How to Find the Best Tenants Using a Professional

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					How to Find the Best Tenants Using a Professional Residential Property Management
For a real estate investor a good long-term tenants is the difference between a profitable deal and a headache most new real estate investor can not
even imagine.Having an experienced property manager assisting with the interviewing and review process of potential tenants is critical to the
success- and peace of mind- of leasing a residential property. A professional residential property management company will have the tools and
resources to properly screen a tenant pool to ensure the most responsible and reliable tenants are selected.Most property owners have a lot to lose if
the investment does not work both in term of financial impact but almost more importantly in the time commitment it requires to cure mistakes. If the
wrong tenants are selected, the Owner is potentially left with unpaid bills or excessive, unnecessary house calls or even worse, damage that will
require extensive repairs. A qualified residential property management firm will have minimum standards for tenant qualifications to help mitigate any
potential risk for these adverse tenant issues. These standards typically have been established through historical evaluations of successful tenant
relationships. These tenant qualifications standards can involve anything from credit scores, to employment history to reference feedback from
previous rental contracts.The time savings a residential property management firm can provide to a property Owner is extensive. An effective
residential property manager will know exactly where to post advertisements seeking qualified renters. The residential property management firm
almost certainly has pre-existing processes for screening tenants, seeking reference information and reviewing the property with the potential new
tenants as well as having a prepared leasing contract that can be modified to accommodate any specific terms set by the property owner. These are
the skills the average investor would have to learn and be very good at to simple lease their own property prior to being able to lease their property.
The cost advantages and time savings accrued from working with an experienced residential property management firm will assist an owner with their
real estate investment. There are many benefits to contracting with a residential property management firm, including optimizing the outcome of the
investment with high quality tenants which will improve the overall experience for a property Owner as well as increasing profits and minimizing the
required time investment.We will tell you that once you have a spent a lot of money on your real estate investment it is no time to get cheap and save
a few dollars by trying to manage yourself - let a professional property manager oversee your investment.

About the Author
        Mike Lautensack is the owner of Del Val Property Management LLC, a FULL service residential property management company located in
Philadelphia, PA. Mike advises real estate investors how to build wealth and financial security through hassle-free ownership of investment real
estate with their "Total Property Management Program". This proven management system allows owners to enjoy the financial benefits of cash
flow, tax savings, and wealth creation while it GUARANTEES you will never receive a late night emergency call, deal with a lengthy eviction
proceeding or ever have to interact with an irate tenant. To inquire about our services, or get a FREE estimate, please visit