Homes For Rent By Owner in Lakeland FL are no less expensive than managed properties in the long run. If you are searching for homes for rent by owner there are only a few different reasons why. Usually it is just because you are having difficulty finding the right property. Other times it is because of a problem in the potential tenants past.
A great way to deal with home searching is work with a specific Realtor. Have them alert you the day the right home hits the market and view, then apply for the home asap. Before you apply make sure your credit score is good, rental history is good and you have 3x the income that the rent will be. Do those things and you have an excellent chance.
Dealing with a professional management company is by far the preferred and least stressful way to rent a home. There are actually Fair Housing Laws to protect tenants that home owners may not have to follow if they manage the property their selves. If you want to make sure all of the laws designed to protect you are followed then only rent through a company.
Your Security Deposit and last months rent. Yet another reason to avoid homes for rent by owner. Once again these deposits are highly regulated by the state. They have to be handled according to very strict laws and the private landlord may not even be aware of them. In fact the person receiving rent may not even have legal authority to be renting the home. All of these things are addressed by a professional property management company.
Not all but many tenants looking for homes for rent by owner have bad credit, bad rental histories or criminal backgrounds. Once again with assistance and a little effort on the tenants part most of these issues can be brought up to an acceptable level or worked around. There are some very interesting tenants who search through the for rent by owners. Trust me I have dealt with more than a few. We perform thorough checks on all tenants who apply for your home. No exceptions and no stone goes unturned. We do our best to provide the highest quality of service to our landlords. Don't go the route of homes for rent by owner in Lakeland FL