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Investment Real Estate >Tenant Tips

When you buy an investment property, finding and keeping a tenant is very important. It's been said that a little caution during the screening process can save a lot of headaches later on.

You can rely on an intuitive sense of how a prospect feels to you. While this is an important aspect of a landlord's decision-making process, following up on your intuition by checking on the facts is definitely worthwhile. Have prospective tenants fill out an application giving employment references and the names and addresses of previous landlords. The application should also include written permission for you to run a credit check. In most areas, it is difficult and expensive to evict someone who turns out to be less than a model tenant. Only after you check their references and credit history should you allow them to move in.

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Q	What is considered one of the few remaining tax shelters in the 1990s?
A	Homeownership--property taxes on a residence or vacation home are deductible up to $1 million.
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Carol Tangorra, REALTORŽ, real estate agent and broker for Montclair, Nutley and Verona New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Carol Tangorra
Schweppe Burgdorff ERA
736 Valley Road
Upper Montclair, NJ. 07043
973-233-2348
Cell Phone: 973-420-5650
Fax: 973-744-7679
Email: CarolTangorra@NUMBER1EXPERT.com
Carol Tangorra has been a successful Real Estate agent for more than 21 years and was Named 2002 Realtor of the Year by the West Essex (NJ) Board of Realtors. In 2000, she was awarded lifetime membership in the NJ Association of Realtors Circle of Excellence for consistent sales in the multi-million dollar range. Carol has consistently ranked among the top 2% in sales of all Realtors in her board area, which includes Montclair, Nutley, Verona, Glen Ridge, Bloomfield, Essex Fells, Cedar Grove, Livingston, West Orange, South Orange, Maplewood, and the Caldwells. Carols professional credo is The customer comes first! I believe that knowledge, experience, and enthusiasm are the most important qualities a Realtor can have. I look forward to sharing my expertise with each of you, says Carol.

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