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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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In what area of the United States did the price of existing homes increase most dramatically in 2005?
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| A |
Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005. |
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The Benton-Roberts Team
RE/MAX Real Estate Centre
2102 Fowler Ave.
Jonesboro, AR. 72401
Phone: 870-974-7380
Lisa Cell: 870-243-7222
Lonnie Cell: 870-919-0969
Fax: 870-933-9022
Email: LisaandLonnie@NUMBER1EXPERT.com
The Benton-Roberts Team serves Northeast Arkansas with a customer oriented "It's My Pleasure" attititude. Their Top Of The Line Service, Bottom Line Results philosphy makes them your best choice for a real estate team.
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