Posts Tagged landlords

Finding Great Tenants — How To Do It: 2

Tuesday, January 26th, 2010

tenants1Now that we have talked a little bit about what you should be doing with your tenants and how you should be meeting them face-to-face whenever possible, let’s move onto the rental application.  This is a piece of paper similar to a resume for the prospective renter and I can promise that if you evaluate it right, you are going to find the ideal tenant.

One of the first things that you need to do once you get the application is call of the past landlords that the tenant has had.  That way, you can make sure that the tenant has a good rental history, as that is what is going to be key whenever you are trying to get someone to rent something that belongs to you.

You always want to make sure that they are going to take care of it and you want to ensure that they are going to respect it.  Next, check their credit – do they pay their bills on time?  These are key things here.

Finding Great Tenants — How To Do It: 1

Sunday, January 24th, 2010

tenantIf you are a brand new landlord, I can promise that you are going to have not only a lot of questions but you truly lack the experience that a lot of other landlords might have, therefore you might not know what a good tenant looks like versus a bad one.  Well, that is what we are here for and I can promise that there are a lot of different tenants out there for you to choose from.

Firstly, you always want to make sure that you meet the tenants in person.  You never want to rent to someone that you have not met or at the very least talked to do an extended period of time on the phone.  It is hard to find people to just come in and look at your space, but truly, you want to try to get as many people in as possible to see the place that you are trying to rent.

In the next blog, we will talk about how you can evaluate your rental applications and what the process is to truly find the right tenants for you!

What to Do about Apartment Repairs: 2

Wednesday, November 25th, 2009

landlord 2As a tenant, you need to protect yourself. One of the first things to do is familiarize yourself with rental laws in your particular area; be informed about what your rights are as a tenant, what your landlord is responsible for, and your landlord’s rights as well.

While this is often easier said than done, you do not have to be intimidated by your landlord. In essence, he or she is your employee — you pay them. If you are not breaking the clauses in the lease or abusing the property, if you are holding up your end of the agreement between the two of you.

Take pictures of everything wrong with the space when you move in. Check the heat, check the water pressure, check the water temperatures, and keep a written account of every time you talk to your landlord about these things. Always try to talk with a witness present. If you feel your needs are not being met, do not be afraid to call your local codes inspector to have someone come out and take a look.

What to Do about Apartment Repairs: 1

Sunday, November 22nd, 2009

landlord 1When you first move into a new apartment or rental home, you have a lot of work ahead of you. Moving in your own things is, of course, one of the most important, but you also have to make note of any repairs the real estate agent or landlord alerted you to when you signed the lease, and you have to begin noting anything else that might be wrong.

Now, I will be completely honest with you. Depending on your personality, it can feel kind of awkward to tell your landlord about things that may not be working — and depending on what kind of landlord you have, the whole process can be either easy or difficult.

Say you are renting an apartment in an actual home, for instance. If you have a problem with hot water or water pressure, your landlord may say hey, sorry, it would be too costly to fix this, you’ll just have to make do.

What do you do in that case? Any tips or suggestions?

Clean Up Your Home Before Leaving: 1

Friday, November 20th, 2009

spring-cleaning-main_fullWe all move.  Whether you are moving to a brand new house or you are moving into a new apartment, you want to make sure that you leave your old apartment in good shape.  Currently, I am going through a move myself and while I am not exactly moved out yet, I intend to leave the property the way I found it.

That does include some things that you may not want to be doing.  For example, cleaning out everything and making sure that the walls are painted.  This is something that many people forget about, however you always want to make sure that you do not burn any bridges when you move.

In the next blog, we will talk about exactly what you should be cleaning out and what you can leave.

How to Find the Perfect Tenant: 2

Tuesday, October 27th, 2009

tenant-2When you are showing prospective tenants around the property, make sure you do a good showing so they will really like what they see. Plus, showing them around will provide an opportunity to get to know them — trust me, they are well aware that they are leaving a first impression.

If you see tenants who are polite and respectful, who wipes off their shoes, and ask relevant questions, it says a lot about their character. The opposite is true too — rude, nitpicking tenants may not be right for you.

You also need to be sure that your application covers all the details it needs to.

You can use many things to further screen potential tenants, from credit checks to professional references to personal ones — and you should definitely take advantage of these areas.

How to Find the Perfect Tenant: 1

Sunday, October 25th, 2009

tenant-1When you are renting a home, an apartment, a duplex, et cetera, you want to find the right tenants. You want someone trustworthy, someone with whom you ideally have a good rapport, someone who will pay the rent on time, and so on.

It can be hard to find a tenant that is a perfect fit for your property and, to an extent, for you — but there are several things you can do to be discerning when you are choosing a tenant.

For one thing, you should feel perfectly without your rights to create a list of questions that are important to you.

The questions should be relevant to your property and your needs. It can involve the existence of pets, whether the tenants smoke, even why the tenants are moving.