Many times potential renters will come into our office to inquire about a listing, only to find that someone else has taken the spot, or there are so many applicants already that it would be pointless to pursue the property any longer. At this point, customers explain that they are brand new to the area, or to renting in general, and have no idea where to go next. For anyone stuck in the same position, try the following tips: -Search websites that any member of the public can post classifieds to, as property managers and owners, and people selling contracts will often post their..
Everyone knows how important insurance is, especially if you don’t have the right kind of insurance. Here are some types of insurance that every landlord should consider. (Vision Real Estate is not an insurance company and these are only recommendations. Please speak with a licensed insurance agent for what is right for you and your properties) Flood Insurance: Some people assume that water damage is covered under your home owners policy. Unfortunately, most home owner policies cover water damage caused by “internal” plumbing. Meaning, if the flood is caused by outside the foundation walls it is not covered. Broken sprinkler line, nope. Excessive..
By Paul Smith: Digested from the Utah Apartment Association Recently a member called us about doing income and employment verifications. He was wondering if it was appropriate to ask for checks stubs. He was concerned about violating fair housing or getting into legal jeopardy. His questions about best practice and liability prompted us to write this article to answer the question for all 6,000 readers of the Landlord Times. Poor or unemployed people are not a protected class So it is perfectly legal to discriminate against them! When you say it like that it sounds mean. But it isn’t. It would be a poor..
Which Home would you choose? Imagine driving up to a property and finding broken windows, and dead grass. The flowerbeds have been taken over by weeds and the bush in the yard looks like something out of a horror movie. What do you think? Would you want to live there, or have your children, friends or family there? Would you want to visit someone at night there? The outside of any property can make or break a deal. What kind of tenant are you trying to attract? Do you want a tenant that will care for your property, and will hold it..