The question is redundant, you cannot control another person, so you cannot ‘know’ that they will pay the rent. The best you can do is get a professional agent so that all of you documents are in order right from the start and when they do stop paying do this one thing.
The truth of the matter is that you rarely have problems, Arlene my wife has her business Ezytrac Property Management (https://www.ezytrac.co.uk) that manages over 1250 properties UK wide and across the portfolio things go wrong all the time but as a percentage of the total is less that 3% have any problems whatsoever, and the real problems are less than 1%. Of course, when they do go wrong it’s painful, and that’s why you need to know this one thing.
Gladfish Property Investment is a property investment platform and specialist consultancy in property opportunities. #ThinkGladfish
Brett Alegre-Wood is an Entrepreneur, speaker and author of over 20 books. @brettalegrewood
Their website is https://www.gladfish.com or call +442079236100
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