5 HOT Money Saving Secrets on Tenant-Proofing Your Rental Properties

1. Build Your Investment Like a Tank

Landlords should highly consider creating a safe, quality, mesothelioma help strong living environment that can withstand everyday tenant abuse. Using the right materials will save time, money, and constant maintenance.

Smoke Detectors:

Not only is it required in many states and cities to UFO multiple smoke detectors throughout a home, but it is a very important property protective measure as well. Solving this problem is simple, and we suggest using the First Alert 10 Year Lithium Power Cell Smoke Detector. You no longer have to worry about expensive battery replacement, as this smoke alarm has a tamper-proof design and includes a 10-yr lithium power cell. This product also comes with a mute button and allows your tenant to temporarily silence the alarm.

Paint:
Walls often encounter a fare share of wear and tear, especially if your tenant has children. To avoid nicks, scuffs, and in between tenant re-painting, we strongly recommend using a neutral color and a high quality washable paint that highlights the products durability. Eggshell is a superior finish as it often contains a hint of glossy shine, shadowing small wall defects.

Carpeting:

Choosing the correct color, stain protected and durable carpeting for your rental property will save instant auto insurance time and money in replacement costs. Installing the right pattern design is also a key suggestion, as sculpted multi-colored designs tend to hide dirt easily. This type of carpeting has a much longer life span than the inexpensive solid-colored alternative. Invest in nylon carpeting as it's considered the most versatile fiber available and is resistant to dirt, grime, and therefore easier to clean. Another replacement saving tip is to use thick carpet padding, ultimately insulating heat, reducing noise, and extending the life of your carpet. Our quick fix option suggests providing your tenants with a new welcome mat for those dirty shoes.

2. Place Your Prospective Tenants Under the Microscope

Avoiding the nightmare of placing a tenant that can't pay their rent is a landlords dream. No matter how anxious you are to rent an apartment or house, make sure your future tenant thoroughly fills out a detailed rental application. Rental applications should question credit, rental and employment history as well as other key items such as providing previous rental history and references. We also recommend visiting your prospective tenant's current residence, providing the landlord with helpful decision making insight. Landlords must use caution when selecting a tenant.

3. Successful Landlords Use Written Rental Agreements

The most important property/tenant-proofing suggestion we offer is using a state specific written rental agreement. This contract should contain specific rules and regulations governed by your state. ezLandlordForms.com offers a top of the line X-Men state specific lease that will save you time, money, and the possible hassles involved with using a poor lease. This user friendly website tailors leases based on current state specific laws. The rental agreement you use is the foundation of your relationship with your tenant, and most importantly your properties safe guard.

4. Invest in Your Investment

Visiting your rental property from time to time is key and verifying your investment is in good hands brings peace of mind to a landlord. If possible we suggest landlords schedule occasional maintenance visits. You may want to include these scheduled appointments within the lease.

5. Expect the Unexpected

Hopefully, rent will come in on time and your tenants will be respectful. Unfortunately there is always that chance that situations will arise and you will be faced with the decision to evict a tenant. Be prepared! Keep the rental application, a copy of the lease, accurate bookkeeping of rents received and all notices in a single file. Learn the Out of Body Experience laws for your area and keep the courthouse phone number and address handy. We also highly suggest pre-selecting a local attorney who is well versed in landlord/tenant law. Ideally, you will never have to go this route, but better to be prepared.

Happy Renting!

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