Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • Do You Need A Realtor To Buy A House?

    Some people move every few years, but many people buy a house and live in it for many years. Therefore, buying a house is something many people only do on rare occasions. Regardless of how long you plan to live in a house, you need a realtor to help you buy one. A realtor helps in many ways, and here is a guide to help you learn why you need one.

  • What To Know About Negotiating On Your Home Sale

    One decision you make when selling your home is how much to ask for it. The asking price is the starting point for the negotiation process buyers use when settling a deal. However, it is not necessarily the amount you'll get when selling your house. After all, there are negotiations in most home sales. Here are some vital details to know about the negotiating you must do when selling your house.

  • Understanding Deed Restrictions During Home Purchases

    Once you buy a home, you may assume that you can use the home or do whatever you please with it. That assumption is generally true, but it is not true in deed-restricted communities. Below are some things you should know about deed-restricted communities. Meaning of Deed Restrictions A deed-restricted community prohibits property owners from taking certain actions. The restrictions mean you can only use your property in specific ways for specific actions.

  • ESG Consulting — Benefits For New Investors

    One of the more popular types of investing today involves ESG (Environmental, Social, and Governance). These investments are often viewed as more responsible because of the aforementioned factors they take into account. If you need help with this type of investing, be sure to hire an ESG consultant. They can help in several fundamental ways. Identify the Right Investment Opportunities  The ESG marketplace continues to grow, which means there are many things you can invest in today.

  • 5 Reason To Consider A Senior Living Apartment Complex

    Are you reaching the age where you are having problems living on your own, and you're not sure what your alternatives are? If so, know that a senior living apartment complex can be a great choice for you. Here are a few of the benefits that they can provide that you may not have thought of. They Are Cost-Effective  It's important to look at the total cost of a senior apartment when compared to what it costs to live in your current single-family home.

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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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