Basics of Property Management: Screening Potential Tenants
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3 Ways To Store Your Boat For The Winter
Having a boat is a great way to enjoy the warm weather, get out on the water, and have family time or go fishing. Unfortunately, it also means finding somewhere to store your boat when it isn't in use. If you usually keep your boat at home on the side of your house, this might not be an option when winter hits, especially if you live in a cold climate. The following options are great ways to store your boat when you aren't going to be using it for at least a few months.
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Owning Rental Properties: 4 Benefits Of Using Property Management Companies
If you are interested in owning rental properties or if you currently own a few and need help managing time and resources, a property management company can provide a wealth of benefits. A property management's main goal is to oversee all operations of real estate. These responsibilities include tenant screening, maintenance and even litigation with problem tenants. Aside from these benefits, there are a variety of other advantages of hiring a property management company for your rentals.
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.