By Trevor Rhodes
The definitive advisor for each landlord
Whether you simply have an additional room to hire or a turning out to be condominium empire, you continue to desire trustworthy details and professional suggestion to ensure you do it correct. Drawn from years of expertise aiding millions of landlords, American Landlord leads all people from the hot landlord to the previous professional via all of the bits and bobs of estate administration. Inside:
• purchasing and holding condo properties
• effectively advertisements your vacancies
• correctly and securely screening your applicants
• successfully facing complicated tenants
• realizing condominium varieties and agreements
Bonus CD-ROM Features: Ready-to-print condo functions, hire agreements, checklists plus landlord-tenant legislation for all 50 states, and masses extra!
Read or Download American Landlord: Everything U Need to Know about Property Management PDF
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Additional resources for American Landlord: Everything U Need to Know about Property Management
Most rental applications sold online or in office supply stores do not contain the necessary language required by law! So unless you intend on having all of your applicants each signing separate forms to cover your legal requirements, you must add a standard Acknowledgment and Authorization to your rental application to ensure you are compliant with both the credit reporting agencies and the Federal Trade Commission. My application already has some fine print on the bottom, isn’t this sufficient?
A driver’s license or passport) and a Social Security Card. And photocopies should immediately be made for your records. If you do not have convenient access to a copy machine, you should definitely copy down the identification numbers, names, addresses and date of birth, exactly as they appear on each individual ID card. Do not accept a photocopy of any identification made by the applicant! You should always ask to see the originals. Personal computers, high-tech scanners and printers have made it far too easy to be able to manipulate virtually any type of government-issued identification.
How to Avoid Spending a Fistful of Dollars! Rental Property Flyer 31 32 Chapter 3: Advertising Your Vacancy The next step after designing your flyer is to make copies and to decide where to optimally post them. Obviously, if you are near a college campus, that’s a perfect place to start. Bulletin boards are commonly found at the admissions office, dining hall, library and even residence halls, for those that plan on moving off campus next semester. In addition to campuses, you can also consider grocery stores, public libraries, community centers, churches and anywhere else that you can easily display it for the community to see.