Rental Forms to Start Your Business
Ok, so let's say you've done every tiny bit of detail about your property. The problem you'd be facing next is to find a tenant. In doing so, you can't just ask money, give the tenant the key and have him move in right then and there. There are procedures and conditions you have to orient them with prior to taking the property.
This could also affect his decision of moving in, as well as yours when you ask him questions. The best way to guarantee his compliance to your conditions is if you give him the appropriate rental application and rental contract forms. These papers contains the do's and dont's of your property as well as ensure the protection of your rights, and the rights of your tenant in case some sort of dispute comes up.
So what exactly are the uses of rental application forms? It's that handy piece of material you hand-out to your tenants in case they're really interested of your property. It asks for the essential information about the tenant such as name, address etc., as well as ask several questions that will help the property owner or property manager to see if the candidate is a fit for the property. However, there are conditions about tenants that you can't discriminate. For example, tenants with families. It's better to look up these conditions ahead before you end up in court defending yourself for tenant discrimination.
Now, let's say you've found the best possible tenant among your candidates. Before you give him the key and have him transfer to the property as soon as he likes, be sure to have him sign the contract. It might reach to a point where you have to slap his face with a piece of paper he signed in case he causes something that the nieghborhood disapproves.
In order to ensure the longevity, stability and profitablity of your property in the long run, finding the right tenant is one of the steps that you have to take. As a responsible landlord or property manager, your ability to manage will spell a big difference.