Property Manager Screens Tenants With Her Crystal Ball

When it comes to finding a new tenant, it’s essential for landlords to carry out all kinds of checks if they want to find a good one – someone who looks after the property and doesn’t fall behind on the rent.

Rather than carrying out intensive credit checks and chasing up references, a number of landlords in New York have hit onto a more novel idea, according to the New York Times. They use a psychic property manager instead!

 

Joan Baker uses her psychic powers to screen prospective tenants. Courtesy of Garry Knight

Joan Baker is a property manager with a difference – she gazes into her crystal ball before deciding if anyone is worthy of lodging in one of her properties.

“It’s not just a feeling I have, it’s something else, like a physical reaction. I can see exactly what would happen if they were allowed to move in,” she explains.

Baruch Herzfeld is one property owner who is clearly impressed with Baker’s mystical talents. He said: “I don’t know if she’s psychic or just lucky or just knows how to read people, but I’ve never once had a problem with anyone she has chosen.”

Identifying someone who is going to be a good tenant has been a thorn in the side of landlords for centuries. While credit checks are easy enough to carry out, having a good score is no guarantee that the person in question will be a desirable tenant.

 

Finding good tenants is a headache for any landlord, but not if you're psychic! Courtesy of Living Residential

But what to do if you’re not psychic? Clearly we don’t all have Mrs Baker’s intuitive abilities, and as much as we think we can read people, we all make mistakes when judging a person’s character.

The answer is that credit checks aren’t the be all and end all of it. As Baker says, it’s necessary to screen prospective tenants well, by subjecting them to a thorough interview and checking with previous landlords.

One thing to bear in mind, says Baker, is that what with so many foreclosures around, having bad credit doesn’t mean someone won’t pay on time.

In fact, “Someone is more likely to pay on time to repay your faith in them when you give them a chance, despite their bad credit rating,” says Baker.

 

Mike Wheatley

Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at mike@realtybiznews.com.

Recent Posts

Sam Mizrahi: A Great City Needs a Dynamic, Graceful and Inspiring Center

As an admirer of architecture, Canadian developer Sam Mizrahi knows that the great cities of…

7 hours ago

8 Risk Factors to Consider Before Investing in Real Estate

It is said that with great risk comes great reward. All sorts of investments come…

14 hours ago

First National Realty Partners: Invest or Avoid?

Accredited investors have many different options to choose from once they decide to invest in…

17 hours ago

Google AdSense – How to Use It on Your Real Estate Blog

Your real estate blog is one of the greatest marketing tools you have at your…

2 days ago

A Look at Top St. Louis Agents

With tougher times ahead in the industry, here's a candid look at a few St.…

2 days ago

5 Tips for a Successful Home Renovation

If you’re in the process of planning a home renovation, you're likely feeling both excited…

2 days ago