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Rental Property in the San Antonio Area-Time and Costs To Expect For the Tenant Move In Process

 

San Antonio Area Time and Costs To Expect For the Tenant Move In Process

Let us look at what the process of moving people into your investment property should be. At the beginning of this process you should obtain a state compliant lease for your rental property.  Make sure you have read and fully understand your lease and all of your and your renter’s responsibilities with regard to the lease.  Your new renters will look to you for explanation of the lease and key terms and dates will need to be clear and concise. This lease signing time will also allow you the opportunity to set “house rules” with regard to items not specifically spelled out in the lease such as city noise ordinance times, changing of filters and lightbulbs, maintenance responsibilities or any special neighborhood or Association rules.

Once the lease is signed, a move in evaluation should be performed with the resident noting any items that are damaged (whether or not they are going to be repaired should be noted), and condition of the home.  This is a good time to note make, model and serial numbers for appliances and size and number of filters and batteries needed for future reference. It is also a good idea to make sure the renters know where the breaker box is, where the water shut off is and how to operate sprinklers, garage door openers etc. Depending on the size of your rental property, and how thorough you are, this process should take approximately two hours of your time.

The last step in this process is to actually give a set of keys and all other openers to the home to your new residents. Extremely important to note is to not release keys until the lease has been signed, monies due are collected and the walk through evaluation has been completed as the exchange of keys signifies change in residency. Make sure to give them the contact information for the utility companies prior to lease signing so that you can ensure that the accounts are all set up when passing the keys to them. Once this exchange takes place, you no longer have the right to come and go from your rental home but must give your new residents the state mandated notice before entering. Make sure the new residents have the means to reach you in case of emergency and know where and when to pay the monthly rent. Give a handshake and a smile to welcome them to the neighborhood.

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