It’s interesting that with the increase in home foreclosures today, the number of apartment dwellers has increased tremendously. Obviously when people lose their home they still need a place to live, so many have found that owning an apartment building has turned into a sound investment in the past few years. But of course there are many concerns that a landlord or prospective landlord might have when it comes to their renters, and many laws that dictate who you may and may not turn away when it comes to leasing in your apartment building. What can you do and what should you look for when it comes to prospective tenants?
First keep in mind that while you cannot turn someone away because of the color of their skin, their age, or their ethnicity, this doesn’t mean that you need to accept just anyone that applies to live in your apartment building. A credit check should be performed on anyone and everyone that applies, and any red flags you see or that just don’t sit well with you should be a warning sign.
For instance, have they consistently moved from one apartment building to another? This isn’t necessarily […]

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