Utah Income Property

Looking for property for sale in Utah? One Utah Realtor's experiences, observations and comments about Utah income and rental property.



Sunday, April 24, 2005

Utah Home Sales Prices are UP (Good News)

Reports show first quarter home sales prices up 8.1% and volume of sales up 17.9% over first quarter last time in this article from the Salt Lake Tribune.

...I hope this means we move out of last place nationwide for home value appreciation...

Tenant Screening

This time I really feel that I've treated our new prospective tenants as if they're applying for a job. For me it's just as important, and I haven't felt wierd doing that since they have the same type of critical eye towards the home. They inspect it and make sure it fits their needs, and I return the favor.

We've just found a couple that will work out great. They've got 4 kids (it's a big house) and he's just returned from Iraq.

The tenant application we use asked about pets, but didn't ask about cigarettes. We lucked out and the tenants who're moving in aren't smokers, but it could have been a waste of their time to find out that they later were smokers.

Remember, if it's not a protected class, you're welcome to be as careful as you want to. One should never discriminate over such irrelevant items as race, religion, age, etc., but that doesn't mean that you have to rent to someone that isn't able to demonstrate that they'd make a good tenant.