The Importance of Screening Residential Tenants
The examiner.com posted a recent article about the importance of background screening residential tenants. The article talks about the importance of running tenant credit reports, conducting reference verifications, and screening for criminal history. The author C arlos Cooper applies some common sense advice about evaluating the results of the background check report. For example, credit [...]
Sioux Falls offers course in Tenant Screening
More communities and beginning to educate homeowners on property management. According to the examiner.com, Sioux Falls Community education is offering several courses for home owners on various home improvement subjects.
The courses begin in September and cover various aspects of home owning including first time home buying, windows, woodworking, radiant heat panels, and property management including [...]
Take care of your tenants before it makes the news
WLKY.com reports a full story about tenants finding rats in their apartment, complete with photographs of rats and rats droppings. The tenants claim the problem started in January and they have been trying to resolve it with their landlords, but the problem is still ongoing. They claim the property manager didn’t take them seriously and [...]
South Peoria moves towards tenant screening
The city of Peoria is looking to instate of $25 annual fee for all landlords to “keep an up-to-date annual registration list. That includes names, addresses and phone numbers of all landlords.”
Currently Landlords are required to register one time, and the city council has the list and outdated. The purpose of the updated information appears [...]
Apartment Owner responds to complaints about tenants
the TimesDaily.com had an article from Sheffield, Alabama today about an apartment complex owner responding to complaints about his tenants alleged drug use, shots being fired and other incidents that occurred at his complex, the Colbert Square Apartments, over the past nine years. The owner was forced to appear before the city council to address the [...]
More landlord tips including tenant screening
Increasingly, property managers and landlords are including tenant screening as a sound business step in their overall property management business. In these tough economic times, their have been a lot of tips for landlords, and they all seem to include some form of tenant screening. The most recent is from National Association of Independent Landlords, which encourages [...]
Shooting at Property exposes flawed tenant screening practice
The Las-Cruces Sun News had an interesting article about a shooting death of a man at a trailer park, who was previously unknown to be a tenant there.
“We did a full background check,” she said. “He had just gotten out of prison. That’s probably why (his girlfriend) kept it under wraps, because otherwise we probably [...]
Angry Tenant Kills Four People in Seoul apartment building
It wasn’t a good day to be a tenant or a landlord in Seoul, Korea. A jobless man set fire to his apartment on the third floor of a five story studio apartment building. The blaze damaged the building, injured seven people people and killed four. The angry tenant apparently attacked fleeing tenants as they [...]
Tenant Reps role changing in tighter economy
Tenant Representation Brokers across the country are taking on more advisory roles in the face of a tigher economy. They are increasingly helping their client find deals on real estate and managing the expenses involved in searching for commercial leasing, as well as build out construction. Tenant Reps are helping with negotiating the lease of real estate with the building owners, and can help clients [...]
Require Your Tenants to get renters insurance
According to a survey by Allstate insurance, 60% of tenants nationwide do not have renter’s insurance. The cost of renter insurance is very cheap, usually $15 to $20 per month, and within the price range for most tenants who are not absolutely destitute. Some landlords are requiring their tenants to carry renter’s insurance because it protects the landlords cash flow. [...]
