Kentucky Real Estate Business

Posts Tagged ‘Money’

The desire and dreams are illusions for a sect of society, and they keep faith on what they are actually seeing in front. I am not going to argue over anybody’s individual belief system but you can get references from history about how some great people desire for something and then made it a reality, with their efforts and optimism. You can apply the same logic to your own goal setting and I think Real Estate Investment can be a very good choice for you to work hardly on. Here you have the facility of Private Money Loans for everyone who wishes to enter into this world of practicality and desires being fulfilled.

Private Money Loans are actually funds provided by Private Money Lenders, and these guys are giving out their own money for the sake of investment in the business of their clients’ means borrowers. They are simply offering different types of loans and ask them to select any good domain. Like some people are more interested in getting some old houses at very cheaper rates and then doing all the overhauling and rehabbing for the sake of reselling. You have to make sure that you are doing a right kind of deal and this could easily be learnt from a professional investor, who is doing this business for a couple of years. You can get guidance and even become a free assistant of such a person.

Most of borrowers and especially the new ones in this sector make some common mistakes like attaching too much importance to their own likings and disliking, which is not by keeping the real marketing factors in focus. Then they make an over-budget of their repair work by looking for too many changes and to make it too costly. There is another great mistake that comes with getting Private Money Loans and using the funds for purchase and fixations. Then at the next phase of reselling or flipping that same house, they are more into placing high price tag without even comparing their own property with others available for sale. Here comes a twist in the whole tale as their property may be liked by many potential buyers but rejected due to higher price tag.

Therefore it’s not all about getting Private Money Loans from some good lenders, and then doing fixation for the sake of reselling. But it actually materializes with the fact that you have placed a right price tag with it too. You are going to get reasonable amount of profit after your purchase price and repair cost is deducted. I have to tell you an important fact that properties remaining for too much of time in real estate market without sale transaction, create negative impact on customers and other investors. So, you should have a reality check at what you are doing, in order to get at proper and timely decision. A right price tag would enable your property to be sold out at an earlier time period, and you are made ready for another great deal.

http://www.bukisa.com/articles/487760_enjoy-your-great-leisure-in-real-estate-business-with-private-money-loans

There are lots of confusions that are related with the working and the authenticity of private money lenders. Many people get over an argument as to why these persons would invest their own private money in something that is quite risky. Well! Their point is quite valid but still there is a great misconception that causes the above mentioned query.  Private Money Loans have proved to be a reason for the success of so many people in the whole last decade. Of Course! They are entrepreneurs and they want to earn for their own wealth. So you can’t expect them to invest in something that is not going to pay good at the end.

Most of the private money lenders are the opportunity seekers and they evaluate the risks of investing in a property by the client. Private Money Loans are definitely carrying the high rates of interest but it is all justified as these funds are provided on the sole basis of risk analysis. So we can say that the real estate investors are always looking for better opportunities and they do not get involved in something that seem quite vague, in terms of selling.  You can look at the performance record of the private money lenders versus the traditional lenders, and it comes to your notice that the age old lending institutions are not concerned about the kind of investment that you are putting in buying different houses or commercial properties.

You need to understand the basic operating difference in both types of lenders. Conventional lenders have an edge of verifying the financial status of their clients and they are quite comfortable about their own money and interest regardless of the fact that where their clients are putting the duds. On the contrary, these private lenders are giving out Private Money Loans on the basis of the right selection of the property, by their clients. A good property means one that is going to pay the actual purchase price back, and that can earn profit to the extent of paying back loan with the interest over it. Finally there must be left a good amount to the actual investor for his financial upgrading and evolution.

It is easy to say that the Private Money Lenders are actually under a higher risk as they can lose all their money over a bad property deal. So the evaluation process by the independent surveyors is very necessary for their business. Otherwise they cannot rely on the discretion of their client and feel comfortable that they are going to get back their money in any case. They can’t get involved in legal things like foreclosure of the house when their clients are not going to pay the installments on regular basis. Private Money Loans are all going to work for the clients with good marketing perceptions and the desire to make it a full time career after some success in the field.

http://www.bukisa.com/articles/440975_private-money-loans-are-for-your-great-benefits-in-real-estate-investment

There is so much confusion among people regarding the difference between private or hard money lenders. Actually both terms are used   for the same genre of business. These are the lending agencies comprised of people with their own private money and the term hard money refers to the availability of cash with these lenders. They are not selling their loan for the sake of earning regular income but these private money lenders are actually making investment in your business. It makes them all involved in the risk factors that are associated with the wrong deals of property purchase.

There is a difference in the overall working and the psyche of the banks and the Private Money Lenders. Banks have nothing to do with the kind of properties that you are purchasing, and they won’t give you all evaluation and suggestions. They need their down payments and regular monthly installments. Suppose! Being a borrower, you are not able to pay their installment then they have the legal authority to foreclose your purchased property after sending notices. They can declare you a defaulter and to get their money back from the sale of property in the foreclosure or auction activity.  So there are many hindrances in dealing with the conventional lenders and the convenience is great with private lenders.

Private money lenders have a totally different business approach. They won’t ask you about your financial status, and they would approve loan on the basis of your good marketing sense.  So that causes their great concern over the kind of property that is under your consideration. So they have great love for their clients as compared to the banks. These private money lenders really work and wish for the best of their clients. They are always in touch with their clients as they have to see the whole procedure under their observation. Their own benefit is directly associated with the kind of deals as they are going to get their return on loan amount and interest, and that is all due to reselling of purchased properties at a very good price.

The private lenders are always in urge to secure your investment so they are favoring the good properties. The important thing you must realize here is that private money lenders want to loan you money. But you should know about different categories of private money lenders. There are lenders that offer loans over 0,000. Then there are lenders that are willing to pay loan amount of ,000 or less than that. It is of utmost importance to select private money lenders of your own area and the type of investment, you are interested in. There is a greater possibility for you to select and to get full knowledge of the ground realties of the place where you are actually surviving. You need to look at the property with a neutral eye as to get the whole process done in your favor.  You got someone else that is going to objectively look at the property and see if the property is going to pay well after small or big changes over it.  

http://www.bukisa.com/articles/437119_private-money-lenders-helps-you-in-being-a-successful-real-estate-investor

Save money when renting your apartment.

Finding the perfect apartment is often a challenge. Things to be considered include location, parking availability, security, amenities, size, pet regulations, and so forth. Yet even with all of these things considered, most of them don’t touch upon the most crucial consideration of all: money.

It can be quite easy to save money when renting apartment and I’ll draw from my current experience in an apartment in which I am saving a ton of money while living in a relatively decent apartment.

The first thing to realize is that many apartments rent out based on apartment size and not much else. But what good is a large apartment if you have to heat it, cool it, and fill it with furniture? This leads to one very important way to save money when renting and this is finding an apartment that includes amenities. Now at the very basic every apartment lease should cover the basic rent and at least natural gas if the place has a gas stove and also cold water should be included. But settling for that won’t save you much. More and more apartments offer all inclusive packages including the one I live in currently. It is becoming popular to offer these packages as they allow residents to use all of what is included in the rent as much as they’d like.

For example in my apartment, my rent covers all electric (also the heat/ac is powered by electric), hot and cold water, and up until a month or so ago internet and cable. This is a huge savings in a day and age where most people have computers, electronics, and other devices that use a lot of power. Unlimited usage of included utilities is a great feature and great for people looking for a truly fixed living expense.

Of course many apartments still have utilities as a separate expense, but there are still ways to save money renting in those as well. Some apartments offer furnished options which is like renting your furniture, but often rates as low as 50 dollars a month will fully furnish your apartment with desks, beds, dressers, tables, chairs, and such. This could save you money if you don’t have your own furniture and plan on staying in an apartment under this kind of plan for only a year or two.

Also saving money can also be done in looking at other features included in an apartment complex that may not seem to save money. Parking is one that apartment residents complain about often, so an apartment with free or inexpensive private parking is a good deal. Apartments that offer free (and sometimes small) gyms can save you a gym membership and apartments that are near public transportation can save you money when you commute.

Another overlooked way to save money is to look at the security an apartment offers. Complexes with keyed entries and cameras are often safer and less likely to be robbed. People often overlook getting apartment insurance for their belongings, but a secure complex can minimize the risk of robbery thus saving you from having to replace your belongings. Seriously, people tend to overlook this and go for dirt cheap apartments that offer no security and end up spending hundreds replacing their things.

Perhaps the most obvious way to save money on an apartment and the most classic way to do so is to split the apartment with a roommate or two or more depending on the size. Splitting an 1100 dollars a month apartment with one person means you’ll only pay 550 a month for rent. Just ensure that the fellow apartment resident can pay their share on time every time.

Keep in mind that when shopping around for an apartment, size isn’t always the best indicator of quality. Paying X amount for alot of square feet doesn’t mean anything if the apartment is rundown or if you still have to pay for utlities, find furniture to fill all the space, and secure the apartment. Also ask around and check reviews to see if your potential home is worth the money and a decent place to live; an added bonus to checking reviews is that many apartment review sites offer discounts if the apartment is found through them, usually around a 100 off the first month’s rent.

http://www.bukisa.com/articles/184463_how-to-save-money-when-renting-an-apartment

Human life is full of changing phases and one need to accept everything that flows in a way. There is no need to be all pessimistic and negative if anyone is passing through a rough phase in life. You may never know that your recent failure is an indication for you, to change your course of action, and even your career path. If you are currently not satisfied with your job then you have to make a transition and learn the art of Real Estate Investment. Yes! You can do wonders in this business domain, and here is some of the Best Hard Money Lenders of USA in your own neighborhood. You need to only search for a good one and work with full confidence in this new domain.

Hard Money Lendershave changed the whole face of Real Estate Investment in our country. They are working with a very different philosophy in this field and consider their client’s self esteem and prosperity, as their utmost priority. There is no need to be worried about your running finances, and how you would manage to pay regular installments. You have to consider all things in a way as to feel really bright and confident, and never to believe in something that is going to cause you failure. These guys are carrying their own private money for the sake of good investment by their clients, and they remain in touch with them for the last deal too. They don’t keep themselves aloof like banks from the kind of property investment, their borrowers are making.

It is really up to you to make a good level of research and come with a good property proposal. If your deal is really going to create a good level of profit at end, then here are some of the Best Hard Money Lenders in even your own state. Most of people keep their own aims high and they are surely going to win the battle of finances.  Most of people forget that they have to act on a thorough professional level, while making a business deal and it happens at start of career. Some of properties have that glitz and glamour on looking at first sight, but not well in keeping the marketing perspectives in mind. You need to develop that thorough professional approach and look for something that is really going to prosper you and your lender.

Hard Money Lendersare not going to provide loan funds on deals that are thoroughly invalid. These kind of properties and especially houses look good but never pay you enough. You are supposed to be all consulting your best hard money lenders for getting true outcome of business.  There is no need to be too much conscious about getting RICH at first deal, but you have to be all steady and active in finding good properties, and fight for the best of things. Most of people think of staying in business for long and they are really doing it for greater purpose in life.

http://www.bukisa.com/articles/497090_real-estate-investment-world-is-full-of-best-hard-money-lenders

Article by Ryan G Wright

There are bundles of ideas and thoughts, being floated in everyone’s mind, due to an exposure of many things. People are in fact getting tired of thinking about their declining income conditions, and the kind of pessimism in environment around. Then there is another factor, as the right kind of choices and factors are not focused by many of these people. They have so many chances to grow and explore the world, but their self pity leads them to the darker side of the reality. It is really making them inactive and not able to think on so many fronts.If you are moving ahead in life with proper planning and you are getting a good choice of profession, owing to your qualification and experience, then things are really good for you.But if you feel a slightest chance of disapproval of what you are doing then make a better career choice after getting http://www.dohardmoney.com/””>hard money loans. You can invest in a real estate business, as it has proved to be highly profitable, and it is going to give you results in really short interval of time. You have an Extra Advantage! You are having a chance, to start your property business with Zero Investment. You would not believe on what I say, and may want to counter the subject. But you have to check the data of recent years, as how many hard money lenders have got fame in real estate investment business. It is not a matter of great deal for you to get Hard Money Loans, once you have made up your mind to start this business. Of course! There are some hard money lenders, who may give such non-realistic offers. They may be offering too much of hard money loans, which is quite superficial to the actual grounds. When you are getting such kinds of offers, after your entry into real estate investment business. You have to stay quiet, and search for a lending agency of good repute like Do Hard Money. You have the safety of your investment, assets and of profit too. But you have to decide for one thing, at first, whether you are sure to get hard money loans for investing in residential property. It is highly recommended for you to consider only one factor in focus. You have to make your investment in Residential Properties. Otherwise you may get lost in the real estate game, by making a choice of investments in commercial or development property. The greatest benefit comes for your Financial Stability and Prosperity of Future, by making even a small investment in Residential Property. You have a better profit margin, and you can avail multiple categories of hard money loans like rehab loan, flipping loan, foreclosure investment loan and other things too. There is a great need to improve your future income, by investing in property business with the help of hard money lenders. They are not going to check your financial credentials, for the sake of loan sanction. They also offer a quick service of 7 to 10 days, for the final processing and payment.

http://goarticles.com/article/The-Benefits-of-Working-in-Real-Estate-Business-with-Hard-Money-Loans/3701632/

Just about everyone who goes into real estate tends to do it alone or with their partner. Usually what this means is that over a working lifetime they only manage to pay off the loan for one maybe two houses. What people fail to see is there is a way to be a lot more successful even with the same income and spending.

The solution is a little complicated but a good accountant or lawyer can handle the books. You have your income but what is really important is what the surplus is. In other words how much do you have once you spend money on bills and living expenses. For most people it’s not a great deal of money, but lets suppose you found ten people, or a hundred people who all added their surplus’s together, how much money would there be then?

If it was a hundred a week let’s say, it would become a thousand or ten thousand each week. instead of spending this money, you could as a team buy ten houses that were positively geared (meaning the rent was more than the loan repayments) and pay them off with the tenants, perhaps doubling, tripling your money invested in real estate within a few years.

You might say that’s risky, what if I get bad tenants or can’t find positively geared real estate, what about land tax, tenants insurance,rates, tax and all those costs? This is true, so the key is to pay off enough money on the ten houses (more than the minimum) by having a long term loan, low repayment rate, so that you can then refinance it again for an even lower minimum repayment making it more positively geared.

Once you are making a decent profit from the rent all costs considered, you can then stop paying off those properties let the tenants pay the costs and take the money to add to your weekly combined surplus and buy another ten, repeating the same process only faster this time.

Lets say a house cost 0,000 for arguments sake you could buy the one house in a few weeks (with ten thousand a week), and rent it out and pay for it all at once but then you would be buying the real estate, not the tenant buying it for you. By taking a longer time to pay it off you will pay more interest on paper but it doesn’t matter if it’s not your money, and you’re using your money to duplicate a thousand times over.

This plan relies on a strong community spirit and a very good bookkeeper but it is possible and is being done all over the world by smart investors in real estate. The higher the surplus the more wealth you can build by setting up houses that pay for themselves, and you can make money in real estate, practically from scratch, with the help of your friends.

If you want to try a cheaper, and less risky money-making idea, why not join Bukisa, and start building a residual income from article writing. If you write a hundred articles, and sign up a hundred referrals who all write a hundred articles, so long as they get found in a Google search, you will have built up a good passive income. You get .22 US per thousand clicks on your articles, and 25% of your first level referrals earnings. For more information on making money from article writing, check out my facebook page: Writing for profit.

http://www.bukisa.com/articles/250543_how-to-make-money-in-real-estate-practically-from-scratch

People are getting miser in the sense, as they are approaching towards rational thinking, related to everything. So if they plan about making an investment in real estate business, then they surely believe in their potential to do so. If you are planning to start your own business, then your investment in real estate is worth thinking. You can ask for easy ways of loan, by .  Once you have reached to their destination, then the world of opportunities would be open for you.

Today I want to talk about residential .  There are so many different types of hard money lenders in your area around.  If you want to know about the further details of hard money lenders, then you must know that  provide money, they are able to do loans and make their own rules based upon those funds and there are hard money lenders that are going to be able to do loans on raw ground.  There are hard money lenders working for the sanctioning of loans on commercial properties.  There are hard money lenders who are going to provide loans on a new construction.

There is yet another category of hard money lenders that are going to do loans on businesses. Another important type is of type of dealing with high-end residential property. It is worth mentioning about another kind of hard money lenders, who are indulged in providing loans for residential loans on single family dwellings under 0,000 estimate. This is where you want to start getting excited because this is the best investment opportunity for the average person out there, is residential homes under 0,000 that you can buy fix up and resell the same property for a profit. It is a type from which hard money lenders Arizona belong.  They are going to be your partners in profit, make you successful and help you make money, which is what it is about.

So with that thing in mind how do you determine how to approach , you should be using and the answer is really simple.  You want to use a lender that understands your needs.  You want to use a lender that understands that you need some time before you should start making payments.  You should have term without monthly payments. You need a residential hard money lender that wants you to be successful that is going to give you some extensions on the loans if you run into some problems.  You want a hard money lender who can assure you about the promised fund, so you can take the concern of the money actually hitting the account.  So as you are looking for residential hard money lender you want to make sure you are working with an outfit that understands your needs and one that is able that is able to provide you with the type of financing that you need.

http://www.articlesbase.com/real-estate-articles/hard-money-lenders-arizona-tells-you-about-different-types-of-real-estate-business-3750365.html

The best thing for anyone in life is to be always optimistic and not to lose hopes due to temporary decline phases. I mean to say if you have a recent failure in business or got fired from your office then there is no need to be all too depressed and gloomy about life. Suppose you are running out of credit and you are not in a condition to get regular loans from any bank, as you are planning to do something extra for your financial boost. There are Hard Money Lenders in real estate market with the offers of Bad Credit Hard Money Loans, for the convenience of their clients.

You cannot imagine getting mortgage or loan from banks with having bad credit score. They would decline your loan application at a first level. So there is a lot of concern about bank accounts and credit scores when dealing with conventional lenders. Bad Credit Hard Money Loans are working great for the borrowers with low income and rough financial status. There is a need to rediscover your career and to work on new paths of success. You can think of making a great entry into world of real estate, with having lots of opportunities to invest in different segments of properties. Well! I think your best option is investing in properties, comes with working on residential properties. This is comparatively a safe option while dealing with these hard money lenders.

Bad Credit Hard Money Loans are of real help if you invest with lower amount in purchasing old properties. Then you can work on it by renovating or making repairs according to latest trends in property market. But you need to work as much little as possible because you are supposed to invest a very lesser amount on it.  There are options to invest in foreclosed homes too with having even very bad credit scores. Actually hard money lenders do not rely on your monthly installments nor do they ask for down payments. So their point is very clear as they always welcome you to ask for your investment in real estate business, with having a good deal for property.  You are not supposed to work for the best kind of things as your lenders are always willing to serve you with different categories of loans.

Being a real estate investor, you need to work on your business for a good deal of time. You can get a good deal of profit out of your investment, and you can ask for bad credit hard money loans to your own lender. People are not investing in something with great marketing spirit, at often times. You can go for search in local market and find a good house for making small repairs, and to flip it in open retail market. You are supposed to keep your own emotions out of a business deal and totally think of it as an entity, which is going to add to your financial uplift.

http://www.articlesbase.com/loans-articles/bad-credit-hard-money-loans-are-highly-beneficial-for-starters-in-real-estate-business-4160765.html

The implosion of real estate prices in the last two years has encouraged many would-be investors to jump into the foray of real estate ownership. Prices, in some cases, are at multi-year lows, and some properties are being offered for what was previously thought of as ridiculous discounts — 70% to 80% lower prices. With such discounts also come reduced property taxes, which are assessed, in Florida at least, as 2% of the purchase price, minus a variety of discounts, such as the ,000 homestead exemption, depending on the buyer’s status. Add to that some deeply reduced insurance premiums (because a lower-priced property now has less to insure), and you have a compelling motivation to buy — and in many cases, buy more than one property. For example, a house that sold at the peak of the market for 0,000 was recently sold as a short sale for 5,000 — an enormous discount. The buyer intended to live in the house, and therefore, qualified for the homestead exemption; thus, based on a simple arithmetic calculation of 2%, the property taxes on the home went from a high of ,000 (0,000 – ,000 x 2%) to the current assessment of only ,500 (5,000 – ,000 x 2%) — a mere 27% of the prior assessment. Homeowners’ insurance dropped from 00 when the house was worth 0,000 to a current ,100. Assuming a 20% downpayment, and again assuming a simple mortgage rate of 5%, the original house carried a mortgage amount of 0,000, but the current house carries a mortgage of only 0,000. A fraction of prior costs.

But caveats are in order. The old adage that price isn’t everything, applies. The real estate market is currently in a state of great flux, not to mention great uncertainty. In the days of ever-increasing real estate prices, real estate property of all kinds was being built as fast as permits and materials would allow. And people bought at such a hungry, frenetic pace that prices accommodated the demand. The situation now is the opposite: people are waiting to buy; people are comparison-shopping (anecdotally, one woman claims to have looked at 800 properties!). The number of single-family houses on the market are growing daily, with great numbers of foreclosures and short sales flooding the market. The inventory of current real estate is huge, and will not abate for a number of years. Even if builders slow down the construction of new housing, the current slate of offerings needs to be absorbed by the marketplace, and clearly, not as many new households are forming as there are empty housing units on the market. Which will inevitably lead to lower prices. How much lower is unknown; however, pressing to buy at this time may not be in the best interests of the buyer. Of course, there are mitigating circumstances which might compel one to buy: for example, if one needs a place to live, and the combined costs of ownership are comparable to the cost of renting.

Moreover, some of the best “deals” are found in what are now considered blighted areas — previous new developments that now have only a few houses built and fewer lived in, surrounded by builders’ lots staked out for construction as far as the eye can see. One might think such living is quiet, with no neighbors, but in fact, living alone in a large development can also be risky; and the empty buildings do encourage criminal activity. Still, there are stalwarts who would elect such arrangements just to take advantage of the low price.

In such a situation, lifestyle might suffer, as school buses refuse to drive by because of construction debris left in the road; children do not play outside; and other impediments to what usually makes for an enjoyable life in a new neighborhood.

Many a current buyer jumps on the real estate bandwagon because the prices seem so ludicrous, that “flipping” seems an ideal road to riches. True, some lucky few succeed: they buy a property at a rock-bottom price, spruce it up a bit, then resell it for a small margin which is still below current market prices, and thus are able to make a business profit out of the deal. But remember that real estate is notorious for not being liquid, and especially today. At the height of the market, sellers were in charge, and demand was booming. Now, the opposite is true: inventory is huge, and buyers are few. Combined with a depressed economy (owing to a large extent to the real estate fiasco), and you have a preponderance of skittish buyers of lesser means and lesser credit. That does not bode well for reselling your property once you have bought it. Add to that the current uncertainty — and in some cases, scrutiny — of banking practices, which make them reluctant to lend, this makes obtaining a new mortgage an onerous affair. Not to mention the current title insurance snafu that is making many title companies unwilling to issue title insurance, and you are looking at what to some might be an untenable situation. I would not want to be the holder of a property that I am trying to sell to a public that is largely unable or unwilling to buy, or if willing and able, then a public that has to jump through so many hoops in order to buy; meanwhile still paying necessary expenses on such property. Unless, of course, I need a place to live, and am content to sit in my property until such time as the market changes.

Real estate ownership has been billed as the greatest road to riches in the United States. The richest people in America have been touted as having started in real estate. And to be sure, tremendous deals are to be found. But for the average Joe, I submit that there are better places to park your money; there are better ways to make money, especially if that means not putting it on a piece of real estate that may still have a way to go — down.
 

http://www.bukisa.com/articles/454084_can-you-make-money-in-todays-real-estate-market

The first thing you need to do is find clients.  Drive through neighborhoods and make note of any “For Rent” signs you see.  Call the numbers listed and offer your services.  Make sure the person on the other end of the line understands it won’t cost him or her anything unless you find a renter.  Look on Craigslist for apartment posting that have been up for a long time too.  

Next interview clients to find out what they’re offering and what they’re looking for in a tenant.  Make sure you cover the basics.  How much is the rent?  What utilities are included?  How long is the lease?  Do they allow pets?  What kind? Ask them what they’re flexible on and what rules are set in stone.

Get information on the unit too.  What’s the parking situation like?  Is there a washer and dyer?  How about air conditioning?  To make things easier create a form with vital questions that your client can fill out for you.  When the interview is over have your client sign a contract agreeing to your fee and collect the keys to the apartment.    

Now that you have a few clients, start looking for possible tenants.  You can’t make money if you can’t find tenants.  Write detailed descriptions of the apartments or houses for rent and put them on Craigslist.  Sites like postlets.com offer free templates to make your ads look more professional. 

Don’t forget to take pictures of the properties (both inside and out) to put in your ads.  Also put signs out front of each unit with your phone number.  

Soon potential tenants will start calling wanting to see the aparetment for rent.  When this happens set up an appointment at the unit.  If he or she doesn’t like the apartment find out why.  You may have another that fits his or her needs.   

Once a tenant shows real interest in a unit have him fill out an application.  You can find skeleton forms online.  Once you have his information, run a credit check.  Call his place of work and verify his employment as well.  Charge an application fee to cover your costs.     

Pass along your findings to the landlord and get a yea or nay.  If your tenant is a go get on the phone and tell him the good news.  While you have him on the phone set up a lease signing with his new landlord.  Let him know he’s expected to bring his deposit to this meeting. 

Once your client and the renter sign their leases collect your fee.  Your end of the deal is done. 

http://www.bukisa.com/articles/257210_how-to-make-money-finding-tenants-for-landlords-with-apartments-for-rent