Cleveland has gone through a major transformation over recent years, and we’re not just talking about it finally becoming an official City of Champions in sports circles. Real estate has taken notice to the growth of interest in Cleveland, Ohio—and you should, too. There are numerous reasons why this city is so attractive to real estate developers, but we’ll give you a few of the biggest reasons why people are moving in, and staying.
We, at All County NEO Property Management, pride ourselves on the caliber of property managers that we hire. Below we have listed the 5 traits that we consider to be necessary and present in all the managers in our organization.
7 Credit-Related Deal Breakers for Renters
To kill an old myth, let’s begin with you must have immaculate credit for a landlord to consider renting to you. This is actually not true. You don’t have to have immaculate credit to rent a property, but there are certain negatives that will frequently cause a rejection.
Landlords will usually reject an applicant who has had a car repossessed, or credit cards and/or utility accounts which have been charged off due to an unpaid balance. Mistakes such as a single late payment on a current account will, generally, matter less.
Renting your first apartment is both exciting and intimidating. It is a really big deal – big enough to make your head spin. Here is a list that we’ve put together to make this an easier task for you.
You’ve invested in your first rental property. If all goes well, you will now have an increase in your monthly cash flow, and will build long-term wealth. You’re excited and confused. What do I do now? How do I get the right tenant? How do I have the time to do all that I need to properly manage my rental property? I want to avoid errors made when managing a rental property, and I want to focus my time and attention on running a successful real estate investment business. How do I do that? The answer is, you need to hire a property management company.