(678) 507-0100

Property Management Blog

Choose the Right Tenant!

Better Homes - Tuesday, June 18, 2013

Make Your Real Estate Investment Pay Off by Choosing the Right Tenant

You made the decision to invest in real estate, and now you want to make money. There are a few rules to you will need to follow to make this happen, and it starts with purchasing a property which will produce income.  The key to producing income is finding tenants who will pay every month on or before the due date.  Following the 3 C’s Credit, Capacity, and Character in approving a tenant will lessen the risk of selecting the wrong tenant.  Sometimes this is easier said than done, however by taking the following steps listed below you can make it happen.

  1. Take the emotion out of the decision, and do not be too quick to get a tenant in your property without thoroughly checking them out. It is expensive and time consuming to remove a tenant once you let them move in.   By hiring a professional property management company, you can remove yourself from the decision and lower the risk of renting to an unqualified tenant.
  2. Use an in-depth credit application, and have the applicant fill in all of the blanks. You need the complete story on the people you are about to put in your home and  investment.  Many applicants will have had problems in the past, however “past” is the important word here. 
  3. Do a Credit and Criminal Background Investigation.  It is important to know that your prospective tenants pay their bills and have paid their past landlords for rent. Get proof of the most recent 12 months of rent payments, and check for judgments or collections on the credit report for past housing. 
  4. Get a current paystub and last year’s W2 to prove income.  If you have a self-employed applicant, get last year’s tax return and/or 1099.  A good rule of thumb is the gross monthly rent should not exceed 30-40% of the applicant’s monthly income.

At Better Homes Realty Georgia Properties, we have 20 + years of processing and approving home financing and we protect your investment by using the 3 C’s to approve tenants before we move them into your home.  We order both credit and criminal backgrounds on all of our applicants. Income is checked with paystubs, W2’s and/or tax returns to verify tenants have the capacity to make the monthly rent payment.  Character is verified by reviewing credit, criminal background, talking to current employers and current and past landlords.  We protect your investment because your investment is our investment.  Call today and discover why Better Homes Realty Georgia Properties should be managing your properties.


chaussures de foot nike commented on 23-Jun-2013 12:41 PM
Hi, I do think this is an excellent blog. I stumbledupon it ;) I
may return once again since I bookmarked it. Money and freedom is the best way to change,
may you be rich and continue to help others.
have google index my site commented on 25-Jun-2013 03:58 PM
Through seo services Singapore you will be able to add value to
your website, increase your search engine rankings thus increasing traffic for your website.
Updating your website frequently helps build your visitor retention, page ranking, and
revenue potential. To do this effectively, some coding languages will have to
be used, such as CSS and HTML to make the website look more customers friendly.
domy z drewna commented on 27-Jun-2013 06:29 PM
I all the time emailed this weblog post page to all my friends, because if like to read it afterward
my contacts will too.
apartments in mesa az commented on 29-Jun-2013 03:12 AM
I don't even know how I ended up here, however I believed this put up was once great. I don't realize who you might be however definitely you are going to
a well-known blogger for those who are not already.
Alysa commented on 01-Jul-2013 04:00 AM
Thank you for sharing this excellent web page.

Here is my website -electric guitars
www.lasacochehomme.com commented on 01-Jul-2013 08:20 AM
My family always say that I am wasting my time here at net, except I know I am getting experience all the time by reading such pleasant articles.
http://Wolfemoving.com commented on 02-Jul-2013 05:49 AM
I was curious if you ever thought of changing the page
layout of your website? Its very well written; I love what
youve got to say. But maybe you could a little more in the way of content so people could connect
with it better. Youve got an awful lot of text for only having one or 2 images.

Maybe you could space it out better?
the best meat grinders commented on 02-Jul-2013 09:39 PM
This is awesome!
best steam mops reviews commented on 02-Jul-2013 09:39 PM
This is cool!
Brinkjewelry.com commented on 03-Jul-2013 01:37 AM
Undeniably believe that which you said. Your favorite reason appeared to be on the web the simplest
thing to be aware of. I say to you, I certainly get
irked while people consider worries that they just don't know about. You managed to hit the nail upon the top and defined out the whole thing without having side-effects , people could take a signal. Will likely be back to get more. Thanks
http://Www.Albertawaterpros.com commented on 03-Jul-2013 04:48 AM
Howdy would you mind letting me know which web host you're utilizing? I've loaded your blog in 3 different web browsers and
I must say this blog loads a lot quicker then most.
Can you suggest a good web hosting provider at a honest price?
Thanks a lot, I appreciate it!
vente direct commented on 05-Jul-2013 05:15 AM
Effective Article Promotion for BeginnersArticle marketing over coffee is an effective approach.
Washington SEO Company commented on 06-Jul-2013 07:02 AM
Outstanding quest there. What happened after?
small business marketing consultant commented on 07-Jul-2013 03:09 AM
Devoid of the least speck in question, you must use
a sound not to mention solid Search engine optimization way of your websites for everybody who is that will record
all of the perfect success in the superbloggers.
The need for Search engine marketing (search
engine marketing) shouldn't be underrated and also overemphasized. Today, it will be the main have a discussion not to mention awesome dilemma within web marketers of course truly serious regarding blog, this is among the list of Search engine ranking optimization basic principles that you should have a okay know in.

A high level Online marketer mentionened above previously before or perhaps entrepreneur, service agency or perhaps an businessperson, you may not carry out lacking any outstanding SEO way of your online business. You are able to merely neglect an excellent Search engine optimisation strategy on your personally own hindrance. Currently, the kind or even sort of Search engine optimization approach that you are going to utilise is based enormously upon the employment that you will be applying your web networks.
tattoogall tattoo commented on 07-Jul-2013 09:15 AM
All of the a few of the truly amazing places to find great designs.
As operating tattoos, some research plus a great artist can lead to
a tattoo you will be proud of. In fact, a tattoo alternative would be the
better choice. Your tattoo is really a lifelong
investment so never allow price persuade you to definitely pick grayscale over colors.
If under consideration a tribal tattoo, browse designs
and learn more details on their meanings that has a book like ' Modern Tribal Tattoo Designs ' by Lora S.
CrossFit clothing commented on 07-Jul-2013 12:39 PM
I love what you guys are usually up too. This sort of
clever work and exposure! Keep up the fantastic works guys I've included you guys to
my blogroll.
kwanzaa commented on 08-Jul-2013 10:53 AM
Thank you for the auspicious writeup. It in fact was a amusement account it.

Look advanced to far added agreeable from you! By the way, how could we communicate?
Alejandra commented on 09-Jul-2013 01:38 AM
You've gotten astonishing thing on this site.

Here is my site;seoul korea
zacks free stock Picks commented on 10-Jul-2013 04:40 PM
When starting out in the stock market, your best bet is
to invest in a few high quality and popular stocks. You don't need to include 20 or 30 different stocks in your portfolio. Rather, start to get a feel of how the market works by only selecting a few promising options at one time.
Car Cheap Insurance Texas commented on 10-Jul-2013 05:52 PM
I like it whenever people get
together and share ideas. Great website, stick with
corporate awards commented on 11-Jul-2013 09:09 PM
I am sure this paragraph
has touched all the internet users, its really really nice paragraph on
building up new website.
http://webcamgirls.co commented on 12-Jul-2013 01:26 AM
Courting is normally of a great offer of various kinds, and deciding on
the grownup passionate romance site accordingly is important.
You can discover earth-huge-web internet websites which might be designed
for authentic courting, which may possibly bring about associations.
Then it is possible to find out all people people that may perhaps perhaps supply you
you a selection to go on casual dates, encounter illicit affairs,
one evening stands, no strings partnership and way more!

Just in case you want for making assured which you locate
the best partnership circumstance you then certainly should opt
for the internet-internet sites accordingly significantly as well.
Distinct world-wide-web websites have exceptional forms of
men and women searching for to socialize.
Patrick commented on 12-Jul-2013 03:07 AM
Really had to say I am ecstatic that i happened upon your site!

Here is my webpage -http://www.planchaelectrique.org/
Wolfe Moving Systems Inc. Frederick MD MoversWolfe Moving Systems Inc. Frederick MD Movers commented on 12-Jul-2013 09:54 AM
Wonderful site. A lot of useful info here. I'm sending it to a few pals ans also sharing in delicious. And obviously, thank you in your sweat!
public safety alerts commented on 13-Jul-2013 01:47 AM
Hurrah, that's what I was exploring for, what a information! existing here at this blog, thanks admin of this website.

Post a Comment

Captcha Image

Trackback Link
Post has no trackbacks.

Copyright © Better Homes GA Properties. All Rights Reserved.
Property Management Website powered by FreeRentalSite.com  |  Tenant Screening by Rent Screener

Better Homes GA Properties

110 Mansell Circle, Suite 313
Roswell, GA 30075

Phone: (678) 507-0100
Fax: (770) 234-3907