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How to Screen Tenants Legally and Avoid Discrimination

As a property owner, you need to be diligent, practical and considerate in order to avoid tenant lawsuits. Although it might take some time, tenant screening services are really imperative to monitor any potential tenant prior to putting your house up for rent. However, sometimes tenants may claim that they face housing discrimination, so it is important to be cautious when analyzing a tenant credit check, background history and criminal record. What is discrimination? Merriam-Webster defines discrimination as “the practice of unfairly treating a person or group of people differently from other...

The Benefits of Maintaining a Rental Property

If you own an investment property, desire to keep a firm relationship with your tenants, and value your investment’s worth, you will need to plan for regularly scheduled property maintenance. Along with the usual rental background checks to find good tenants that will care for your property, you should also anticipate repair issues that will crop up and need to be dealt with. Here are some of the benefits of maintaining your rental property.

  • A Monthly Paycheck
  • The monthly paychecks you can receive for owning and maintaining a rental property is one of the few instances in which you...

    5 Key Tips for Renting to College Students

    5 Key Tips for Renting to College Students

    If you own a rental property in a small college town or a city home close to many universities, chances are, you may encounter students seeking off-campus housing. The college rental market is unique with its own set of advantages and special considerations, and requires a detailed plan for maximizing your success as a successful college student landlord. Here are some tips for renting your property to college students: 1) Extensive Screening Process: When it comes to leasing a property to a college student, background check for renters is indispensable. It will help you weed out unreliable tenants and...

    9 Policies You Need To Include In Your Rental Agreement

    9 Policies You Need To Include In Your Rental Agreement

    A rental agreement outlines all the rules and regulations to be followed by landlords and tenants during their rental relationship. A rental application is an immensely practical document detailed with significant details, such as the amount of rent, how many tenants can occupy the property, pet policy, and other crucial details that need to be followed by both the tenant and landlord. The document needs to be clear and meticulous, covering all the basic terms of tenancy, to avoid any disputes in the future. Here are some important points that need to be covered in the rental application. 1)...

    Top Ways to Attract Your Ideal Tenants

    Top Ways to Attract Your Ideal Tenants

    When you own a rental property and are facing a vacancy, getting a tenant into the home as quickly as possible is one of your top priorities. Yet, as any landlord knows, there’s a big difference between having just any tenant in your home and having a quality tenant. If you are facing a vacancy, here are some proven strategies you can use to attract the best possible tenant to your property. 1. Give the Home a Unique Selling Point When you are trying to find someone to rent your piece of real estate, you are, in effect, selling the property. While the buyer is not someone who will own the home,...

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