Checklist for Renting a Home from National Realty Investment

Advisors, LLC

Rent out your investment home the smarter way. National

Realty Investment Advisors, LLC provides these tips to help you

safely rent your house. Get maximum rental profits from your

new income property by following this checklist:

Short Listing Tenants

Make sure you rent the property to tenants with proven stable

employment and a good credit history. Verify employment and

pay stubs, get a “tri merge credit report” authorized by the

tenant and run full credit bureau reports.

Identity Check

• Pay for a background check and eviction history.

• Make sure the ID is real and matches up.

• Run a thorough identity check during tenant screening.

Thorough Paperwork

• Get everything in writing with a written lease, terms and

conditions required. Have legal counsel obtain a good

standard lease document to protect you.

• Hand over the apartment keys only after all the certified

check deposits have cleared, and the legal papers and

contracts have been signed.

Security Deposit

• Don’t rent a property without collecting a minimum one

month security deposit – regardless of credit quality. You

need that for damage repair or back rent regardless.

• Make sure the lease defines all items security can be

charged for.

Regular Repairs

• Keep your property in the best shape by undertaking

routine maintenance checks and repairs.

• Proper maintenance and upkeep will get you better rents

and keep you in a stronger position.

• Make sure tenants sign in writing for a “100% working and

all systems operable” home when they move in and agree

to repair and maintain the systems and home in good

working order other than normal wear and tear.

Insure Your Property

• Insure your property to deal with any structural, accidental,

fire or theft damages.

• Insurance will protect you from lawsuits so include Loss of

Rent coverage for any period the home is ever damaged and

liability coverage.

Add Important Clauses

All perils of fire, theft, damage should be included with loss of

rent coverage. Include at least a $500,000 liability coverage per

home. Check your primary carrier for additional umbrella

coverage.

Prepare for Additional Work

• Maintaining a rental property will add additional chores in

your to-do list such as rent collection calls, repairs, and

tenant assistance.

• So, if you are going to manage your rental property on your

own, make sure you have the time.

Planning to buy another home to rent out?

• If you are thinking of another real estate investment, then,

you should know about the best proven property

opportunities and investment trends in the market.

• National Realty Investment Advisors, LLC is changing the way

high net worth individuals invest in real estate with its

absentee owner safe high return property selection and

management system.

Hassle-free Property Investment

• National Realty Investment Advisors, LLC has simplified real

estate investment by eliminating the need to “go it alone” and

search for property opportunities, develop them, close on them

and then tenant, maintain , and project supervise them by

yourself.

• The firm has made real estate investment super easy with its

proven property investment plan that takes the headache out of

real estate investment properties and managing tenants.

Consult with National Realty Investment Advisors, LLC

Since 2006, the professional team of NRIA has specialized in:

•Pre-rented investment homes in prime locations.

•Secure and long term investment returns with over $100,000 of

built in equity per property guaranteed.

•Superb Client support and financial management.

Call National Realty at 201.210.2727 to speak with real estate

investment manager.

Contact NRIAWebsite: http://nria.net/Twitter: https://twitter.com/NationalRealty_Facebook: https://www.facebook.com/pages/National-Realty-Investment-Advisors-LLC/439519179451414