Proposed renter background checks wouldn’t include BYU students
Renter background checks is a smart move for any landlord or property manager. KSL.COM just published an article showing that Provo City is considering background checks for all citizens except for BYU students. Apparently the assumption is that college students are less likely to commit crimes because they follow the college’s code of conduct. As […]
Difficult times for landlords and tenants
The bad economy is causing difficulties for landlords and tenants. Landlords are having a hard time collecting rent and evictions are on the rise. Tenants wages are not keeping up with the cost of living. Recently in Yonkers, tenants and landlords met with the Westchester County Rent Guidelines Committee ti discuss the issue. Sounding much […]
Check your potential tenants criminal record
Make sure you check out your potential tenant’s criminal history before you offer them the apartment or your home. An instant criminal database search is a fast way to protect yourself and other tenants by finding out your renter’s criminal history. You can go further and conduct hand pulled criminal record searches in the county courthouses […]
Renting out your home
Chicago Sun times discusses the pros and cons of renting out your old home while you wait for it to sell. In this tough selling environment, renting your home can be a good source of income to cover the mortage. However, becoming a landlord can be a time consuming task if you haven’t done it […]
Tips for New Landlords
Everything about landlord has a great tip list for prospective landlords. As with any new business decision, it’s important to conduct your own feasibility study and prepare a business plan. The emphasis here is on research and analysis. While you may be passionate about becoming a new landlord, it’s important to conduct your research and then examine the facts with discerning mind, […]
Background Check your Potential Roommate
The Wall Street journal had a great article about checking out your potential roomates. They say that “twentysomethings are often too trusting of people they meet through, say, craigslist.org or apartment-finder Web sites” This can lead to big problems if you move in and your new roommate refuses or cannot pay their share of the […]
Tenants: Read your lease before you sign
A new article in Fox 16 Arkansas provides some tips for renters in dealing with disputs with landlords in the state of Arkansas. Many states have laws that offer extra protection for the tenant when it comes to relationships with landlords. But in Arkansas, renters have to look out for themselves. So what rights do […]
Dealing with tenants who damage and destroy property
The Albert Lea Tribune has a three part series about landlord and tenant rights, especially with regard to problem tenants. Albert Lea landlords and property owners are having a problem with tenants or leave trash or destory property when they leave or are evicted. Local landlord Lanier Pratt, who with his business partner owns about […]
Tips for Reluctant Landlords: Check the background of all Applicants
Reluctant to sell your home or residential real estate property? Consider becoming a landlord and renting it out. First time landlords need alot of help. One of the best ways to prevent future problems with tenants is to conduct a background check on all prospective tenants or applicants. Landlords should run a credit check to […]
SOMA landlords charged with terrorizing tenants
Stunning allegations emerge in lawsuit filed against landlords who allegedly waged a campaign of terror against tenant in order to force them to leave. Landlords bought the building and tried to get the former tenant to leave after they succesfully fought the evictions. When one of the tenants, Scott Morrow, successfully fought eviction, the couple […]
