One thing that I know for sure is that there will always be renters. This means there will always be a need for rental properties, and this puts landlords at an advantage. The other thing that I know for sure is that a buy and hold portfolio will increase in value over time. Investing in real estate can be a lucrative and rewarding investment.
(CLICK HERE to Read More)the confident woman landlord
blog
As a woman landlord, you are always searching for your ideal tenants.
Choosing the right tenant can be one of life's roulette spins - and you want to avoid landing on a bad bet.
So, more roll of the dice when picking tenants for your property.
As much as it sounds cliché –knowledge is power when managing a rental property.
You want to avoid tenants who will not pay their rent on time (or at all) and possibly destroy your property.
Getting familiar with those interested in renting your property will help you find dependable long-term tenants.
When reviewing applications, ask yourself:
Do they meet my criteria?
Do you have written criteria?
Is there evidence that this tenant will keep up on payments and maintain the condition of my property?
Knowing exactly how to evaluate potential renters can help take away some stress while ensuring maximum cash flow from your rental business!
To narrow down applicants and find high-quality long-term tenants, you need to know what to look for.
I have compiled this simple checklist to help you decide when to deny an application and quickly move on to the next applicant.
As a woman landlord, you are always searching for your ideal tenants.
Choosing the right tenant can be one of life's roulette spins - and you want to avoid landing on a bad bet.
No more roll of the dice when picking tenants for your property.
As much as it sounds cliché – knowledge is power when managing a rental property.
You want to avoid tenants who will not pay their rent on time (or at all) and possibly destroy your property.
Getting familiar with the applicants interested in renting your property will help you find dependable long-term tenants.
When reviewing applications, ask yourself:
Do they meet my criteria?
Do I even have written criteria?
Is there evidence that this tenant will keep up on payments and maintain the condition of my property?
Knowing exactly how to evaluate potential renters can help take away some stress while ensuring maximum cash flow from your rental business!
To narrow down applicants and find high-quality long-term tenants, you need to know what to look for.
I have compiled this simple checklist to help you decide when to deny an application and quickly move on to the next applicant.
Incomplete Application
Supporting Documents
False Information
Behavior Qualifications
Income Sources
Rental History
Credit
Utility Account
Criminal History
Home Visit
Security Deposit
Pets
Download a PDF Copy of This Checklist to Use With Your Screening Process.
This document has been converted into a fillable form for your convenience.
It can be used as an electronic document on the computer to save with your applicant files, or you can print it out if you prefer to handwrite your answers.
Download a PDF Copy of This Checklist to Use With Your Screening Process.
This document has been converted into a fillable form for your convenience.
It can be used as an electronic document on the computer to save with your applicant files, or you can print it out if you prefer to handwrite your answers.
Keep Moving Forward
I Believe In You!
“
“It is better to have a vacant unit, rather than the wrong tenant.
Choose wisely.”
Mary Jo Whelan
Recent Posts
February 1, 2023
Clutter. It’s like a bad relationship. You know you should break up with it, but you can’t seem to let go. And the longer you stay together, the messier things get. Before you know it, your house is engulfed in clutter, and you can’t find anything. Sound familiar? Well, it’s time to break up with your clutter once and for all!
(CLICK HERE to Read More)January 19, 2023
What the heck is BRRRR? And, no, we are not referring to “I’m so cold”. You may have heard this term being thrown around a lot lately. You will find it to be a popular technique for buying rental properties. It is a real estate investing strategy that anyone can use to add properties to their rental portfolio – even if you are new to investing!
(CLICK HERE to Read More)Recent Posts
February 16, 2023
One thing that I know for sure is that there will always be renters. This means there will always be a need for rental properties, and this puts landlords at an advantage. The other thing that I know for sure is that a buy and hold portfolio will increase in value over time. Investing in real estate can be a lucrative and rewarding investment.
(CLICK HERE to Read More)February 1, 2023
Clutter. It’s like a bad relationship. You know you should break up with it, but you can’t seem to let go. And the longer you stay together, the messier things get. Before you know it, your house is engulfed in clutter, and you can’t find anything. Sound familiar? Well, it’s time to break up with your clutter once and for all!
(CLICK HERE to Read More)January 19, 2023
What the heck is BRRRR? And, no, we are not referring to “I’m so cold”. You may have heard this term being thrown around a lot lately. You will find it to be a popular technique for buying rental properties. It is a real estate investing strategy that anyone can use to add properties to their rental portfolio – even if you are new to investing!
(CLICK HERE to Read More)Join our mailing list
Subscribe below to receive email notifications when new blog posts are published.
Mary Jo Whelan is a leader in the field of residential property rentals. She owns and runs a property management and renovation company in Baltimore.
Mary Jo started with no money, college education, or job. From these humble beginnings, she has grown her company to manage over 100 rental properties and manage over 50 rental renovations a year.
She co-facilities a monthly landlording strategy meeting for a local REI group and is the past president of NAPRM, National Association of Residential Property Managers.
Mary Jo is also the founder of Lucrative Landlording for Women, an exclusive community for success-driven women landlords. Lucrative Landlording provides an elite coaching program, masterclasses, and networking events designed to help women landlords maximize their cash flow and keep high-quality renters.
Mary Jo is passionate about helping women landlords succeed in the field of landlording, secure their financial future, and create generational wealth.
In her spare time, she enjoys practicing techniques for furniture painting, gardening, and traveling. And yes, just for fun, she actually jumped out of a perfectly good plane.
Mary Jo Whelan is a leader in the field of residential property rentals. She owns and runs a property management and renovation company in Baltimore.
Mary Jo started with no money, college education, or job. From these humble beginnings, she has grown her company to manage over 100 rental properties and manage over 50 rental renovations a year.
She co-facilities a monthly landlording strategy meeting for a local REI group and is the past president of NAPRM, National Association of Residential Property Managers.
Mary Jo is also the founder of Lucrative Landlording for Women, an exclusive community for success-driven women landlords. Lucrative Landlording provides an elite coaching program, masterclasses, and networking events designed to help women landlords maximize their cash flow and keep high-quality renters.
Mary Jo is passionate about helping women landlords succeed in the field of landlording, secure their financial future, and create generational wealth.
In her spare time, she enjoys practicing techniques for furniture painting, gardening, and traveling. And yes, just for fun, she actually jumped out of a perfectly good plane.
The content presented in this blog is provided for entertainment and educational purposes only and does not constitute legal or other professional advice on any subject matter. Lucrative Landlording provides information it believes to be accurate, however, Lucrative Landlording makes no representations or warranties about the accuracy or completeness of the information contained on this blog.
