eHow launches Android app: Get the best of eHow on the go.
Rental properties require vast amounts of upkeep, and maintaining a good relationship with tenants is key to a successful business. Find out how to lease out a home or apartment with this free video series on rental property.
There are 17 videos in this series:
When deciding how much to charge for rent, consider the square footage of the space, research comparable rates in the area, determine how much rent will turn a profit and choose a marketable rental rate. Calculate the right monthly rent with advice from an experienced property manager and landlord in this free video on rental property.
Renting out a room to afford a house is possible by researching comparable rooms in the area, placing an ad and signing a rental agreement with a potential roommate. Rent out a room, getting extra cash to help pay for the mortgage, with advice from an experienced property manager and landlord in this free video on rental property.
Being a good landlord involves knowing legal rights, meeting with an attorney, drafting a rental lease and maintaining the property well. Keep open lines of communication as a good landlord with advice from an experienced property manager and landlord in this free video on rental property.
Checking references of prospective tenants for a rental property is important to verify employment, get an idea for their credibility and find out what kind of tenants they were in the past. Check personal references and previous landlords before renting with advice from an experienced property manager and landlord in this free video on rental property.
When drafting a lease for a rental property, first speak with an attorney to determine legal rights, find a sample lease to use as a template and have an attorney review the final lease. Draw up a rental lease that can be used for all tenants with advice from an experienced property manager and landlord in this free video on rental property.
Drafting a roommate agreement is important to outline expectations of maintenance, chores, cleaning and behavior, and a sample contract can be found on the Internet or through an attorney. Draw up a roommate agreement to keep everything clear and understood with advice from an experienced property manager and landlord in this free video on rental property.
Evaluating prospective tenants for a rental property requires running a rental and credit check, confirming employment and checking with previous landlords and references. Make sure prospective tenants are able to rent with advice from an experienced property manager and landlord in this free video on rental property.
To evict a tenant, first consult with an attorney to make sure they have violated his or her lease, deliver an eviction notice to the tenant in person and file all of the proper paperwork before going to court, if necessary. Evict a tenant and reclaim the rental property with advice from an experienced property manager and landlord in this free video on rental property.
Finding a roommate requires posting an ad either online, in a local newspaper or through posted fliers, and meeting a prospective roommate face-to-face ensures a compatible relationship. Sign a roommate agreement when deciding to live with someone with advice from an experienced property manager and landlord in this free video on rental property.
Getting a home equity loan on a house that will be rented out involves having at least 20 percent equity in the home, examining a credit report and applying for the loan through various brokers. Get a home equity loan with advice from an experienced property manager and landlord in this free video on rental property.
To manage a rental property, have a clear rental or lease agreement signed by all tenants, maintain the property to code, provide a safe environment and keep open lines of communication with tenants. Manage a rental property to be a good landlord with advice from an experienced property manager and landlord in this free video on rental property.
To run credit checks on prospective tenants, first charge the credit check fee, contact the credit bureau and run a credit check to see if the tenant qualifies to rent. Run credit checks before renting out an apartment or home with advice from an experienced property manager and landlord in this free video on rental property.
Turning a home into a rental property involves clearing out the home completely, consulting with an attorney to determine legal rights, create an advertisement of the home and draw up a lease or rental agreement before interviewing prospective tenants. Rent out a home, making sure to maintain it to proper code, with advice from an experienced property manager and landlord in this free video on rental property.
Typing a lease agreement involves looking over a sample lease to use as a template, making additions or deletions based on the specific property and having an attorney review it before the tenants sign. Draw up a lease agreement that protects both the tenants and landlord with advice from an experienced property manager and landlord in this free video on rental property.
A listing for renting a house offers a summary of the property, including the features, square footage, photographs, rental price and landlord contact information. Create a listing for a rental home, also including the location and any extra amenities, with advice from an experienced property manager and landlord in this free video on rental property.
Renting out a room in a house requires first clearing out the space, putting up an ad for the room, creating a clear rental agreement and interviewing potential roommates. Find a roommate to rent out a space in a house with advice from an experienced property manager and landlord in this free video on rental property.
Renting a house requires being familiar with all state and local laws and legal rights of both the landlord and tenant, and these rights should be clearly outlined in a rental or lease agreement. Research the legal aspects of rental property before leasing out a home with advice from an experienced property manager and landlord in this free video on rental property.
Renting out a property can generate more cash flow to help with the mortgage, but being a landlord has its fair share of responsibility. The landlord of a rental property is responsible for managing the site, drawing up lease agreements, maintaining the property and interviewing prospective tenants. Whether renting out a single room in a home or leasing out hundreds of apartments in a complex, property managers and landlords need to maintain open lines of communication with all tenants. In this free video series on rental property, an experienced property manager and landlord discusses the dos and don'ts of renting out a home. Find out how to draw up an official lease agreement, and get an attorney to review it before the tenants sign. Get advice on doing credit and reference checks on prospective tenants, and learn to be the best landlord possible. Find out how to advertise a rental property, and even get ideas on finding a roommate to help out with the mortgage. Whether on a large or small scale, rental property advice is offered to landlords of all types.
Damon Thompson Damon Thompson owns three rental properties in Detroit, Mich., and has owned up to seven rental properties at once for more than 15 years. He is the owner and manager of all properties, and he writes his own leases, collects his own rent and oversees all repairs and renovations of his rental properties.dkdk
Read More
Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy. en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.
