The moment your tenants move in, they’ll be expecting certain services from you — and you’ll be in the business of accommodating them. At the same time, you’ll be responsible for enforcing any rental policies you’ve established, and collecting rent. To handle these responsibilities comfortably, you’ll need to know what you have a right to ask of your tenants —and what they are entitled to expect from you. This chapter identifies both. It also explains how to set rental amounts, create leases, and follow health and safety codes.
When looking for tenants, you need to seek people who are willing and able to pay their full rent on time each month. They also should be people likely to keep their units in good condition – and likely to abide by any policies you may have regarding pets, acceptable noise levels, use of common […]