and detailed advertisements



A well-designed advertisement is the key to attracting potential tenants. Describe the property in detail and highlight its benefits. Make sure you include attractive photos that show the premises in the best light. Include important information such as rental price, size, number of rooms, location and special features. Be honest and realistic to avoid disappointment later on.



3. targeted marketing



Use various platforms to advertise your property. Online portals such as ImmobilienScout24, Immonet or eBay classifieds offer a broad reach. "The more you use, the faster you will find interested parties," says Sven Schwarzat. You should also use social media and local newspapers. Targeted marketing increases the chances of finding suitable tenants. It can also be helpful to put a sign on the property to reach prospective tenants passing by.



4 Careful pre-selection of prospective tenants



If you receive inquiries from potential tenants, you should make a pre-selection. Make sure you communicate politely and completely. Ask specific questions about their current living situation, employment and reasons for moving. Ask for relevant documents such as proof of salary, a credit report and references from the previous landlord. This will allow you to better assess the seriousness and solvency of the prospective tenant.



5. personal meeting and viewing



A personal meeting and a viewing of the property are essential. Use this opportunity to get an impression of the potential tenants. Pay attention to their appearance, behavior and questions about the property. An honest and open conversation can reveal a lot about the tenant's personality and expectations.



6. credit check and tenant self-disclosure



Carry out a credit check to ensure that the potential tenant is able to pay the rent regularly. The Schufa report provides information about the financial situation and any debts. A comprehensive tenant self-disclosure provides further important information about the tenant, such as previous tenancies and personal references.



7. draw up the tenancy agreement carefully



Once you have found a suitable tenant, draw up the tenancy agreement carefully. Use up-to-date and legally compliant templates. Discuss all important points in detail, such as the rental period, rent, ancillary costs, deposit and notice periods. Make sure that both parties understand and sign all agreements.



Conclusion



To summarize, finding a good tenant takes time and care. With thorough preparation, targeted marketing and careful selection of prospective tenants, landlords can increase the likelihood of finding reliable and respectful tenants.





About the author: Sven Schwarzat is Managing Director of Schwarzat Capital GmbH, based in Lützen. With this GmbH, he holds numerous properties in his portfolio, carries out construction projects and rents out his apartments. His main focus is in and around Leipzig and Magdeburg. He is a good advisor for everyone. His expertise and experience make him a reliable advisor for real estate-specific questions, not only for Leipzig and Magdeburg.

Schwarzat Capital GmbH
Ernst-Thälmann-Straße 18
06686 Lützen
Germany

http://www.schwarzat-capital.de

Schwarzat Capital GmbH was founded in 2019 and is based in Lützen. It holds real estate in Central Germany, in particular Leipzig and Magdeburg. It was founded by Sven Schwarzat and continues to be managed by him.

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