Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • 4 Questions To Ask Before Signing The Lease On Your First Apartment

    When you are about to rent an apartment for the first time, you may not know what questions to ask in order to make smart decisions. Here are some questions to ask before you sign a lease on any property. Will my Things Fit in Here? If this is your first apartment, you may not have that much furniture, but you may have key pieces that need to be moved in, such as your bed.

  • Resolving Residential Real Estate Non-Disclosure Problems

    If you recently purchased a home that has a major defect that was not disclosed to you by the home's sellers, then it is vital that you understand your legal rights and how to resolve the issue to your satisfaction. Residential Real Estate Mandatory Disclosures All sellers of residential real estate in the United States are required by law to disclose any known major defects of the property. Commonly disclosed issues include

  • Differences Between Assisted And Independent Living

    Are you an empty-nester who is currently thinking of downsizing to a smaller, more cozy home? Are you looking at your options and trying to figure out what best suits your preferences? Are you wondering about the differences between independent and assisted living? These questions and answers will give you the information you need to make the right choice for your lifestyle:  Medical care: Independent living is for seniors that require little day-to-day professional medical attention.

  • What You Should Know Before Buying Your First Home

    Buying your first home can be invigorating, but it can also be confusing and stressful. Too many people fall in love with the first house they look at and they do not realize that the building has problems until after they buy it. To prevent this from happening to you, it is best to know how to know if the potential home has issues. Know the Average Price The first aspect to consider is the average price of the homes in the neighborhoods you are considering.

  • Great Advice When Buying Your First Home

    One of the most important decisions in your life is buying your first home. In order to make this process go according to plan, you can take these steps. Review Your Finances The first thing you should do when buying a home for the first time is to review your finances. This is important because it helps you determine how much you will be able to afford, whether you are buying a new home or one that's used.

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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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