Being a landlord involves devoting a lot of time to the job. If you hire a property management company it will be easier for you to deal with your tenants. The problem is that this is a costly venture and you will have to consider many things before deciding whether you should hire one or not.
Filed under: Landlord & Property Management
Updated 11/12/20 The rental industry is filled with stories of legal disputes. Some are resolved peacefully and quietly; others not so much and head to eviction small claims court. As a landlord, you will inevitably have disagreements and conflicts with your tenants based on a variety of issues. Whether there are issues about rent or ..Read More
Filed under: Landlord Legal Issues
Updated 10/1/20 In the rental industry, there is a very common saying that 20% of tenants are the prime cause of 80% headaches and grievances of a landlord. Unmanageable tenants are usually not that great in numbers, but dealing with them will still require most of your time and energy. So how do you avoid ..Read More
Filed under: Tenant Screening
Updated 5/27/21 Have you ever had an experience with unmanageable and difficult tenants; tenants who are rowdy, pay no heed to what you or your lease says and the tenant violates the lease agreement? Let’s discuss what to do when a tenant violates the lease. Dealing with these types of tenants can be difficult especially ..Read More
Filed under: Dealing With Bad Tenants
As a landlord, once your property is on the market for rent, many people will contact you for tenancy – but not all of them will prove to be good tenants. It is your job to conduct a thorough screening of the candidates before picking one. Although the process might require time and effort, it will save you from a lot of headache and heartache later on.
Filed under: Tenant Screening
How often do you communicate with your tenant? If the answer is only when it is time to collect rent, you are not doing well. It cannot be stressed enough how important it is to stay in regular touch with people living in the rental you own.
Filed under: Landlord & Property Management
As a landlord, making substantial money from your rented property is only possible if you are proactive about minimizing day to day expenses and reducing the risk of unforeseen costs. The following guidelines will help you reduce your landlord costs and take home maximum rental income.
Filed under: Landlord & Property Management
Five crucial elements you need to have in place to protect yourself as a landlord as well as your properties.
Filed under: Landlord & Property Management
Not having a clear written rental agreement which defines the key terms of your rental or lease agreement is one of the biggest landlord mistakes a property owner can make. When these key terms are not adequately covered in your contract, you do not have clear recourse in case you have to take your tenant to court to recover damages.
Filed under: Lease and Rental Agreements
There are several ways prospective tenants may fake references from friends who pretend to be former landlords or employers, or create phony resumes to trick you into believing that he or she would be the perfect tenant.
Filed under: Dealing With Bad Tenants