Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

  • Buying Your First Home? What To Consider

    As you get ready to buy your first home, you're jumping between two emotions: fear and excitement. It's exciting to buy a new house that you can move into and call your own, especially when you have been renting for so long or living with family. However, you may feel the daunting feeling of committing to this type of purchase, which is very likely going to be the most you've ever spent on anything.

  • Why Join a Vacation Club or Timeshare Program

    Are you looking to start treating yourself better? Maybe you want to get off of the hamster wheel at work and enjoy a vacation every once in a while? One possible solution in this scenario is to enroll yourself in a vacation club or timeshare program. Here's why buying in for Marriott Vacation Club points (or a similar program) might be the right choice for you at this time. A Vacation Club Forces You to Relax

  • Tips For Renting Out Residential Properties

    Rental properties can provide you with added income if you do things in a smart way. They can also be a big hassle if you are not prepared for being a landlord. Of course, you should look for homes that are ready to be moved into but do not overlook those that need a few cosmetic repairs if you are capable of doing the work yourself to save money. Before you start looking at residential properties for sale, you should consider the following tips to ensure you do not end up losing your investment

  • Selling Your Home? Make It Look Great With Modern Technology

    Today's homeowners have access to technology that can help them get a great price and sell their home quickly. Are you taking advantage of modern options that could boost your return? If you're not sure, consider these five popular, and potentially free, ways to integrate technology into helping potential buyers visualize your property. 1. Better Photos. The time when you could take a few quick snaps of your house's interior to appeal to customers is over.

  • The Top Reasons You Should Buy A Home Instead Of Renting

    For some people, it's more a question of if they can afford to buy a home instead of renting rather than if they want to or not. You might be one of those who has the option to either buy or rent your next home. There are good reasons that buying a home makes more sense in the long run. Here are the top reasons you should buy a home instead of renting.

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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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