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.