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In Most Cases, Time Pressure Is a Prospective Tenant Warning Flag

By
Real Estate Broker/Owner with Real Property Management of Sarasota & Manatee

Real Property Management of Sarasota & ManateeIn Most Cases, Time Pressure Is a Prospective Tenant Warning Flag

Over the years I've learned that there are very few situations where a tenant has to legitimately be into a property within just a few days -- it's a "red flag" situation that requires my special attention.

Getting a new tenant into a property, if done correctly, takes some time as there is a lot to get done:

  • Applications must be taken.
  • Application fees must clear the bank.
  • Criminal checks are conducted.
  • Employment checks are conducted.
  • Eviction checks are conducted.
  • Credit checks are conducted.
  • Security deposits must be collected and clear the bank.
  • First month rent must be collected and clear the bank.
  • Move-in inspections must be conducted.
Rushing through the process, or skipping steps, opens one up to all sorts of potential cons and should be avoided at all costs.

Real Property Management of Sarasota & Manatee is the local affiliate office of the greater company, Real Property Management. Real Property Management is the largest residential property manager in the world having 250+ offices in the U.S. and Canada, and over 60,000 units under management. Real Property Management of Sarasota & Manatee works with the owners of condominium units, single family homes, duplex/multiplex units, and apartment complexes.

CONTACT US HERE for a FREE Rental Evaluation and Property Management Quote!

 
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All the best!
Real Property Management of Sarasota & Manatee
of Sarasota & Manatee

Office: 941-225-8183

Web:
www.SaraMana.RealPropertyMGT.com

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Comments(2)

Kathy Stoltman
Ventura, CA
RETIRED

I agree, well stated.  Rushing through the process sometimes bites us in the end!

Jul 27, 2012 05:02 AM
John Michailidis
Real Property Management of Sarasota & Manatee - Sarasota, FL
Real Property Management of Sarasota & M

@Kathy - Thank you for your input! Thanks for posting!

Jul 27, 2012 05:19 AM