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tenants
One of the most difficult business dilemmas is whether to pay for a task you know you can do. Even though you can save some money by doing it yourself it is important to ask what you are giving up to do so. This is a popular question with rental property owners. Rental property management...
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In the real estate world one mistake can wipe away years of hard work. Many landlords think responding to a tenant complaint is annoying but it is a walk in the park compared to facing litigation. Without even realizing it you could not be following fair housing rules and regulations. If the right tenant realizes...
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No landlord likes dealing with tenant turnover however, it is a critical part of the job. How you deliver the rental to your tenant often sets the tone for the rest of the lease. If the property is sloppy, or even dirty, your tenants will feel that since you don’t take care of it they...
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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...
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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...
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As a landlord your top priority is to keep your property filled with good tenants. Where and how you find those tenants is entirely up to you.  One option at your disposal is to lean on your local real estate agent.  Although this can be effective it can also be quite expensive.  On average real...
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If you own a rental property long enough eventually you will be forced to deal with an eviction. In a perfect world you can reach an amicable resolution and quickly move on. A more likely scenario is that the eviction will linger for months impacting every aspect of your business.  Often times the actions you...
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Owning a rental property is one of the building blocks for long term wealth. If you run things right you can collect checks and build equity for as long as you own the property.  As great as this scenario may be you also need to take time and consider the alternative.  Regardless of your experience...
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As a rental property owner finding good tenants is a necessary evil. The screening process itself can be long and grueling but it will impact your business for the next several months.  Good tenants are the key to any good rental property.  It is important that you spend the time to know exactly who you...
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One of the most stressful periods for any landlord is the end of the lease. For a month or so, there is a balance between finding new tenants while seamlessly moving the existing ones out. What you do in during this time can greatly impact the next several months and beyond. The best landlords have...
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