The credit report tenant records are one of the most important things that you as a property owner must have. These documents and files are the ones that tell you whether or not an applicant is able to fulfill the role of being a tenant in your property.read more
When you have apartment vacancies, it is very common to hope that the perfect tenant will walk through your door. Often, in times of need, however, you will find that exactly the opposite person finds your listing and applies. In these tough economic times, you may be tempted to rent to the first person who applies, too, since he may turn out to be the only one.
That is a strategy for frustration. Let’s turn that situation upside-down. It would be preferable to do the following exercise before you need a new tenant.read more
When you and your tenants signed the rental agreement, listed on the agreement were all the tenants (i.e., roommates) who would be ultimately liable for payment of the rent and carrying out the obligations specified in the rental agreement. Over time, you may find that people other than the originally-listed tenants are living in the rental unit.
While most rental agreements run their course without any changes necessary, on occasion, you may find that your rental agreement needs updating. One situation where this becomes painfully obvious is when the people seemingly living in an apartment are clearly not the original tenants.read more
For the vast majority of move-outs, you will conduct your walk-through, determine what is necessary to bring your rental unit back to your standards for your next tenant, and assess any applicable charges against the exiting tenant’s security deposit. Most times, this process moves along without a hitch.
However, on occasion, a tenant will leave without notice, and you are left having to deal not only with finding another tenant to rent to, but also having to handle properly removing the personal property that was left behind.read more
The college rental market is unique, with special considerations and circumstances that you should contemplate before you enter it. This article will attempt to explain these special considerations and lay out a plan for maximizing your success in renting to college students.
First of all, consider the maturity level of your average college student. In many cases, they are fresh high school graduates, out on their own for the very first time in their lives. Further, most of them will not be gainfully employed (their class work is their job, but it won’t pay the rent), and they will have zero experience living independently. Additionally, they may have no credit history whatsoever and they may not have ever purchased, leased, or rented anything on their own.read more