real estate investing

Monday, August 01, 2005

The Most Important Thing To Learn Is How To Screen And Qualify Your Tenants

You may be tempted to just take any renter that comes along without any background check because they "seem nice enough."
NEVER, EVER, EVER, MAKE THIS MISTAKE!
People are not always what they seem. It is better to have a vacancy than a bad tenant.
Let me say it again... It is better to have a vacancy than a bad tenant.
The first step is to tell all prospective tenants that call you: "Thanks for calling. That home is an excellent one, and it is still available. I'd be happy to show it to you. First though, I should tell you that we require a $35 non-refundable application fee and that all references and past landlords are checked, in addition to a credit report. Prior to move in we require the first month's rent, a security deposit of $XX, and ... more...

www.veryoldbird.com/realestateinvesting
Originally Posted on 8/2/2005 12:01:19 AMContent source: http://real-estate-investing.blogharbor.com/blog/_archives/2005/4/13/577918.html

8 Comments:

Post a Comment

<< Home