The Beginner’s Guide To Owning Rental Property

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Disclosure:

Remember that this material is intended to provide you with helpful information and is not to be relied upon to make decisions, nor is this material intended to be or construed as legal advice. You are encouraged to consult your legal counsel for advice on your specific business operations and responsibilities under applicable law. Trademarks used in this material are the property of their respective owners and no affiliation or endorsement is implied.

Thinking of purchasing rental property? When it comes to purchasing your first rental property, there are a number of important factors to consider. From shopping for a property and choosing a prime location, to buying and financing, and from choosing which areas to remodel and upgrade to knowing how to properly screen a tenant, these are just a few of the steps you should take to acquire a healthy rental property. 

Beginner's Guide To Owning Rental Property [INFOGRAPHIC]

Now that we have discussed some factors to consider when it comes to purchasing your first rental property, the next step is to become a landlord. One of the first steps you’ll need to take as a new landlord is to learn how to properly screen applicants and find the right tenants for your rental property.

With TransUnion SmartMove, you can obtain this information from a trustworthy source in a matter of minutes. By getting better information about potential renters, you’ll make more informed decisions and find great tenants.

Know your applicant.

invisible renter
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Additional Disclosure:

Remember that this material is intended to provide you with helpful information and is not to be relied upon to make decisions, nor is this material intended to be or construed as legal advice. You are encouraged to consult your legal counsel for advice on your specific business operations and responsibilities under applicable law. Trademarks used in this material are the property of their respective owners and no affiliation or endorsement is implied.