Basics of Property Management: Screening Potential Tenants
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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.
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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.
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.