What’s Tenant Screening and Why Do You Need It
What’s Tenant Screening and Why Do You Need It
Posted 2 days ago

  Tenant Screening Being a landlord is a very versatile job as one has to handle many tasks on daily basis. Among all these challenges finding a viable tenant is one of the hardest jobs to do. Nobody wants a bad tenant and renting your unit to one can lead…

What’s Tenant Screening and Why Do You Need It
Landlord Special: Rent Trends to Watch For in 2016
Landlord Special: Rent Trends to Watch For in 2016
Posted 2 days ago

  Watch Rent Trends in 2016 With the signs pointing to the beneficial innovations and favorable conditions in the industry landlords have a lot to look forward to in 2016. More millennials Millennial generation will continue to grow up leaving their homes behind and looking for a place to live.…

Landlord Special: Rent Trends to Watch For in 2016
First Showing of your Home: List With Photos
First Showing of your Home: List With Photos
Posted 2 days ago

  First Showing of your Home Web appeal has become the new curb appeal and buyers form their first impression about your property by viewing its listing online. If you are serious about selling your home then you have to take the photo shoot of your listings very carefully because…

First Showing of your Home: List With Photos
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What’s Tenant Screening and Why Do You Need It

by Property Management Software on February 5, 2016


Tenant Screening
 
Tenant Screening

Being a landlord is a very versatile job as one has to handle many tasks on daily basis. Among all these challenges finding a viable tenant is one of the hardest jobs to do. Nobody wants a bad tenant and renting your unit to one can lead to serious money and health blows. So, don’t just rent out your property to the tenant after having few good chats. Trust is good but in this line of business tenant screening is better.

Tenant screening provides you with the information which you need to now in order to make a better decision to whom you should rent your property to?

In principle tenant screening works like this:
You pick certain qualities in your tenants and check them against the information available. In doing so, remember that it is illegal to make any discrimination against the applications on the basis of religion, sex, creed and caste. Tenant screening generally involves checking tenant’s criminal and credit history to make sure that the person is not the criminal type and have sufficient amount of money to pay the rent in full. It also includes talking to their previous landlords and employers to know more about their character, habits and behavior. These standards must be realistic as making them too simple you can end up with the wrong person and by making them too hard you may never find a suitable candidate for the property.

You give a tenant access to your property so for a small period of time, so it is your responsibility to check that if tenant can manage it for a given period of time. It is like a smaller version of mortgage lending.
There are many different companies which offer tenant screening and at this point SimplifyEm is here for you to help you in screening the right tenant.

To know more how SimplifyEm Property Management Software can help you, visit this link: http://www.simplifyem.com/property-management-software

VA Loan Myths which Hamper Veteran Home Buyers

by Property Management Software on February 5, 2016


VA Loan Myths
 
VA Loan Myths

VA Home Loans- Mortgage loans guaranteed by the U.S. department of veteran affairs- are losing their light since the crash of the housing industry.

During the time where credits are checked thoroughly and loans are not being sanctioned so casually, this program recorded 631,151 loans in the year 2015 alone. VA loans are not only grabbing the market but they are in the headlines too and all this because of their low interest rates and their safety.

But, still many in fact, countless veterans and military families are missing this great opportunity because of the myths and misconceptions associated with these loans. But, all these false rumors can be easily countered through proper education and constant addressing.

Following are the few most common myths associated with the VA loans.

Myth 1: Prefect credit is needed
This myth does not even make any sense because VA loans were created in the first place to level the grounds for veterans and military members who have sacrificed for the country. So, more flexible and forgiving credits are key part of the guidelines.

While the loan itself doesn’t require a good credit but the private lenders ultimately making these loans will certainly require the good credit. But the good news is that many of them are looking for 620 FICO score to qualify which is fair.

Myth 2: VA loans are expensive
These loans come with hosts of benefits and have made homeownership possible form millions of service members and veterans and they certainly don’t cost more than the other types of loans.

These loans itself imposes limits on what lenders can charge in closing costs and these no-down-payment loans also comes with no mortgage insurance. Also, the buyers of VA do not have contend with the upfront funding fee and can paid in cash at the closing. The funding fee also depends on whether it’s your first use of the benefit, service history and down payment.

Myth 3: VA loans are lengthy and take forever to close
These loans have a dark history of being slow but in the past 15 years the program has become considerably efficient. On average the appraisals now come back in under 10 business days. This time period is on par with the other loan types.

Also, VA loans had a higher closing success rate than other loans in the year 2015.
These are some common myths related to VA loans which are widespread in the market but none of them have stories to back themselves up.

To know more how SimplifyEm Property Management Software can help you, visit this link: http://www.simplifyem.com/property-management-software

Landlord Special: Rent Trends to Watch For in 2016

February 5, 2016

  Watch Rent Trends in 2016 With the signs pointing to the beneficial innovations and favorable conditions in the industry landlords have a lot to look forward to in 2016. More millennials Millennial generation will continue to grow up leaving their homes behind and looking for a place to live. With this landlords can expect […]

Read the full article →

First Showing of your Home: List With Photos

February 5, 2016

  First Showing of your Home Web appeal has become the new curb appeal and buyers form their first impression about your property by viewing its listing online. If you are serious about selling your home then you have to take the photo shoot of your listings very carefully because if photos failed to excite […]

Read the full article →

Cut Your Costs This Winter in Easy Ways

February 5, 2016

  Cut Your Costs This Winter Winter months can hard and expensive too. Except for holidays, they often include travel, big meals and large energy bills. Below are some simple ways to cut cost these winters. Save on the heating By making some simple and inexpensive adjustments in the home you can save large on […]

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Sharing the Rental Listing On Social Media, It’s Important

February 3, 2016

  Share Rental Listing On Social Media Today social media has become the part of everybody’s life and by sharing your rental listing on social media you can appeal to even far reaching audience in very simple, effective and easy manner and that too, my friend at no extra cost! Pretty amazing isn’t it? Read […]

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Setting Rental Price for the Property

February 3, 2016

  Setting Rental Price For any owner of the property the main aim is to maximize the profit from the property because the collected rent is used to pay the insurance, maintenance and it is also used to build funds for bigger repairs. In the end after you have paid all the expenses you expect […]

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Landlords: Make your Nights Stress Free

February 3, 2016

  Make your Nights Stress Free Stress happens to everybody and in today’s modern world it is a common problem. Working people face this problem more often than less and landlords are no exception to this. They have lot of responsibilities which they need to cover every single day and have to deal with many […]

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Landlord’s Insurance: What you Might Not Know About

February 3, 2016

  Landlord’s Insurance Among all other types of insurance the landlord insurance can be most tricky one because: 1. It comes in different forms 2. It have two different types of payouts 3. It includes different types of coverage. Since, it is a tricky part that’s why we bring you all that you need to […]

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Tenant’s special: Questions That Can Save You Some Money

January 28, 2016

  Tenant’s special: Save Money Did you suddenly found out that the garage apartment you are living in is illegal? We understand that sometimes it is very hard to spot the warning signs before we actually become the victim of such unscrupulous situations. But, the other way round is that you can take control before […]

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