Monday, January 2, 2012
Managing Rental Property
Advertise vacant property for rent
Show available property for rent and interview prospective tenants.
Screen candidates for your rental property by requiring written applications with credit and employment references.
Evaluate prospective tenants by investigating their backgrounds, credit histories, personal references and employment histories.
Obtain liability, fire, theft and other insurance on rental property
Arrange for regular maintenance and necessary repairs of the property.
Assure that tenants comply with rental policies and procedures.
Supervise repairs and maintenance work.
Conduct inspections of the property on a periodic basis.
Establish and maintain an organized system of collecting rental payments and security deposits.
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