Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • Considerations For All First-Time Home Buyers

    Purchasing your first home should be a fun, memorable experience. However, if you aren't prepared to house shop, you might find yourself faced with so many decisions that the entire process becomes overwhelming. Many people already have some sort of idea as to what they are looking for in a home before they contact a real estate agent, but they haven't taken the time to realistically consider their needs. Take these things into consideration before you start looking for a house.

  • Looking At Apartments In A Cold Climate? 3 Tips For Staying Warm Without Going Broke

    Apartment living is typically stress-free because you do not have to worry about maintenance and repairs. But, trying to find a place to live in a cold climate means you must find yourself sufficient heating. In areas that reach well below freezing throughout much of winter, heating can get expensive. As a person trying to find an affordable apartment, this can lead to some financial complications. So, you should do everything you can to find a rental that will allow you to stay comfortable without going broke.

  • 4 Reasons To Hire A Real Estate Agent When Buying A Home

    Making the right home-buying decision can be a real challenge. There are many things you must consider, and you will likely have a budget you must adhere to, as well. One of the best ways to help you find the ideal place to live that will meet all your needs is by relying on a real estate agent to assist you. By knowing some of the reasons to hire this professional, you may be more motivated to do so.

  • 3 Features To Look For In A New House That Can Save You Money

    When looking at homes for sale, it is very important to consider house features that can save you money in order to offset your mortgage payments or simply to cut down on your overall monthly bills. Listed below are three house features to look for that can save you money should you choose to buy the house. Copper Roofing Tiles One of the main features that you should consider looking for when buying a new house is the material used on the roof.

  • The Reasons You Need Title Insurance Before Closing On Your New Home

    Buying a new home is one of the most exciting and stressful times you can experience, even more so if the home you are buying is your first one. However, making sure your purchase is covered with title insurance is extremely important. Imagine that you are ready to close the deal on your new home only to learn the seller didn't legally own the home, but only rented it. You stand to lose a great deal of money and your new house along with it.

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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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