When you’re a landlord, managing your own property or properties is a way to keep your costs low, and it allows you to turn a larger profit from your rental. However, over time you may start considering the option of hiring a property manager to take over for you – whether it’s due to time constraints, a desire to focus on other projects, or simply a feeling that you’ve taken on too many investment properties to do it all on your own. Regardless of the reasoning, you should think through your decision carefully, and part of doing that is understanding what a property manager offers you.
When setting up your online rental application as a property manager or landlord in California, it is important that you familiarize yourself with the requirements. Certainly, there is information that you need your tenants to supply before you’ll consider their applications–but are there also questions that, by law, you have to ask? Typical Rental Application [...]
What kind of questions should you ask on the application? What questions are you not permitted to ask? While it varies for every state, the state of Florida has a few specific rules to follow when preparing a rental application.
There are various times throughout the course of a lease that you should conduct a fairly thorough inspection of your rental property. The goal is to ensure that everything is in working order, identify things that you need to repair, and to generally see that the property is being well cared for.
Check out how RentApp has helped Nick Wyma of Wyma Properties improve his property management business!
The rental application process can be long and frustrating for both the property manager and the applicant. A large amount of paperwork must be filled out, hours must be spent checking references, employment records and credit histories, and money must be spent to maintain all the programs that are needed to complete the process.
In any business, time is money. Therefore, why are you forcing potential tenants to spend more time than they have to filling out a rental application? The use of a rental application pdf is not the same thing as using a purely online system of processing rental applications. Here are some reasons why you need to go with a completely online application system.
As a new landlord, you may not realize the importance of getting a background check on a prospective tenant. A rental property is an investment that can pay your mortgage if you rent it to a desirable and responsible person. Using tenant screening services is a reliable way to find someone who respects your property and pays the rent on time. Even if you think that you are a good judge of character based on first impressions, you can benefit from the expertise of professionals to help you make a good decision.
These days, it is rare to complete applications by paper. If you are are a property manager, it may be a good idea to switch to a paperless application procedure. This would allow tenants to fill out forms electronically, submit them electronically and hear back about the application without having to use a single sheet of paper. Here are 4 reasons why it may be a good idea to go paperless.
Rental applications can be somewhat of a hassle to deal with sometimes, especially if you are new to the rental market. California house rental applications can be even tougher when you consider that California has a list of specific rental application rules that are unique to their state only, mainly certain questions you can and [...]