Pitfalls of poor Tenant Screening Part 2

Most seasoned Landlords have been subjected to a similar scenario: a prospect shows up to view a property and says they have first months rent, full deposit and need to move in right away due to some semi-believable story. It’s tough to pass up the money in hand when the market reflects a surplus of inventory. They seem like a nice couple, are not trying to negotiate, and you are tired of showing the unit, so you take the money straight to the bank and turn over keys. This is usually where the dream ends and the nightmare begins.

1This used to happen more often years ago, when we didn’t have the power to search courthouse records 24/7 from our phones. However, you may be surprised to hear that it still happens a lot. People who “work the system”, grifters, scammers, con artists, deadbeats, shysters, whatever you call them, know how to play it to their benefit. They show up in nice clothes, speak kindly and with respect, praise the property, and can tell their story with so much drama it will leave you teary eyed.

Here’s a video of one example showing the condition of a property where the owner did very little to screen the prospect:

Please, please, please resist the urge. If they have to stay in a hotel for a day or two, you would be better served in the long run. Before you even start marketing your property for rent you should have a Charlotte property management set up so you don’t lose time setting them up once a tenant is ready to move. I am not here to sell you on one company over another. There are plenty of very good screening companies out there. I would suggest you find one that offers as many of the following services as possible:

Nationwide criminal search
Nationwide eviction search
Credit report
Social Security Number validation
Lien/Judgment search
Sex offender registry search (Nationwide, in case they did not register at previous address)
Employment verification
Landlord (more importantly previous Landlord) verification
Global Homeland security search

I will dig in deeper on the next installment.

Grade Real Estate Market in Florida

Florida is indeed worthy of being the main destination for tourism and property investment in the world. This place offers many things for everyone. I can say that Florida deserves to be called a haven of protection for tourists and income gardens for investors. Natural wealth and luxurious facilities make tourists interested in utilizing its features. Tropical sunshine is specifically able to warm the sunbathers.

Sales of commercial real estate in Florida as in the real estate community of Port St. Lucie have increased. Property resold in various Florida property communities has increased significantly. Everyone in the world can easily buy property in Florida, not only large or upscale investors who can enjoy luxury and quiet property in Port St Lucie Real Estate, those who are low income can buy a home here today.

In addition to investment purposes people usually seek comfort and relax atmosphere in Florida. They will be easy to get here, if you are looking for commercial property in Florida then consider your desired lifestyle and location as expected. You do not worry about not being able to choose a home in Florida because there are thousands of homes being sold here every day from single home to retail establishments.

Whatever property you are looking for definitely provides benefits. The type of property here is immense, in addition to homes, condominiums, apartments, and villas for sale in Florida also offer retail and investment properties. They are Shops in malls, office buildings, franchising locations, business parks, commercial rent dimensions, residential development and rental properties. And there is also a high-tech property area especially for research and development parks, medical laboratories. The hotel and resort property categories include hotels, convention centers, stadiums, motels and amusement park sites. The statistical distribution and property categories developed continue to include warehouses, factory locations, airports, distribution and factory readiness.

There are many places in Florida that you can show to choose according to your needs and lifestyle. A varied price that is suitable for all societies is a property advantage in Florida. Please select a popular Florida property community such as Hillsborough, Pasco and Pinellas Counties in Tampa Bay; Fort Myers and Cape Coral region in Southwest Florida; Martin, Miami-Dade, Broward, Sarasota and Manatee Counties in Sarasota; Duval, Clay, Putnam and Nassau Counties in Jacksonville / Northeast Florida; Orange, Seminole, Lake, Polk, Osceola and West Volusia Counties in Orlando / Central Florida and Leon, and St.Lucie and Palm Beach Counties in South Florida.

Second Home in Florida

If you want to buy a second home then you have to prepare funds, because that is the first step to owning a second home. Divide your money into two parts: initial funds and recurring funds. Cash can be used for initial funds as advances, closing costs, furniture costs, equipment, and accessories, Installation of security systems, Premium insurance, repair costs, etc. and the rest use recurring funds. Repeated funds can be obtained from the first property rental. If this is well organized you will have a second home successfully.

You have to prepare your funds early and repeatedly, you also need to prepare other funds that may occur regularly, such as taxes, utilities, pool services, insurance, Landscape Maintenance ($ 100 – $ 150 / typical month in Florida), Home Watch Service ($ 50 – $ 100 / month typical in Florida), Association fees, building maintenance and repair costs, etc.

Those are some of the costs that might be faced if you buy a second property in Florida. In addition, you need to consider a lifestyle that suits your home. The more luxurious and classy property you want, the more expensive you will be. If your source of funds is sufficient then there is nothing wrong if you choose a luxury property in Port St Lucie Florida real estate. It’s easier to get a luxury property if you hire the services of a Port Lucie Realtor in Florida.

This is the right time to hire Port Lucie Realtor services because there are thousands of homes that have been circulating in the real estate market in Florida. Port St. Lucie is able to handle all client problems in getting a home. Whether you want to buy or sell a house, Port St. Lucie Realtor is the right broker for you.