Renting out a property comes with responsibility. In addition to local, state, and federal fair housing laws, there are also the Pennsylvania Landlord Tenant Law, zoning ordinances, building and property maintenance codes, and rental licensing requirements, all of which must be adhered to. You should understand and address all of these requirements before you begin screening potential tenants. Here is a brief overview of some important things you need to take care of before you rent out a property.
Before Listing Your Property
Depending on where your property is located, there may be local zoning restrictions on rental properties. Some zoning ordinances set maximum limits for the number of rental units that can exist in a building or the size of each unit.
You are probably familiar with the adage “an ounce of prevention is worth a pound of cure.” This adage can be applied to tenant screening. Every landlord wants to find tenants who will pay rent on time and maintain the property in a clean and sanitary condition.
Before Tenants Move In
Before the tenant moves in, set up a day to meet and go over the lease agreement and house rules. Provide the new tenants with a move in letter which highlights your phone number and emergency contact information