The WILMOTH Way

Information for Non-Occupant Residential Owners

How To Find Committed Rental Applicants

One of the most difficult parts of being a landlord is finding qualified, committed rental applicants and converting them to tenants.   Significant time is spent to determine if an application can be approved, and then actually getting a lease signed.  The really...

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What to Expect In An Eviction

When the lease was signed, these new tenants seemed the least likely to be involved in an eviction.  Yet, on that crisp Monday morning, it was time to enforce a Judge's order returning possession to the owner.  With a Sheriff issuing the orders, the family was ordered...

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Pre-Qualify Applicants With 12 Simple Questions

One of the biggest time wasters for property owners is trying to lease their properties.  It should not be that way.   The reason the process is so painful is that we are naturally predisposed to not play detective.  To stop the time suck though we need to play...

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What Is Your Rental’s Occupancy Limit?

Your rental’s occupancy limit must be the set based on a review of factors that consider physical aspects of the property while not violating any Fair Housing issues and local ordinances. One thing is clear when it comes to determining occupancy limits. Your rental’s occupancy limit is much more complex than a simple two person per bedroom guideline.

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Prepaid Rent-Why It May Disappoint An Owner

Recently we experienced an unusual request from a new tenant. A young couple had been given funds from a Grandparent that was to be used for rent. The Grandparent had requested that the funds pay for a year of rent. The reasons for making the request were entirely personal. From an accounting perspective, funds paid like this are called “prepaid rent.”

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Who Are These Pests?

Maybe the better question is what are these pests? No..I am not talking about your non-paying, soon to be evicted, tenants! I am referring to the spiders, roaches, and God forbid termites, that might be hanging around your rental home. Worse yet, your tenants are not telling you about these pests because they assume you won’t do anything.

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How To Avoid Bad Tenants

If there is one thing that a rental owner wants to avoid it is bad tenants. Leaking toilets? Broken furnace? These are easy to fix compared to the pain a bad tenant can cause.

As a manager and owner, avoiding bad tenants means never letting them move into my property. There is another side of this issue though and it involves the tenant who becomes a bad tenant. Those situations are the ones that are more challenging. Creating structure so a tenant does not become a bad tenant is crucial.

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How To Avoid These Mistakes In a Move-Out Inspection

Many owners, and tenants, have the idea that a move-out inspection with the departing tenant is a good idea. In reality, it may benefit the tenant..but only if the owner or their representative makes some mistakes that later can be used against the owner. Invest a few minutes to learn how to avoid these mistakes, and the ensuing battle over a security deposit.

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WILMOTH Group

Specialists in non-owner occupied residential real estate since 1994.

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