Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • 3 Easy Ways To Update Your Rental To Attract Higher-Qualified Tenants

    Are you looking for easy ways to spruce up your rental apartment so it appeals to higher-qualified tenants? If so, consider making these three inexpensive improvements to your rental while it's still vacant between tenants.   1. Replace Tired Floor Tiles Aging floor tiles will make an entire kitchen or bathroom look dingy. If you really want to attract the right tenant who will maintain high standards in the upkeep of your rental apartment, replace those tired, old floor tiles with new ones.

  • 3 Things To Consider Before Applying For A Cash Out Refinance To Pay Off Debt

    If you've lived in your home for at least five years, you may have some equity built up in it that you could access for paying off the credit card debt you have. Before you do this, there are several things you will need to consider, and here are three of the most important considerations to look into. How much equity do you have? You can refinance your home and take out cash from the equity, but you may only have access to part of this equity.

  • 3 Home Staging Secrets The Pros Use

    Staging a home correctly can yield faster and more profitable sales. Knowing how to do it like the real estate pros can be a powerful tool for selling your home even more quickly. Here are three home staging secrets the pros commonly use. 1. Highlight the character with curb appeal. Whatever character the house naturally has, play it up on the outside. This will hint to the buyer from first glance what they can expect to see once they enter the house.

  • Knowing The Right Time To Purchase A Home

    If your lease is finally up and you are starting to consider purchasing a house, you may be very eager to do it quickly. Buying a house is a big decision, and it is not something you should rush into doing. Keep the following things in mind before you make any decisions. Consider Your Personal Finance Situation Before you go to your first open house, you should take a close look what your personal finance situation is like.

  • Are Bio-metric Safes Right For You?

    Whether at home or in the office, you come to the point where you realize that your valuables need to be protected in the case of fire, natural disaster, or attempted theft and burglary. While you have put off the inevitable in the past, you have finally come to the conclusion that you need to invest in a safe to house these valuables. As you begin to explore your options, you learn about the possibility of what is known as a bio-metric or fingerprint safe.

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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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