3 Options Realty, LLC

April 2011 - Posts

• Tenant Bankruptcy in Property Management

  What will you do when you receive a bankruptcy petition notice on one of your tenants, panic? No need to do so unless the rent is in arrears or if the tenant is pending dispossessory. If you do receive notice regarding a tenant that is paid up, the bankruptcy Read More... Posted Thursday, April 28, 2011 12:00 PM by 3 Options Realty | 0 Comments Filed under: real estate, tenant. landlord, property management, rental property, professional property management charges, bankruptcy, eviction

• Handling Rental Property Security Deposits Properly

  Now that you have collected the security deposit, what can you do with it? Can you spend it? Do you have to keep it on deposit? If so, can you draw interest on the value? And why won’t the professional property manager let you hold the funds? If Read More... Posted Tuesday, April 26, 2011 2:10 PM by 3 Options Realty | 0 Comments Filed under: real estate, tenant. landlord, property management, leasing, rental property, selecting property management companies, rental property applications

• Qualifying Tenants for Rental Homes

  Probably one of the most vital functions of property management is the tenant applicant screening process. There is no guarantee that doing a thorough character review will assure a quality tenant, but it is certain that not doing it invites headache Read More... Posted Friday, April 01, 2011 12:22 PM by 3 Options Realty | 0 Comments Filed under: real estate, tenant. landlord, property management, leasing, rental property, professional property management charges, differentiating property management comapnies, how to screen rental prospects, tenant screening, rental application qualification, rental property applications, application process