Being a landlord for over 13 years has given me a wealth of experience and some unforgettable stories. One of the biggest challenges landlords face is finding the right tenant, which often leads to the question: is it better to rent to males or females?
The Importance of Thorough Tenant Screening
Regardless of gender, thorough tenant screening is crucial. It’s relatively easy to get tenants into your property, but quite difficult to evict them if things go south. Back in 2010, I received a notice from a tenant who was moving back East after two and a half years. He had been an almost ideal tenant—quiet, punctual with rent most of the time, and low-maintenance.
What I Look for in Tenants
Over the years, I’ve refined my tenant screening process. Here’s what I consider essential:
– Excellent credit (680 or higher)
– Stability (demonstrated through a steady job and good prior landlord references)
– Financial security (enough savings to cover at least 18 months of rent)
– Reasonable demeanor (no signs of being problematic or difficult to deal with)
Gender Considerations in Renting
When it comes down to choosing between male and female tenants, here are a few considerations:
1. Dependability: This tends to be similar between genders, though in my experience, women have shown a slight edge in reliability.
2. Maintenance and Complaints: Men often pride themselves on handling minor repairs themselves, whereas women may request more assistance for small issues.
3. Wear and Tear: Men might host more large parties, leading to potential property damage. Women, on the other hand, tend to cause less wear and tear, likely due to less frequent large gatherings.
Conclusion: Males or Females as Tenants?
Ultimately, there’s no definitive answer to whether males or females make better tenants. Both come with their sets of challenges and benefits. The key is to evaluate each applicant based on their individual merits rather than their gender. Conducting thorough background checks, calling references, and assessing financial stability are critical steps in selecting the right tenant.
Remember, it’s illegal to discriminate based on gender, but these observations can guide landlords in what to possibly expect and prepare for with male versus female tenants. Always follow a rigorous screening process to ensure you select tenants who are most likely to respect your property and fulfill their lease obligations responsibly.
