More and more I`m noticing sellers who have listed their “Homes For Sale” looking at other marketing ideas in insuring that they`re property is either sold or at least the mortgage is covered. There aren`t too many people out there who are able to afford the luxury of two mortgages per month, therefore we`re noticing new and innovative ideas that are a least a solution to a slow market.

Renting out you`re home to a “Qualified tenant”. There are several ways to insure that the person whom you`re renting your is capable of paying the rent each month.

Many potential landlords are afraid to deal directly with the tenant. We offer our “landlords” the ability of having the best of “Both Worlds”. Our job is to make sure we ask the following questions to the prospective tenant.

1- Two Months of Pay stubs.

2- Last known address.

3- Name, DOB, Social Security number,Drivers License.

4- Use http://www.fdle.state.fl.us/. This is a terrific data base and a wealth of information as a deciding factor.

5-Pet deposits of $250.00 Non Refundable.

6- Having someone manage your property.

Many people have a major problem dealing with tenants. Its important from the start of the lease that you have a capable “property manager” who understands that the collection of rent,repairs and the overall maintenance of the property is done to your standards not the tenants. I normally have the landlord leave 12 A/C filters with the home so that the tenant knows that each month the filters need to be changed. This insures that the A/C is properly maintained. I also place a clause on the lease that allows the property manager to be allowed to visit the home each month to see if the property is kept in good condition.

rgain, with the new “Property Tax” laws being discussed in Florida many now feel that 2008 will indeed be a stronger market than this year. For those who are looking at gaining on the market for next year, renting out your property does make sense!

By: Scott Daniels

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