# Entrepreneur of the Week: Giving Her Loves # Post 4

A few days ago I came across on Facebook, in one of the real estate groups, an ad from a girl who begged them to help her find an apartment for rent. That it does not make sense that the apartment owners are so heartless and unwilling to accept her and her spouse, a completely innocent couple, without checks.
This girl's name was familiar to me. It took me a while to figure out, but I finally remembered where the name came from. The girl used to live in a residential complex I work with. She rented an apartment there, could not meet the rent payments and when they decided to evict her - her partner poured water on all the appliances in the apartment.
Of course there was no way to charge her for the damages her partner caused.
On the other side of the coin, there is a personal case that happened to me where the tenants left an apartment I rented to them and just left debts everywhere. House committee, electricity company, property tax, etc.
After I found out about their debts and asked them to close them, they made every possible effort to close the debts quickly and literally chased after me until they finished paying the debts.
So how do you actually avoid a situation where you have to chase after the tenant and become the creators?
◆ First and foremost - interview your tenants. Give some credit to your gut feeling. Sometimes you will just know when you are taking an unwise step. This tip also applies to investments in general.
Ask the potential tenant where he works? How long has he been working there? Why is he leaving the previous apartment? How long has he lived in the previous apartment? You are allowed to be rude and also ask for the phone number of the landlord he is leaving.
◆ Make sure that your tenant is indeed who he says he is. Ask him to send you a photo of his ID.
◆ Ask the tenant for a bank account details. He will not give and neither would you give, but try to understand where his opposition comes from.
◆ Ask the tenant to provide third party guarantees (parents, friends, etc.) who will arrange for payment if necessary.
◆ Collect empty checks from the tenant by order of the electricity company, municipality, gas company, water and security check for damage to the apartment.
◆ There are a number of companies that insure rent. You do not have to insure the rent through them, but these companies are characterized by a good ability to assess the quality of the tenant and the potential risk that exists in it, and if the tenant is considered problematic, there is a high probability that he will not pass the sorting mechanism of those companies.
And finally, what made my tenants chase after me? very simple. I informed them (with a smile of course) that I have no problem with them settling their debts directly with the bodies where there is open debt, but in case I need to take care of it, my only option is to fill out their checks and deposit them all in the same month. Of course in the following weeks I received on a regular basis telephones in the style of "Here, I closed another debt, would you please send me a photo of the torn check?"