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Bright Red Flags Property Managers and Landlords Need to Wat

As landlords and property managers, we’re always looking out for our tenants and our properties. We try to make sure that everything is in order so not only we are happy, but so are our tenants. - http://www.rentecdirect.com/

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Bright Red Flags Property Managers and Landlords Need to Wat

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  1. Bright Red Flags Property Managers and Landlords Need to Watch Out For

  2. Insufficient income.

  3. Income that is only twice the amount of the monthly rent is barely enough, and the tenant may still end up struggling with his financial budget.

  4. Bad credit scores. Part of the tenant screening process involves providing us with a tenant’s credit score. ● As much as possible, we should only rent to tenants with fair or excellent credit scores.

  5. Security deposits should never be negotiated, as this is important to help keep us financially stable if ever a tenant violates his lease. Tenants who negotiate security deposit payments.

  6. At Rentec Direct, we have developed an online property management app that allows property managers and landlords access to tenant screening processes. We even have a free trial version of this app so you can give it a test run before purchasing your own!www.rentecdirect.com

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