Can Landlords Dispose of Abandoned Property?
If your tenant moves out and leaves items behind, state and local laws govern what you can do with the abandoned property. So, before you sell your prior tenant’s television, it’s important to learn about your legal obligations. Lost vs. Abandoned Property Before making any plans, make sure that your tenant has abandoned — not […]
5 Tips on How to Handle Needy Tenants
Almost every landlord will be faced with a tenant who needs a lot of extra hand-holding at some point. You‚Äôll know them when you see them: this attention-starved tenant always needs help with their dead light bulbs, faulty ceiling fans, clogged drain pipes, squeaky doors, and leaking faucets. It seems as though every day brings […]
How to Fix a Flat Roof Leak
Any roof can leak, but the flat roof provides a rather intense challenge. If you want to know how to fix a flat roof leak, then the first step is to find where the leak is occurring from an exterior standpoint. Just because the water dripping through the ceiling doesn’t mean that directly above that […]
Eviction Moratorium: What This Means for Individual Landlords
This is the second post in our series exploring the impact of the eviction moratorium. You can check out the first post here. On September 4, 2020, a temporary national eviction moratorium on evictions for nonpayment of rent was announced by the Centers for Disease Control and Prevention (CDC) and the Department of Health and […]
Buying Rental Property Tips
One of the most consistent investments that can be made today is a rental property. Real estate can be somewhat volatile, but rentals are in need during the good times and the bad times. When managed appropriately, you can have a consistent level of income. To get started, you’ll need to get a great property […]
What Makes a Good Landlord Insurance Policy?
Before renting out your property, you should purchase a landlord insurance policy. Unlike a homeowner’s insurance policy, a landlord insurance policy will protect you from common problems that occur when you rent property. Types of Landlord Insurance Policies While the terms used to describe insurance policies vary by company, most agencies offer three types of […]
Best Ways to Get Tenants to Pay Rent Online
Landlords are constantly looking for more efficient ways to handle the collection of rent from tenants. While collecting rent in the traditional way via personal check is a comfortable way to handle monthly rent payments, a lot of complications can arise. Checks get lost in the mail or misplaced in the office, or tenants get […]
How To Price Rental Property
The amount that you’re charging for rent will either attract tenants to your listings or it will repel them. If you set the rental price too low, then you won’t get the right value for your property. Prospective tenants might even be suspicious. Set the rental price too high and you won’t get any takers! […]
How Much Does a Tenant Screening Cost?
If you are new to the landlord game, you may not be aware of certain services that can make your life as a property manager or landlord much easier and more efficient. Finding a suitable tenant for your property is a huge responsibility, so make sure you have all the tools available at your disposal. […]
Tips For Cutting Down on Rental Property Leaks
The average cost to repair water damage is $1,200, and taking on this cost will eat into your profits as a property owner. Not only does water damage lead to the need for repairs, but it is also possible for mold to grow when water is left to seep into the walls of your rental […]
