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Most landlords know they’re supposed to check income before signing a lease. Fewer actually do it right.
There’s a big difference between glancing at a number on a pay stub and actually confirming that the person in front of you earns what they say they earn. If you’ve ever wondered
If you own a rental property and you’ve ever approved a tenant based on gut feeling, you’re not alone. We hear this story constantly. Someone seems great in person, they hand over first month’s rent in cash, and you figure it’s a good sign. Then month four rolls around and the rent stops coming.
That scenario is exactly why
Most landlords understand that screening matters. Fewer realize how much a single bad decision at the application stage can cost them. We’re talking $3,500 to $5,000 in eviction costs, lost rent, and turnover, and that’s a conservative figure for Utah. The worst cases we’ve seen run closer to $7,000 to $12,000 when property damage enters the picture. So before you hand over k...
Most landlords don’t think about Utah’s landlord-tenant laws until something goes wrong. A tenant stops paying rent. A security deposit dispute lands in their inbox. Or they find out the hard way that changing the locks was illegal. By then, the damage is already done.
If you own rental property in Salt Lake City or anywhere in Utah, this is the stuff that keeps you ou...
Most rental property owners we talk to know their mortgage payment and their rent amount. That’s about it.
They’ll tell you their property is “cash-flowing great” because $1,800 comes in and the mortgage is $1,200. The math feels good. But ask them what they netted last year after maintenance, vacancy, management fees, and HOA dues, and you get a long pause.
Tha...