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Real Estate Tips
Investment Real Estate >Tenant Tips

When you buy an investment property, finding and keeping a tenant is very important. It's been said that a little caution during the screening process can save a lot of headaches later on.

You can rely on an intuitive sense of how a prospect feels to you. While this is an important aspect of a landlord's decision-making process, following up on your intuition by checking on the facts is definitely worthwhile. Have prospective tenants fill out an application giving employment references and the names and addresses of previous landlords. The application should also include written permission for you to run a credit check. In most areas, it is difficult and expensive to evict someone who turns out to be less than a model tenant. Only after you check their references and credit history should you allow them to move in.

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Real Estate Trivia
Q 
What is one of the most unusually shaped buildings in the world?

A 
The all-suite Arabian Tower hotel near Dubai is 1,052 feet tall, built on a man-made island and shaped like a boat sail.
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The Pam Maloney Team, REALTOR®, real estate agent and broker for Kokomo, Howard County and Tipton County Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

The Pam Maloney Team
RE/MAX Realty One

1801 S. Elizabeth St.
Kokomo, IN 46902
(765) 438-1132
Fax: (765) 454-7310
thepammaloneyteam@NUMBER1EXPERT.com


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