« Return to Blogs

Simple Steps to Insure West Palm Beach Rental Property Bliss

Simple Steps to Insure West Palm Beach Rental Property Bliss

Rental Property | Home Buying | Mortgage Broker West Palm Beach | Mortgage Lender West Palm Beach | Mortgage Banker West Palm Beach | Palm Beach Mortgage Broker | Real Estate West Palm Beach | Realtor West Palm Beach | Christian Penner Home Loan Company | FHA Mortgage Financing Specialist | VA Home Loan Expert | Palm Beach Mortgage Company | Mortgage Brokers West Palm Beach | Mortgage Broker Florida | Real Estate | Real Estate Home | Mortgage Brokers | Mortgage Broker | Mortgage | Palm Beach Mortgage Broker | Mortgage Banker | Christian Penner | Home Loan | VA Financing Specialist | VA Home Loans | Realtor | Real Estate | Harp Refinance | Mortgage Rate | Mortgage Lenders | Mortgage Companies | Mortgage Company | Lenders Mortgage | Mortgage Loans | FHA loan | FHA loans | Current Mortgage Rates | Home Mortgage | Refinance | Mortgage Broker West Palm Beach | Mortgage Lender West Palm Beach | Refinance Home Loans | Home Loan Company | FHA VA Financing Specialist | FHA Mortgage Lenders | Mortgage Loan Lenders | Mortgage Loan Lender | Mortgage West | Refinance Mortgage Lenders | Home Finance Mortgage | Refinance A Mortgage | Home Mortgage New | Real Estate HomeIf you find your West Palm Beach rental property without a tenant this fall, it may not take long before you’re tempted to take the first applicant who shows up. Sometimes it doesn’t take much longer to remember why that can be a costly mistake!

Hastily selected tenants can transform your Palm Beach County rental property from a dependable revenue-producer into a sputtering headache-producer. Troublesome tenants are hard to manage, can cause serious damage to your West Palm Beach rental—and can be infuriatingly difficult to remove.

Of course, the best solution is to avoid renting to trouble-making tenants in the first place. Whenever your rental property falls vacant, you’ll be much more likely to sign a quality tenant if you follow the basic self-protection procedures:

1. Be Wary of Cash Buyers

A tenant who’s willing to pay cash upfront for months in advance might seem like a walking windfall—after all, doesn’t it seem as if the offer would eliminate a degree of risk? But sometimes cash shouldn’t be king. Experience shows that there is usually a reason why an applicant wants to rent on such seemingly advantageous terms. It may be because they want to distract from a poor rental or credit history, hoping that the cash offer will deter the landlord from asking too many awkward questions. Less likely (but possible) could be that they want to use the property for some illicit purpose—such as storing or manufacturing drugs.

2. Check Employment Records

On your tenant application form, ask for an employer’s name and a point of contact at the workplace. Few employers object, so applicants who are reluctant to provide this information (or who do not have regular employment) will be flashing caution lights. Don’t neglect to follow up on the information: a short, courteous phone call will confirm what the application form says.

3. Credit Record Checks

A credit check will help you to sort ideal tenants from those more likely to have trouble paying on time. A credit check is inexpensive, especially measured against the cost and hassle of reluctant payers. Credit record checks are available through a number of online services (they usually require the applicant’s social security number). But it’s also important to realize that any kind of reference check is only useful if you are researching the right person! Make sure to properly confirm the identity of the person applying for your rental property. Check identities using a government-issued identity document, with photograph, and social security number.

Trouble tenants can, at least in the short term, waste valuable time and effort. You can avoid the whole problem by enlisting a qualified West Palm Beach property management firm; but if you choose to handle the details yourself, taking these simple precautions will prove well worthwhile.

If you are already a local landlord, or are in the market for a rental property in West Palm Beach, there are many good prospective investments from which to choose. Give me a call to take a look!

 

  

 

Questions, Comments or For more information you can email Christian Penner at TheMortgageTeam@ChristianPenner.com or visit us online at www.ChristianPenner.com or you can call us directly at: 561-316-6800

ChristianPenner.com
http://www.christianpenner.com/simple-steps-insure-west-palm-beach-rental-property-bliss/
Simple Steps to Insure West Palm Beach Rental Property Bliss


Or You can click "Call Me" below to call Christian Penner directly using Google Voice


blackwhite#ChristianPenner, #MortgageBrokerWestPalmBeach talks about #RealEstateWestPalmBeach. He also serves other Local Areas and provides home #MortgageSolutionsforPalmBeachGardens, #Jupiter, #BocaRaton, #Wellington and #Tequesta. #ChristianPennerMortgageBrokerJupiter has the #lowestmortgagerates and the best #homemortgage programs like; #Jumboloans, #FHAHomeLoans, #VAHomeLoans, #ReverseMortgageHomeLoans, #FreddieMacHomeLoans, #FannieMaeHomeLoans and #HARPMortgageLoans. #ChristianPennerMortgageBrokerPalmBeachGardens has Served the area for over 15 years with his #HomeLoanLending Needs and Works with #FEMBIMortgageinJupiter. You Can Also Find Him On fb mortgageFacebook at: http://Facebook.com/YourMortgageBanker

- - -

Christian Penner
South Flagler Drive, Suite 800, West Tower West Palm Beach, FL 33401
Phone: +1 (561) 316-6800
 

- - -

ChristianPenner.com
http://www.christianpenner.com/simple-steps-insure-west-palm-beach-rental-property-bliss/
Simple Steps to Insure West Palm Beach Rental Property Bliss

#RentalProperty
#WestPalmBeachRentalProperty
#WestPalmBeachPropertyManagement
#PalmBeachCountyRentalProperty
#WestPalmBeachRental
#yourRentalProperty

#ChristianPenner #MortgageBanker #mortgage #mortgagerates #mortgageloans #getpreapproved #westpalmbeach #wellington #westpalmbeachmortgagebroker #wellingtonmortgagebroker #loans #preapproval #westpalmbeachloans #palmbeachloans #browardloans #getamortgageloan #mortgagelender #mortgagelenders #browardcounty #palmbeachcounty #dadecounty #florida #realestate #westpalmbeachrealestate #wellingtonflorida #wellingtonfl #realestate Christian Penner #ChristianPenner Christian Penner Home Loan Company #ChristianPennerHomeLoanCompany Current Mortgage Rates #CurrentMortgageRates FHA loan #FHAloan FHA loans #FHAloans FHA Mortgage Financing Specialist #FHAMortgageFinancingSpecialist FHA Mortgage Lenders #FHAMortgageLenders FHA VA Financing Specialist #FHAVAFinancingSpecialist Harp Refinance #HarpRefinance Home Finance Mortgage #HomeFinanceMortgage Home Loan #HomeLoan Home Loan Company #HomeLoanCompany Home Mortgage #HomeMortgage Home Mortgage New #HomeMortgageNew Lenders Mortgage #LendersMortgage Mortgage #Mortgage Mortgage Banker #MortgageBanker Mortgage Banker West Palm Beach #MortgageBankerWestPalmBeach Mortgage Broker #MortgageBroker Mortgage Broker Florida #MortgageBrokerFlorida Mortgage Broker West Palm Beach #MortgageBrokerWestPalmBeach Mortgage Broker West Palm Beach #MortgageBrokerWestPalmBeach Mortgage Brokers #MortgageBrokers Mortgage Brokers West Palm Beach #MortgageBrokersWestPalmBeach Mortgage Companies #MortgageCompanies Mortgage Company #MortgageCompany Mortgage Lender West Palm Beach #MortgageLenderWestPalmBeach Mortgage Lender West Palm Beach #MortgageLenderWestPalmBeach Mortgage Lenders #MortgageLenders Mortgage Loan Lender #MortgageLoanLender Mortgage Loan Lenders #MortgageLoanLenders Mortgage Loans #MortgageLoans Mortgage Rate #MortgageRate Mortgage West #MortgageWest Palm Beach Mortgage Broker #PalmBeachMortgageBroker Palm Beach Mortgage Broker #PalmBeachMortgageBroker Palm Beach Mortgage Company #PalmBeachMortgageCompany Real Estate #RealEstate Real Estate #RealEstate Real Estate Home #RealEstateHome Real Estate Home #RealEstateHome Real Estate West Palm Beach #RealEstateWestPalmBeach Realtor #Realtor Realtor West Palm Beach #RealtorWestPalmBeach Refinance #Refinance Refinance A Mortgage #RefinanceAMortgage Refinance Home Loans #RefinanceHomeLoans Refinance Mortgage Lenders #RefinanceMortgageLenders VA Financing Specialist #VAFinancingSpecialist VA Home Loan Expert #VAHomeLoanExpert VA Home Loans #VAHomeLoans