Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • 3 Ways Commercial Real Estate Is Different From Residential Real Estate

    Comparing commercial real estate to residential real estate is like comparing apples to oranges. They are both fruit, but that's where the similarities end. Buying commercial realty requires working with a real estate agent with a completely different license and skill set. Here are three more key ways the real estate types are different. Valuation Residential real estate is all about location, location, location. Commercial real estate, however, plays by a different set of rules.

  • Keys To Using Real Estate Listings As A Seller

    If you're looking to sell your home, you need to market it as best you can so that buyers become aware of it being up for sale. One tactic that helps with this is using real estate listings. As long as you use them in the following ways, selling real estate will be much simpler.  Focus on High-Quality SEO You may include a compelling description and high-quality pictures on your home's listing, but you still need to make sure this listing is easy to find when buyers search for homes for sale in a particular area.

  • What You Should Know About Having Your Commercial Property Appraised

    You may own a commercial property and have been considering selling it for a while. Depending on how many years you owned the property it will have gone up in value and you might not be sure how much you should sell it for. It's also possible you would like to know the property's value for insurance purposes. Either way, it's a good idea to hire a commercial real estate appraiser to ensure you know your property's estimated value on the real estate market.

  • Tips For Selecting The Right Apartment

    When you are looking to rent a new apartment, there are a lot of different variables to consider. From the apartment price to its size and number of bedrooms, there are many details you will need to evaluate to make sure it will serve as quality housing for your current needs. Here are some tips to help you as you search for the right apartment to rent. Check the Parking Situation

  • Recommendations For A Better Home Buying Experience

    The purchase of a home is a large undertaking, an important purchase, and one that you want to make the best decisions as you go through the process. Be sure you get the best loan possible and plan for homeownership costs with a solid savings plan. The following provides you some recommendations for a better experience in the real estate market with your home purchase. Look Into a Mortgage A big part of your home purchase is the actual mortgage loan to complete your purchase and the real estate title closing.

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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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