Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • 3 Reasons To Buy A Townhouse Vs. A House

    If you are looking into buying a home of your own, you might have looked at a lot of single-family residences. Even though you might not have looked at any townhouses, this is an option that you might want to consider. These are a few of the many benefits of living in a townhouse. 1. Have a Pretty Yard Without All the Work Are you someone who loves the look of attractive landscaping but who just does not have the time or inclination to spend on yardwork?

  • Benefits of Hiring a Real-Estate Agent Who Guarantees to Sell Your Home or Buy It

    When you're researching different local real-estate agents in advance of wanting to sell your home, you'll often encounter agents who guarantee that they'll be able to sell your home in a certain length of timeā€”or else they'll buy it themselves. This promotion is common among agents and can be beneficial to the seller for a number of reasons. While it's still a good idea to meet with a few agents to find the right fit for you, see whether you can find an agent who offers this guarantee too.

  • 3 Things That A Commercial Property Manager Can Do For You

    There are so many great benefits that come along with hiring a commercial property manager. This article will discuss 3 things that a commercial property manager can do for you.  They Have Resources To Easily Screen Potential Tenants One of the most important parts of choosing tenants for a property is to have them screened. It is important to make sure that they don't have any red flags in their background that would make them a poor or even dangerous choice for tenants.

  • 3 Things The Novice Residential Development Investor Should Remember

    Real estate investing is an excellent way to build wealth. However, there is a right and wrong way to go about the process if you want to be successful. As a novice investor; here are just some of the things you want to keep in the forefront of your mind. Create A Plan Think of real estate investing in the same vein that you would opening a business. You wouldn't open a business without a plan, so don't head into an investment without a plan either.

  • Tips to Consider Before You Make a Final Decision About Buying a House

    Buying a new house can be an exciting experience, but it can also be a time of high stress. You may worry about whether or not you make all the right choices. Many people that do not take their time to consider some aspects of home buying end up regretting many of the choices they made during their purchase. Follow these tips for ensuring the home you buy is one you will not regret buying after you move and get settled in.

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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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