When a landlord rents to a home-based business, he must consider different factors than a regular tenant.
Without policies regarding rent collection and tenant behavior, a landlord will find it difficult to win an eviction in court. Use policies and procedures to inform your tenant of your expectations.
A security deposit is money held in trust by a landlord in the event a tenant owes him for apartment losses over the course of a tenancy. Tenants need to understand the legal use of a security deposit in order to ensure its return upon moving out.
A landlord needs the rent to maintain an apartment building. As rent comes from tenants, keeping his property filled is important. When a tenant gives advance notice of a move-out, it allows the landlord to plan for re-renting the apartment.
When you have lost money because of a bad tenant, consider it a learning experience. Don't give in to pressure from rental applicants. Take your time renting out your vacancy the next time.
An apartment may look good online or well described in a ads. Yet, it may be quite a difference in person. A future tenant should look carefully at the apartment, building, and neighborhood before signing a lease