- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (5)
- Anthony Frisone, "ajfrisone"
- Contributions:355
I use a mortgage company
- Daniel Reynolds, "Broker Executives"
- Contributions:355
It sounds like you've never managed before. I would highly recommend contacting a good Phoenix based property management company. Preferably, one that isn't going out of business. For those Realtors, that know what company I'm talking about... The fact is, if you've never evicted a tenant, the measly 7-8% you'd pay in management costs would be nothing compared to trying to pay an attorney to evict a tenant or trying to do it yourself and end up having the tenant stay there longer than what a property management company could evict him for.
From my experience, owners always contact us when it's too late. By then, we don't even want to help them out because they thought they could do it themselves. That's my honest thought on having an inexperienced owner try to manage. Not to offend anyone, but I don't like to create smoking mirrors.
From my experience, owners always contact us when it's too late. By then, we don't even want to help them out because they thought they could do it themselves. That's my honest thought on having an inexperienced owner try to manage. Not to offend anyone, but I don't like to create smoking mirrors.
- Jason Webb, "jasonwebb"
- Contributions:65
Along with credit, you should check criminal background and do a prior eviction search. TVS offer these options. Also verify all rental history and employment. Get as much information you can on your rental application. Your rental application should also state any restrictions such as pet policies, for example, "no Pit Bulls, Rottweiliers and so on". You should get an application from every person (adult) that is going to be living in the home.
Items you may want to include on application:
- Full Name
- SSN
- D/L & State
- DOB
- Email
- Phone #s
- Rental History with landlord names and numbers
- Prior evictions?
- Criminal history
- Employment Information
- Bankruptcy?
- List of all occupants
- All pets, type, weight, breed
- List of vehicles
If you are new to this, you may want to consider using real estate agent to list your rental and process the applications.
As a landlord, get very familiar with the Arizona Landlord and Tenant Act. Also be familiar with fair housing rules.
Items you may want to include on application:
- Full Name
- SSN
- D/L & State
- DOB
- Phone #s
- Rental History with landlord names and numbers
- Prior evictions?
- Criminal history
- Employment Information
- Bankruptcy?
- List of all occupants
- All pets, type, weight, breed
- List of vehicles
If you are new to this, you may want to consider using real estate agent to list your rental and process the applications.
As a landlord, get very familiar with the Arizona Landlord and Tenant Act. Also be familiar with fair housing rules.
- Jeff Masich, "Arizona Homes Land"
- Contributions:508
Dear Snow:
Yes, I agree Tenant Verification Services (TVS) is good for checking potential tenants.
Also, be aware of the Tenant/Landlord Bill of Rights as published by the State of Arizona and the Department of Real Estate: http://www.azsos.gov/public_services/publications/residential_landlord_tenant_act/Residential.pdf
Jeff Masich
Arizona Homes and Land
HomeSmart
Scottsdale
Yes, I agree Tenant Verification Services (TVS) is good for checking potential tenants.
Also, be aware of the Tenant/Landlord Bill of Rights as published by the State of Arizona and the Department of Real Estate: http://www.azsos.gov/public_services/publications/residential_landlord_tenant_act/Residential.pdf
Jeff Masich
Arizona Homes and Land
HomeSmart
Scottsdale
- Lynette DuFon, "lynettedufon"
- Contributions:2
Go to http://www.tenantverification.com/ it's a pretty good website. Check out their "Every Landlord's Legal Guide" it has great inforamtion.
Tenant credit check
How do I check for tenant credit before I decide to rent the house to him/her? What information do I need to obtain from the potential tenant? and where do I go check for his/her credit worthiness? Any advice and procedures would be appreciated.
Thx.
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.