No landlord would ever want to deal with tenants who don’t pay their rent. But with the global economic meltdown, as well as, a general increase in the tendency to default on rent payment, it has become more important than ever to make a background check on renters.
Avoid Rental Property Horror Stories
With today’s growing trend towards rentals, an increasing number of property owners are becoming landlords for the first time. The promises of real estate riches and passive income from cash flow abound. But let the new landlord be advised that the “simple” process of owning rental property can be fraught with financial and legal risks.