Frank Roessler discusses helpful tips for landlords in this in-depth presentational blog. For more information, please visit FrankRoessler.com! Thank you!
2. INTRODUCTION
Being a landlord means that there are responsibilities geared
to making the rental home a safe and suitable place to live
for the tenant. In order to maintain a professional and even
friendly relationship with tenants, there are a few tips that
landlords can keep in mind before and after renting to
someone.
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3. SCREENING
Tenants should be screened before they are allowed to move
into the home. The screening process can be determined by
the landlord but could include a background check as well as
checking references for past rentals. A printed application is
beneficial in order to obtain the information that is needed.
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4. FRANKROESSLER.COM
WRITTEN AGREEMENTS
After selecting a tenant, all of the details about renting the home should be in writing.
These details would be in the form of a lease or an agreement that is signed by both
parties. The period of time that the tenant will live in the home should be included as
well as the what the tenant is responsible for and what the landlord is responsible for
regarding the maintenance of the property. The amount of rent and information about
late fees and the eviction process should be including in the agreement as well.
5. COLLECTING
MONEY
The tenant should be clearly informed of when and how
monthly rent will be collected and how much deposits will
be, such as a security deposit or a pet fee. The landlord should
also inform the tenant about what needs to be done while
living in the home to get the deposits back once the lease
expires or the tenant vacates the property. Receipts should be
given to the tenant and should be kept by the landlord to
prevent any questions that might arise in the future over
whether the rent was paid or not.