Being able to collect rent from tenants on time each month is the key to a successful rental business. When you have reliable, high-value tenants, your investment in rental property truly pays off. However, when tenants repeatedly pay late – or not at all – it can create frustration and misunderstandings between landlords and tenants. […]
Monthly Archives: September 2023
28
Sep
Sep
One of the risks of being a landlord is having tenants who don’t pay their rent. However, when a tenant files for bankruptcy, it creates a different set of issues. Bankruptcy can disrupt everything from collection efforts to the ability to evict a delinquent tenant. However, it is possible for a landlord-tenant relationship to survive […]
27
Sep
Sep
Taking out loans for any type of real estate puts buyers at risk of foreclosure if they cannot afford the monthly loan payments. While you may not think of this affecting you while living in a rental property, it can. In today’s blog post, we’ll review what happens when a rental property faces foreclosure and […]
26
Sep
Sep
Investing in affordable housing can be a great way for investors to earn passive income while providing a reasonable place to stay for those with lower incomes. However, while there are several upsides to this investment strategy, it’s important to recognize the challenges and understand how it works. Today, we’ll go over why we need […]
25
Sep
Sep
A tenant holding over can be a scary and frustrating situation for property owners. So, when a lease expires and the tenant refuses to vacate, what is a landlord to do? It is critical to remember that even though the tenant is no longer under the lease, they still have rights. Thus, meaning the landlord […]
22
Sep
Sep
Owning properties in HOA communities can offer several benefits, but also some disadvantages. One of the main benefits is that you have someone, an HOA property manager, to look over your property and ensure it meets the requirements and criteria set by the HOA. That said, HOA managers are similar to rental property managers, but […]
21
Sep
Sep
As a landlord, you’re pulled in different directions every day. You have to handle tenant requests, keep up with important business documents, market your properties to find new tenants, and more. If you don’t have the right rental property technology in place, it can get overwhelming—fast. So today, we’re going to talk about seven ways […]
20
Sep
Sep
It’s no surprise that electric vehicles (EVs) are becoming increasingly popular as time goes on and technology develops. However, it seems as though there’s an accessibility gap between renters and homeowners. After all, you need to have regular access to a charging station or an at-home charger to power an electric car. There’s just one […]
19
Sep
Sep
High-quality flooring is one of the most important amenities you can offer your rental property tenants. There are many options, and depending on your specific needs you might choose one or several available options. Knowing the different types of flooring you can place in your rental will help make your property as visually appealing as […]
18
Sep
Sep
A rental property is only successful if a paying tenant occupies it consistently. Therefore, effective rental property marketing, along with thorough tenant screening, is vital. After all, every unoccupied day chips away at an owner’s overall profits. So, learning how to prepare for and manage vacancies should be a priority for landlords. Continue reading below […]