The Top 5 Tax Deductions For Rental Property Owners

There are many landlords who pay more taxes than they should every year, usually because they aren‚Äôt familiar with the deductions they can claim. It takes a thorough understanding of tax law and strategic planning to take advantage of all available deductions. Here is a guide to the top five deductions you should claim. 1. […]

What Is a Wrongful Eviction?

There are always going to be problematic tenants from a landlord’s perspective. From the tenant’s perspective, there are always going to be problematic landlords. A vast majority of tenants and landlords have a mutually beneficial relationship that works for both groups. When that relationship turns sour or there is a lease violation, however, a wrongful […]

How To Fix a Burst Pipe

When you have a pipe burst in your home, either because the weather turned cold or there was a failure in the craftsmanship of the pipe itself or its joints, then here’s some good news: you don’t need some serious plumbing skills to fix the problem. You’ll just need a few tools, some solder that […]

3 Ways to Cut Down on Time Spend Collecting Rent

You have solid tenants in your properties and you enjoy being a landlord. Although you had success filling up your properties, you don’t want to rest on your laurels. By seeking new ways to enhance your property management skills, you can help to set yourself up for further success and simultaneously improve your work-life balance […]

Good Landlording: Addressing Prospective Tenants

With many potential tenants falsifying application forms, landlords need to get creative when screening tenants. Ideally, an effective screening process can detect bad tenants before they sign the rental contract. This guide helps landlords navigate all the necessary screening considerations and shows how to create lie-proof application forms and run background checks. 1. Be Proactive […]

Time-Saving Financial Management Tips for Landlords

Being a landlord requires a significant amount of time and financial investment. One way to reduce the amount of time spent managing a rental property is to streamline how finances are handled. These financial tips can shave valuable hours from your weekly landlord duties. Discuss Property Purchases with an Accountant An accountant can offer useful […]

Landlord’s Guide to Rental Discrimination

Discrimination is a bad word in today’s society, but landlord’s need to discriminate as much as they legally can in order to get the best tenants possible into their property. What a landlord can and cannot do is government by local landlord/tenant laws, so before starting any vetting process, make sure to check local statutes […]

Selling A Rental Property With Tenants

Selling a rental property with tenants may be very straightforward or having a tenant in place can make for an unpleasant selling experience. Most real estate professionals will recommend allowing a lease to expire before selling a home. That isn’t always a possibility, so it is important to make sure that local landlord-tenant laws, which […]

5 Time Management Tools to Help Busy Landlords

You enjoy the experience of being a landlord, especially the income generating part of it. However, if you don’t have the time to enjoy the money, what’s the point? Your property management duties take up a lot of time, especially when you’re starting out. You’ve got technology on hand to help you work smarter and […]

How to Verify Military Service

Claiming military service is an easy way to try to get benefits, discounts, and other perks. Many will simply take a person’s word on their military service and issue the appropriate discount. In some industries, such as real estate or employment, the claim of military service must be verified. Here’s how you can do it. […]