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General Landlording & Rental Properties

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Sandy Spence
  • Bay Village, OH
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Landlording for Dummies

Sandy Spence
  • Bay Village, OH
Posted Aug 14 2014, 06:44

Hello,

My Husband and I recently decided to rent out our old house when moving into a new one. We know we can absorb both mortgages if needed and will still live close by. We found tenants and they will be moving in on the 1st of September. I want to make sure we are doing all the right things both for us and out new tenants. We have signed a lease agreement that was approved by our attorney and had the city come and inspect the property to obtain our rental license. I do have a few specific questions I hope I can find help with:

1. How do we ensure the tenant has the utilities put into their name, and that they are current with their bills (not shut off)?

2. How do we validate renters insurance (we did require this in the lease agreement)?

3. Any advice or suggestions would be very appreciated.

Thank you!

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