Are you a new landlord? Managing a rental property can be a great investment strategy, but there are some things you should know about the rental business before you jump in. In this post, we’ll cover some tips that every new landlord should know.
Establish a Screening Process
First things first: You need to ensure your rental units are occupied by reliable tenants. A screening process with a credit screening and background check can weed out individuals who might not be the most stable renters. (more…)