American Landlord: Everything U Need to Know about Property Management

Trevor Rhodes

Language: English

Pages: 256

ISBN: 0071545174

Format: PDF / Kindle (mobi) / ePub


The Definitive Guide for Every Landlord Whether you just have an extra room to rent or a growing rental empire, you still need reliable information and expert advice to make sure you do it right. Drawn from years of experience helping thousands of landlords, American Landlord leads everyone from the new landlord to the old pro through all the ins and outs of property management.

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screening your tenants, visit AmerUSA, located online at www.AmerUSA.net to set up an account (or you can always call toll-free at 1-800-488-7730 if you have any questions). Established in 1999, AmerUSA is the leading provider of credit reports to small landlords throughout all fifty states. Thousands of professional and “everyday landlords” rely upon AmerUSA for their tenant and employee screening needs. There is no cost for setting up an account; it’s a “pay-as-you-go” service that can be

– upon request – a free copy of their credit report once a year. Well, there is only one place you can get a free copy of your own personal credit report without also being coaxed into signing up for some membership or subscription that will cost you a fortune over time… Get your free copy today by visiting the official website endorsed by the FTC: www.AnnualCreditReport.com – this is the only site that is operated by all three credit bureaus and where you can obtain your free copy without any

ability and willingness to satisfy the terms of your lease. When someone is willing to take the time to write a letter of recommendation, it speaks volumes over any verbal conversation. Sure, the opinions are still going Verifications and References 113 to be sugar-coated, but if you are insistent on accepting an applicant that needs references, the only legitimate course of action is to ask for a letter to be mailed or faxed, explaining why this person is a good candidate for tenancy. I’ll

balances, etc. Always remember to keep every bit of your applicant’s personal information strictly confidential, as if it were your own personal information at stake. The reality is that you are bound to encounter those that truly do need a second chance and are desperate to redeem themselves in the best manner possible. Some landlords have no tolerance for major mistakes – which is their prerogative; they can do what they want to do. But if you are the type of landlord kind enough to give that

improvement expertise, labor, etc.) – be careful! Money tends to spoil business relationships in a very short period of time (even those with friends and loved ones). Know what you are getting into and with whom you are getting into it. Simple agreements that spell out your relationship, responsibilities and contributions are always strongly recommended. If serious money is at stake, then a serious attorney should be consulted to seal the deal. 13 This page intentionally left blank Preparing

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