Sunday, September 2, 2012

These Are 10 Errors Landlords To Rent Miami Real Estate Market ...

1 Prize ? The owner does not know how to get good rental price. He / she will be listening to a family member or a friend who is not an expert and will provide an incorrect amount. The owner will lose hundreds of dollars per month if the House is rented for an incorrect amount. The real estate agent in Miami must obtain comparable recent rentals in the field to determine the best price for rental of the property. Comparable goods must be similar to the property in question. The amount of the rent should not be negotiated.

2 Advertising ? The owner will try to save and do not advertise rental property. This lack of exposure is going to hurt the owner deeply. It is very important to announce the property in all the local newspapers, magazines, leaflets, etc real estate real estate agent Miami real should perform at least an open house for the commercialization of the appropriate property. The property must be listed in the MLS to ensure maximum exposure.

3 Bail ? The desperate owner will rent the property to the first person who walks indoors, and will not collect money for deposit. It is a recipe for disaster on the Miami real estate market. Never show that you must rent the property immediately. A deposit of three months must be kept at the front. The filing third month could be negotiated and paid by instalments, if necessary.

4 Screening ? Always obtain a thorough investigation tenant screening for potential tenants. Get a credit check, obtain a police report, employers call, check references, call previous owners and ask them if they would rent to the tenant again and they pay the rent on time. Make sure that the tenant has not been expelled before. Properly the tenant screening is a milestone in Miami real estate management of real property.

5 Evictions ? Delay or not to evict a tenant is fast enough an extremely long and costly error that will devastate the owner. The owner must be prepared to expel if after all the projection of the tenant will still not pay the rent due to the loss of jobs or other unforeseen problems. Evictions must be immediately undertaken. The real estate agent at Miami real estate real estate rental should be familiar with non-payment of evictions of tenants.

6 Emergency ? Avoid a tenant who must move immediately. Do not allow the tenant to move in without detailed screening and verification being completed. A tenant who must move immediately is usually deported or has some other hidden agenda. Check the references all previous owners and run an audit of eviction and a credit check. Do not allow the tenant you rush to a decision.

7 Lease ? Never a month?s rent to the month or worse never rent the property without lease at all. Demand always the tenant signs a lease for a year and collect at least a month of bail. Today the real estate market in Miami real location a file two months, over the months of current rent is the standard. All legal documents and Biding must be written to avoid any misunderstanding. A lease is always required in court to provide repair, the terms and the expiry of the lease and the fixing of rent. All legal documents must be in writing.

8 Occupation ? Never give the tenant of the property possession without the signing of the lease or deposit. Not to give the tenant the keys to place some furniture or other small objects inside the property. The tenants have been known to move premises until all the terms and conditions have been established. The tenants will occupy the property and the keys must be delivered only after all the documents are signed and all funds were verified and filed.

9 Repairs ? Do not allow tenants to make unnecessary repairs before renting the property. Painting and cleaning of the property is normal should be done. New refrigerator, new kitchen cabinets, new air conditioning, a complete remodeling is not normal and should not be tolerated. Do not rent to tenants who have a long list of things to fix. Never allow the tenant to dictate conditions for the repair of the property as a condition of the lease. 10 Do not do yourself ? always hire a real estate professional Miami do all the work for you. An owner who tries to save money by yourself will be a costly mistake. Usually, the expenses are rent only a month. Collection and services evictions are not included and are invoiced separately. The money you save by making your own at first, not cost you three times at the end. Owners must avoid amateur mistakes in Miami real estate management of real property. Certain rules must be followed to rent the property at a good tenant to pay which will pay the rent on time and take care of the property. Most homeowners have simply not the time or knowledge to complete all the necessary steps to ensure the rental of the property for the best candidate. The best way to prevent non-payment of the tenants and prevent evictions of tenants is to rent to bad tenants at all. Hiring a real estate professional of Miami to rent the property for you is a must.

Source: http://www.gringosfirehousecafe.com/real-estate/these-are-10-errors-landlords-to-rent-miami-real-estate-market/

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