Screening potential tenants is the most important thing you can do as a landlord. Every problem during a lease can be traced back to your screening process. If you are lax on your screening you will let many more bad tenants slip through the cracks. Tenant screening is not like opening up an investigation. In...Read More
Happy tenants are often the best tenants. As a landlord your tenants are the backbone of the entire rental property operation. Having a good tenant that pays on time and has little drama makes owning the property feel almost too easy at times. On the flip side an unhappy tenant will drag their feet sending...Read More
A well performing rental property can completely change your portfolio. Not only will you be able to take advantage of strong monthly cash flow returns but you can build a base for the future. As appealing as this sounds getting there can be a different story. There are many hurdles and pitfalls to becoming a...Read More
Owning a rental property should be viewed as a long term investment. If you take care of the property it will produce income for years to come. As apparent as this may be not every landlord is willing to go the extra mile. They would rather allocate any extra cash flow to other areas of...Read More
As a landlord your lease is everything. Without a well written lease for your protection you leave yourself open to liability, litigation and financial loss. It is not enough to use the first lease you find online. Your lease needs to be tailored specifically to the property, the market and your personal preferences. Anything that...Read More
To run an efficient rental property you need to be a good landlord. There are many rental property owners who do not have the residual cash flow to hire a dedicated property manager. This puts them in the front lines with all of their tenants. Instead of treating it as a job you should think...Read More