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General Landlording & Rental Properties

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Joey Fontenot III
  • Real Estate Investor
  • Mobile, AL
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46
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Landlord Approach to Open Market Renters

Joey Fontenot III
  • Real Estate Investor
  • Mobile, AL
Posted Mar 28 2011, 12:11

I just picked up a rental property that I will be renting in the open market, no section 8. I am getting lots of phone calls and am getting to the process of tenant screening. My list of Questions include: How much do you typically ask for a deposit- I have been told 2 months of the rent.Do you do a credit check, eviction check, and criminal check - How much does this typically cost. In addition, are there any special stipulations you put in your agreement regarding when your tenant is supposed to pay, late payment punishments, and any other important clauses
Thanks :roll:

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