Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • Three Locales Of Prime Real Estate For Investors

    If you have decided to become an investor in real estate, there are some prime locations where you should absolutely invest in the property. Some of these are common sense, while others may surprise you. The following three locales should get you started and help you think about what properties you want to invest in. Waterfront Property Waterfront property is pure real estate gold. Everybody with money wants access to the water for boating and yacht or sailboat storage.

  • Two Weird Things Buyers May Look For In Your Home

    Homebuyers often go to great lengths to find the house of their dreams and will sometimes turn their noses up at homes for nitpicky reasons, such as having an L-shaped kitchen layout or not enough south-facing windows. However, even these items may seem normal compared to some of the odd reasons people have chosen or bypassed houses. Here are two you may encounter in your quest to sell your home and how you should respond to them.

  • 4 Reasons You're Having A Hard Time Selling Your Home

    When it comes to selling your home, you most likely want to get it off the market quickly. This way, you can be sure that you can move on to your new home, which is especially important if you have life changes that are going to require you to move fairly quickly, such as being pregnant, moving for a job change, and more. If you are concerned that your home isn't selling quickly, here are four reasons that may be:

  • 3 Tips For Buying A Foreclosed Home

    You have a lot of different strategies that you can employ when looking for homes for sale. One of the best strategies you can look into is the purchase of a foreclosed home. Buying a foreclosed home allows you to get a home with plenty of value at a fraction of the cost, as long as you go about it in the most reasonable way possible. To make this happen, read on and take advantage of these points below.

  • Important Emergency-Related Questions to Ask a Property-Management Company You Are Thinking of Hiring

    If you are looking to hire a property-management company to take care of your investment properties, there are many questions you need to ask the management company. Some of these questions include how they attract tenants, what their tenant-screening process is like, and how much they charge. However, some of the questions you ask should also be geared toward emergencies that may pop up with your rental. You may not want to think about this, but it is nice to know what will happen in the event that something goes wrong.

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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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