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Updated over 8 years ago, 06/28/2016

User Stats

5
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0
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John B.
  • Sumter, SC
0
Votes |
5
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New to being a Landlord Sumter, SC.

John B.
  • Sumter, SC
Posted

Hello everyone, I'm looking to close on my 1st rental property. I have some small work I need to do before putting this property on the market as a rental. A couple of questions I have are where can I get some good info on being a landlord? I'm considering signing up on Landlord.com for a trial membership. Here is some ideas and experiences I thought I would apply as far as the contract: 

$50 application fee (rolled back into 1st month rent if accepted) what source do I use to conduct background check/credit check? Also require two recommendations

Gross Pay must be 4 times that of monthly rent example: $1000 month rent = $4000 monthly income (must include last 3 pay stubs w/application)

Deposit &1st Month Rent in two separate money orders then can accept checks after that (should I offer a 3% discount for allotment/direct deposit?)

No indoor pets preferable ($250 pet fee no refundable & additional $25 month?)

Absolutely no smoking of any type indoors.

Some services I thought I would offer to attract tenants:

Furnished washer/dryer/fridge/oven

Trash pickup 3 times a week (So I can keep an eye on the place) do you agree or going overboard?

Lawn service once a week (I mow the yard myself, take an hour of my own time)

Just a few ideas to the whole scenario what do you guys think or suggest? Am I headed in the right direction and being smart going about this? What else am I missing out or should consider? Thanks!

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