Tenant Move In Process For Park City Property Management
So you've put in your elbow grease getting your long term rental in Park City ready to rent. You've had a few tours and found an interested party. You had them fill out an application, ran a background check and spoke with their previous landlord about how they were as tenants. Everything looks good so you take a deposit and the next step is to hand them keys and start collecting rent right? Wrong. You've missed out on one of the most important steps in running a successful Park City property management business, the tenant move in process.
Start With A Checklist
Ideally you should put together a checklist for yourself to make sure the process is consistent and repeatable for every tenant, whether you own on property or one hundred. A checklist should contain standard things like house rules, lease signing, deposit collection, key check out, and a move in sheet with utility company phone numbers. You can also get property specific if there are certain things that your tenants should be aware of like heat tape, swamp coolers, hot tub maintenance, etc. Most of our properties have water softeners so we make sure the tenant is aware of how to check the salt level and keep it full. When you are putting your checklist together take some time to think about the important components of a tenant moving in and include those items in your list.
Review The Lease
Go over the terms of the lease with your tenant and provide them with a copy. Make sure they are aware of any charges or fees that apply should they violate the terms of the lease. Explain things like late fees and when rent is due. Some people go to the extent of reading the lease to the tenant, if you feel this is necessary then by all means do so. Make sure you are using a lease specific to your state and not just something you pulled of the internet. Unless specified in your lease there are certain terms and statutes that apply in different states so make sure you are an educated landlord. There are many places you can get the information you need for Park City property management so remember an internet search is your friend.
Perform A Walkthrough
Do a walkthrough with the tenant to make sure they are familiar with the property and any existing damage or conditions in the property. They don't want to be charged for a stain they didn't put in the carpet and you don't want to charge them for it either. We also utilize a move in sheet that contains prices for items left dirty or damaged. This way the tenant knows exactly what they are responsible for up moving out of the property. We allow our tenants a little time to return the move in sheet, usually a few days. This way they are able to make note of any damage as they become more familiar with the property as they move in and get settled.
If you would like more information about handling loud, partying tenants, or further information about Park City property management in general click the link below for a free consultation. You will receive valuable information specific to your property that will help you make an informed decision. You will also receive a free, no-obligation quote on our property management services. At CC Realty we specialize in making investment property ownership a trouble free experience. Please contact us today for your free consultation.
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