While renting to new tenants is a frequent and ordinary task for every landlord, the unfortunate truth is that many landlords continue to get it wrong. A properly organized and systematized rental process that considers the needs of particular tenants can be the gateway to rewarding personal relationships and successful rental transactions, but a faulty rental process can be the opening to lawsuits, lost income and depreciating property value. In this article, we will focus on some of the wants and needs of retired (older) tenants, and one particular nuance when it comes to income verification. Renting to retired tenants can be trickier than you think! Read the rest . . .
