LOCATING A GOOD TENANT

Use a home rental application collecting the required information to perform a complete tenant screening process. The fee for this service is typically charged to the tenant.
Engage the services of a reputable tenant screening company.
Order a complete report, including credit history and score, tenant history, employment verification, eviction search and nationwide criminal search. In most cases, the tenant pays the fee for this service.
Set your boundaries and policies before attempting to rent your property. Don’t be a charity for the many stories you are apt to hear. Rent to financially stable, good rental history, clean background persons. Do not make exceptions.
Make your expectations known clearly and up front before making an offer to rent. Do you allow pets, inside or outside smoking, date the rent is due and payable, late fees, tenant lease term, yard care, guests, payment of utilities. Each one of these items and others you may include must be provided in writing, signed and agreed to by all parties. No exceptions can be made to this very important policy.
Use a detailed form as a move in condition. This form is to note each and every defect the property has prior to moving in a tenant. You can go through the property with the tenants or allow them to fill out the form sending it to you within a set time limit. Take photos or a video of the property showing the defects along with the move in form. These items can be of great assistance if you end up in court. Save every piece of documentation.
If the renting process seems to overwhelming hire a property management company to compete the renting process for you. Inquire in your area, locating one best suiting your needs.

For additional information on this and other renting articles, please visit our web site at http://www.mrpmrentals.com/
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