![]() The tenant knows about any other repair issues and when they’ll be resolved. ![]() The property is free from mold, rodents, roaches or bedbugs.The property is free from lead-based paint.All locks are re-keyed before the tenant moves in.Proper safety equipment is available, such as a fire extinguisher or flotation device (if you have a pool).There’s hot water and heat in the rental.All smoke and carbon monoxide detectors work.Advise all tenants in advance if you are requiring them to purchase renters insurance by their move-in date. Laws vary by state, but typically eviction notices must be delivered to a tenant 30-60 days before an eviction. Whether it’s for routine maintenance, an inspection or fixing a problem, you need to give your tenant notice if you’re planning to enter the premises. You must notify your tenant about certain things, including: Understand the rights that apply to your tenant once they sign a lease agreement: Provide your tenant with a copy of the lease and store your own copy securely.Sign and date the lease with your tenant.Once you find an applicant who meets your qualifications, you’ll have them sign a lease agreement. In addition to a background check, you’ll also run a credit check. This will show you the applicant’s rental and criminal history. Be sure to comply with all applicable fair housing laws, which prohibit discrimination based on race, color, nationality, age, sex, familial status and other criteria. During the tenant screening process, you will:Īccept or deny rental applications. Zillow Rental Manager makes screening tenants easy - and there’s no cost to you. With Zillow Rental Manager, you can easily accept applications online. Invite interested renters to apply online and then see if they meet your rental requirements. Send reminders for appointments, and make sure to give the current tenant advance notice (if the property is occupied). ![]() Set an open house date or schedule appointments with interested renters. Host a rental open house or schedule individual showings. Write a rental ad, take photos of the interior and exterior and market your property online. There are many ways to find a great tenant - try these tactics to fill your rental:Īdvertise the property for rent. Here are the most important obligations of a landlord: 1. And sometimes the best skill is knowing when to call a professional. ![]() Understanding some key landlord responsibilities, property marketing tactics and areas of the law goes a long way to help you find (and keep) a tenant, effectively manage your rental and avoid the most common landlord mistakes. Landlord obligationsįor many people, being a landlord is a rewarding and profitable experience, but it’s not a simple endeavor. Use this landlording 101 guide to help you manage properties you already own or plan on purchasing, so you can get the most out of your real estate investment. According to the Zillow Group Consumer Housing Trends Report 2018, of the homeowners who currently rent or plan to rent their home, 81% are interested in long-term renting 1. Property management, however, does require time to keep up with tenant requests, rental property maintenance issues and the business of landlording - such as collecting rent and tracking your expenses. You don’t need to be a management pro, real estate expert or professional contractor to manage a rental property.
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