Basics of Property Management: Screening Potential Tenants

Basics of Property Management: Screening Potential Tenants

Tips to Consider Before You Make a Final Decision About Buying a House

Jesse Obrien

Buying a new house can be an exciting experience, but it can also be a time of high stress. You may worry about whether or not you make all the right choices. Many people that do not take their time to consider some aspects of home buying end up regretting many of the choices they made during their purchase. Follow these tips for ensuring the home you buy is one you will not regret buying after you move and get settled in.

Determine the Square Footage You Will Need to Be Comfortable

You may look at several homes before you find one that steals your heart, but, when one does, be sure it is large enough to comfortably accommodate you and your family for years to come. If you move into a house you loved because of its decorative charm and it ends up being too cramped, you will not be happy later on while trying to find room for storage or for placing certain pieces of furniture. If you plan to grow your family, you should make sure to buy a house with more bedrooms than you need at the moment. Families with children should buy a house that has plenty of storage space, like a roomy attic. When considering space in your new house, remember to look at the kitchen counters and cabinets to make sure there will be enough room for your dishes, appliances, and food preparation.

Check Out the Neighbors

Moving into a new house and learning your neighbors are not suitable is never a good feeling. Talking to more than one neighbor can help you get an idea about ones that are loud or have issues with animals or kids. Keep in mind when you live next door to someone, especially if you have pets or kids, you want to make sure that neighbor is agreeable and will not give you trouble later on. Living in a house with bad neighbors can be stressful and have a huge negative impact on your enjoyment of your new home.

Have the House Professionally Inspected

When you close the deal on your new house, you will need to make sure there are no repairs that need to be made first. For example, if your new house could use a new roof, be sure to discuss with the seller about having it put on before you close the deal. In this way, you do not have to deal with getting it done and the cost will be in the purchase price of the home. Having your house inspected by a professional can be helpful to learn about problems that are not visible to the untrained eye, giving you the opportunity to take the issues to the closing table before you clinch the deal.

Enjoying your new house is important and can make a huge difference in how long you live there. When you end up being unhappy in a new house, you may make costly mistakes trying to hurriedly get back out and into another house. Always stop and take the time to make the best decisions about the purchase of your new house.


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About Me
Basics of Property Management: Screening Potential Tenants

For the last several years, I've used a property management firm to help with my rental properties. One of the tasks that they handle for me is screening applicants who would like to move into one of my vacant units. Their expertise has helped me lower my tenant turnover and find people who want to stay with me for years. Part of the process is a tenant screening credit check. Before any further contact takes place, my manager orders credit reports from at least two agencies. That is enough to tell us if an applicant is a good financial risk. Assuming the references work out, I meet the candidate and make the final decision. If you own rental properties, let me tell you more about the benefits of having a property manager. I'm betting you'll find this type of arrangement will work for you too.

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