Landlord Services

Being a landlord requires that many services be performed on a regular basis. Among these duties is to locate a suitable tenant, fill out the required paperwork and process that paperwork to ensure the best tenant has been chosen. Landlords and Property Manager’s alike are also required to inspect and maintain each property and be responsible for its general maintenance and repair.
Landlords and Leasing Property Managers must have a complete set of state specific legal paperwork. From a detailed lease, rental application, tenant credit screening authorization, and any and all paperwork resulting from tenant screening or background checks, all to ensure every step of the renting process is legally covered for your protection whether it is a property owner or property manager. To be sure the leasing process is completed in a consistent manner; a written policy should be completed prior to beginning the renting process. Doing so will aid in a standard process being done but will also remove any doubts for a discrimination suit.

Every property must be maintained either by maintenance personal of the property management company or by the owners chosen maintenance personal. Keeping a property well maintained helps to rent the property faster and at a higher rent. When the time comes to sell the maintenance has already been completed and will command a price at the top of the market.
During the rental property maintenance process every property manager or landlord should be in the habit of doing an inspection. Check smoke detectors, flooring, appliances, yard care and exterior inspection for the tenants care, as well as, maintenance.  This habit will ensure the tenant will be held responsible for repairs and damages that may occur during tenancy and lower the continued damage to the property. Be sure to properly fill out, at the beginning of each new tenancy, a move in condition form detailing the condition of the property. Filled out in detail, this form will clarify the responsibility for each repair in the event any damage occurs.
For many property owners the job of being a property manager is an overwhelming task. If this is your case, don’t hesitate to contact local management companies and interview for your property manager.

For additional information on this and other renting articles please visit our website at www.mrpmrentals.com.

Mountain Ridge Property Management

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