The TOP FIVE WAYS to increase your CREDIT SCORE over the next year: Instant Tenant

If you want to become a first-time home buyer one of the things that you will definitely need to establish is credit. If you don’t have a good credit rating or you haven’t had much time to build credit it may be wise to start renting a property from a reputable company like First Coast Rental Management in Jacksonville, Florida and work on building some of your credit up so that you can one day purchase a home. Here are some of the TOP FIVE WAYS that you can work at BUILDING UP YOUR CREDIT RATING to qualify for the best mortgage or home loan.

1.DISPUTE ANY ERRORS on your credit report: If there are any potential errors on your credit report you want to negotiate right away. A small error on a credit report could be all that’s holding your credit back and if you are able to negotiate with your credit card company they could potentially erase some of the debt that they want for collection which can increase your credit score.

2.GET A CREDIT CARD: If you have little to no credit then you need to have at least one credit card so that you can start building credit. Take a few months and use your credit card as you would a debit card paying off the expenses very quickly so that you don’t incur any interest. Be sure to get a credit card from one of the more reputable vendors or traditional credit card providers and most importantly, keep your balance under 30% of the available credit given at all times. This will make it seem like you know how to manage your money well.

3.RAISE YOUR CREDIT LIMIT: If you can increase your credit limit to a higher rate this means that you can not only build credit faster but also produce a greater credit rating. See if you can bump up your credit limit even just a little bit especially if you are regularly carrying a balance. Carrying a balance above 70% of your credit limit actually works at lowering your credit rating. Again, this is why it is best that you never charge more than 30% of your available credit.

4.DON’T CLOSE OFF CREDIT: By closing off credit cards your credit can drop considerably. One of the best things to do if you are planning on getting rid of a credit card is to use it to pay utility bill. This way the card stays active and building credit and you don’t have to experience any decreases.

5.ALWAYS PAY YOUR BILLS ON TIME: If you are planning on buying a house as a first-time home buyer always pay your bills on time. This means rent for properties managed, cable bills, phone bills and more. It doesn’t take long before your credit will start to nosedive with a few missed bills.

Crucial First Impressions : Instant Landlord

Landlords seeking to rent properties should have them ready to rent when the prospective lessee walks in the door! It is critical that the property be in good shape when the FIRST meeting happens. If the property is in poor condition the first time an interested party views it, then they will leave believing that the property will be managed in the same neglectful way. There are several important factors to having a property ready to be viewed by potential renters. The overall idea is that it be ready to rent when they first set foot on the premises. Other considerations are
1. that the property be clean,
2.that it smell good,
3.that there be a nice lawn with new mulch,
4.and freshly steamed carpets.

Ready to Rent

Other things to consider:
The property must not have loose boards, unfinished drywall, disconnected piping, torn up carpet or unfinished floors, noticeable defects in the ceiling or walls, missing lightbulbs, scuffs on walls or any other such problems. The property must at least be in its finished state, ready to be furnished and moved into.

Cleanliness

The property must be very clean. Cleanliness is important to new renters, and a dirty apartment could easily drive away prospective profits. After all, an unrented property constantly consumes resources without a return. The inside of the house or apartment should be spotless. The walls should be free from marks or smudges, the space behind the stove scrubbed free of food waste, the ceiling should be clean, and there should be no cobwebs in the corners or roaches on the floor. In general, the house should be thoroughly cleaned in all respects before the renter arrives to see it. Just explaining to them that you’ll clean it later will leave a bad impression. The property should also smell good. It is not necessary that you spray a lot of air-freshener as that may even give the impression of masked odors. A simple fresh cleaning and $4 plug in works miracles! Just clean the property thoroughly, air it out, and the smell should be fine.

Freshly steamed carpets are also a must.

If the carpet is dingy, and full of stains, the overall feel of the apartment will be one of shoddiness and disrepair. Even if everything else is clean, a repulsive carpet will repel renters.

Lawns

The area outside the premises must also be well kept. The lawn of the property, if there is one, must be neat, clean, and free from garbage and other debris. It must be recently trimmed, and the lawn care must be professional looking. If the lawn is cut, but there are grass clippings all over the sidewalk, it will be an indication to the renter as to how you manage your property. The state of mulch is also important. If the property has old mulch, it can exude a run down feel. If you are going to have a mulched landscaped area, then refresh the mulch to keep it looking neat. This, along with the $4 plug in mentioned earlier, is a great wow factor for very little money.

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