Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • 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.

  • Questions To Ask A Property Manager When Moving From Out Of State

    If you're moving from out of state, there are plenty of things you may have in mind when apartment hunting. When you have the opportunity to speak to a property manager before signing a lease, you'll have the time to ask plenty of questions. Instead of feeling misled with an apartment once you've moved in, you can ask the following questions to clear up any confusion about an apartment building or unit.

  • Too Busy To Manage? Hire A Property Manager For Your Rental Property

    After owning and managing a rental property for years, you may no longer want the responsibilities. Selling the place is an easy solution. But another option to consider is hiring a property management company. A manager can handle managerial duties, and tax preparation services can handle your taxes, including parts related to the rental. Learning about all the benefits of hiring a property manager can help you decide whether you want to go this route or sell the place after all.

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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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