How to Avoid Getting Tenant Phone Calls at Midnight
Investing in real estate is one of the best ways to get ahead financially. Investing your money in property is not only less risky than playing the stock market, but it also comes with a regular income in the form of rent payments. The downside to becoming a real estate investor is the fact it […]
How to Verify Employment History
There are several reasons you may need to check someone’s employment history. As a landlord or property manager, you may wish to check this information to make sure that the person is being honest with you about their income and length of employment. Sometimes that information can be incredibly difficult to verify. Businesses might go […]
How to Get Started as a Landlord
Becoming a landlord can be an exciting and lucrative decision, yet beginning the process can be overwhelming for some. While regular monthly income and being your own boss are perks of the job, there are a few things you should keep in mind when renting a property for the first time. The landlord must take […]
How to Find an Old Tenant’s New Address
Having a valid residential address for a former tenant allows you to contact them via certified letter or serve them with court documents. Unfortunately, many tenants who owe their landlords money will not provide this information. However, there are several methods you can use to find their new address, so you can collect the debt. […]
Ensuring Tenant Privacy
As part of the rental application, a landlord needs to collect confidential data about a potential tenant in order to determine if they are suitable for the suite or home they wish to rent. Sensitive data may include employment information, bank account and credit history, social security numbers, and previous addresses, all of which are […]
Basics of Accounting and Taxes Every Landlord Should Know
You’ve spent hours researching how to set up a property for rent, the administrative side of becoming a landlord, how to cultivate good tenants, and a dozen other things you learn as a new property manager. One thing that you might not have thought of is all the accounting you have to handle. Chances are […]
A Quick Guide to Hiring an Attorney for Evictions
You’ve asked, begged, and pleaded for your tenants to pay their rent, get rid of the unauthorized pet, or stop disturbing the neighbors at midnight with uncontrolled parties. Being nice isn’t getting you the results that you need, so it’s time to look into your legal options. Eviction is a fairly straightforward process as far […]
5 Home Repairs To Handle for Your Tenants
Your tenants have needs — including maintenance on the space that they rent from you. If you‚Äôre lucky, you have reliable contractors who are always available when your tenants need them. However, you may have a maintenance contractor with a busy schedule and takes awhile to get to minor issues. Instead of making your tenants […]
Essential Obligations of a Landlord
Landlords have certain essential obligations that they must meet if they are in a leasing agreement with a tenant. Most of these obligations are derived from the local landlord/tenant laws that govern the lease. Obligations can also be specifically put into the lease itself. Every jurisdiction is a little different when it comes to a […]
Fair Housing Legislation: A Primer
The Fair Housing Act was first adopted in 1968 and covers most housing in the United States. In 1988, the U.S. Department of Housing and Urban Development increased its power to enforce the Fair Housing Act to ensure that minority groups are not discriminated against by landlords and real estate agencies. Since 1990, the Americans […]
