Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • Photographs That Speak A Thousand Words

    It is ideal for someone to tour your property in person and for each room of the home to speak for itself, but this is not always possible. Many people will want to know right away what type of residence they will be viewing. Real estate photography can help you land a sale, and you are much more likely to avoid disappointing a potential buyer if they are certain of the layout of your home and the features that it offers.

  • Stay Aware Of Additional Expenses When Buying A Waterfront Condo

    Purchasing a condo on the water can be a great decision when you've been eager to have a better view from your home and don't want the typical work associated with a single-family home. If a condo is your best fit, you still need to look into what you can expect for all the expenses this kind of housing can come with. By knowing what to expect with a waterfront condo, you'll feel a lot better about your decision of what condo to make an offer on.

  • Looking At Luxury Apartments? 3 Service Professionals To Look For

    Luxury living is all about taking routine elements of everyday life and making them simpler and more enjoyable. However, choosing a luxury property can be tricky when you don't know what to look for. Here are three service professionals you should ask about when you search for a luxury apartment and how they can help.  1. Doorman If you've ever checked out a movie where someone lived in a luxurious skyrise, you may have seen them greet the doorman on their way into the building.

  • The Best Ways To Sell Real Estate And Reduce Time Property Is Listed

    When you have a property that you want to sell quickly, it is important that you have the right tools and knowledge. You want to do things to help sell the property quickly, such as hiring an experienced real estate agent and investing in the right improvements. The following best practices to sell real estate and reduce listing times will help you get your property off the market quickly. Start with Curb Appeal—A good first impression of your property can help it sell quickly.

  • Tips To Help Landlords Control And Reduce Late Payments From Tenants

    The money you receive from your tenants for their rental payments is the money your business has to operate on, and this is why it is vital for you to do all you can to make sure you receive rental income on time every month from every tenant. The problem is, how do you do this? Here are some tips that may help you learn better techniques to control and reduce late payments from the people you rent to.

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    About Me
    Basics of Property Management: Screening Potential Tenants

    For the last several years, I've used a property management firm to help with my rental properties. One of the tasks that they handle for me is screening applicants who would like to move into one of my vacant units. Their expertise has helped me lower my tenant turnover and find people who want to stay with me for years. Part of the process is a tenant screening credit check. Before any further contact takes place, my manager orders credit reports from at least two agencies. That is enough to tell us if an applicant is a good financial risk. Assuming the references work out, I meet the candidate and make the final decision. If you own rental properties, let me tell you more about the benefits of having a property manager. I'm betting you'll find this type of arrangement will work for you too.

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