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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