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How to avoid common Property Management Mistakes
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[QUOTE="Alexandoy, post: 199922, member: 25510"] I think the screening of tenants is mandatory in every rental because that is the most crucial when it comes to the payment of rental. The capacity to pay the rent is always the first question that in our country it is required to show the annual tax return for the proof of income. For the commercial rental the kind of business is checked together with the permits to operate. Other than that there is also the number of persons to occupy the place for the residential and the number of staff for the commercial tenant. Now, it makes me wonder why the screening of new tenants will be bypassed. That is a grave neglect on the part of the property manager. Regarding the enforcement of the late rental payment policy personally my take on this issue is consideration. It is all right to be late for half a month and even for 1 month but there must be a valid reason. For being late due repeated financial problems then that tenant would be a candidate for eviction. [/QUOTE]
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