How to Legally Tackle Skipping Tenants

Dealing with tenants who skip out on their lease can be a very frustrating endeavor; however, there are some steps that a landlord can take to recover the money that is owed to them. As a landlord, you have a right to collect money that is owed to you when a tenant leaves the rented […]

Minimizing the Damage Done to Your Property

Normal wear and tear on a unit is… well, normal. Depending on how long the tenant lives within your house or apartment unit, you’ll see wear on carpets, on walls, and on appliances. This is all just a part of life in a person’s home, but there are certain things you can do to minimize […]

How To Get Rid of Squatters

Your tenant has abandoned the rental property and you haven’t realized this as the property owner. You’ve been sending out the notices to pay or quit because you haven’t been getting the rent, but the tenant has literally moved out and left the property vacant. During your inspection of the property to see what is […]

How to Set a Late Fee for Rent

If you’ve just picked up a rental property and are creating a lease, then after you decide how much rent you want to charge, you’ll want to decide on late fees. Some landlords don’t charge a late fee for their rent. Others have a flat charge that is assessed if a rental payment is overdue. […]

Are Multi-Family Properties More Profitable?

When investing in real estate, there are always a few questions that must be answered before you start. One of the most basic is: What types of property make the best investments? Mixed-use properties have a different set of benefits and challenges than strictly residential. Multi-family properties can produce more income, but they also come […]

Why You Should Follow Up With Tenant References

Renting your property to tenants can be a great way to make a living or earn extra money on the side, but without proper diligence, it can also be a source of tension, stress, and financial burden. The biggest way to prevent headaches and stress when dealing managing tenants is to screen them properly before […]

Writing a Past Rent Due Notice

Most tenants are pretty reliable when it comes to paying the rent on time. There are a few tenants who might push the deadlines from time to time, but they get the money there. Then there are a few tenants who pay their rent in bits and pieces as the money comes in. You might […]

Organization in Your Life as a Property Manager

When it comes to property management, organization can help keep you moving steadily and smoothly forward. Whether you’re in the middle of tax season or simply keeping up with files on tenants, it’s best to have a steady protocol that you follow throughout the process. Start with your screening process. Once you’ve placed your add […]

How to Write a Lease Covering All Bases

When it comes to writing a lease, every state and locality has its own set of rules and regulations. Nonetheless, there are certain general guidelines which you should follow to protect your interests and meet your legal obligations when writing up a lease. Length of Lease You need to clearly define the length of the […]

8 Things To Do When a Tenant Leaves Your Property Damaged

Discovering that a tenant has left your rental property damaged can be stressful. You invested time and money into buying and caring for your property and trusted that your tenants would look after it for the length of their stay. While your first reaction upon discovering damage might be to lash out, this won‚Äôt help […]