The rental application and subsequent tenant screening questions are a landlord’s first defense against troublesome tenants. That said, many landlords do not know what they can or what they should ask to secure the best occupant. After all, landlords must be mindful not to violate any Fair Housing Laws with their screening criteria. So, join […]
Category Archives: Tips for Landlords
10
Nov
Nov
Owning rental property can be a lucrative investment, but only if managed effectively. As the rental industry grows, more investors are looking to this sector for passive income opportunities. However, with reward comes a certain amount of risk. While valuable tips for new landlords are everywhere, a crucial part of success is understanding what not […]
08
Nov
Nov
Nowadays, modern renters expect amenities that offer convenience, efficiency, added security, and enhanced comfort. As the industry becomes increasingly competitive, “smart” technology is at the top of many tenants’ list of desires. Therefore, by strategically installing smart devices in a rental, landlords can turn that property into a smart home. Thus, increasing its value and […]
04
Nov
Nov
The first deep freeze of the year is right around the corner. Cold weather brings several hazards, including frozen pipes which can lead to devastating repairs. Not to mention, this is a massive inconvenience for both tenants and landlords. That means as an owner, ensuring tenants have properly winterized the property should be a top […]
03
Nov
Nov
As costs of everyday goods and services continue to rise, many tenants and landlords seek to trim expenses anywhere they can. For landlords, making your rental property more energy efficient does not have to be an expensive overhaul. In fact, small changes can make a significant impact on utility costs. So, join us below as […]
02
Nov
Nov
Rent increases are a normal and even expected part of any rental property business. Moreover, unless local law includes rent control policies, landlords are free to increase the rent as they see fit. While the goal for all investors is to make money, relying on rent increases to do so can easily backfire. Instead, […]
29
Oct
Oct
Northern Virginia has a lot to offer residents, from its rolling countryside to pristine suburbs in close proximity to the nation’s capital. This versatile location draws a variety of renters including young professionals, government contractors, families, and students. So, with an influx of people flocking to the area and a rebounding housing market – Northern […]
26
Oct
Oct
Real estate markets across the country, including Washington DC, have seen drastic changes throughout the COVID pandemic. As housing prices soared out of reach, individuals turned to the rental market to fill the gap. As a result, some areas saw significant vacancy spikes after financially impacted renters fled the cities. However, Washington DC continues to […]
21
Oct
Oct
Tobacco, e-cigarettes, and now, recreational and medical marijuana are all things landlords need to address when adopting rental smoking policies in their investment properties. While keeping tenants happy is a priority, so is the health and well-being of other tenants as well as the property itself. That said, smokers are not protected under the Fair […]
18
Oct
Oct
Nowadays, most tenants and landlords have heard of renters insurance, but how many understand why it is vital to the industry? Renters insurance is easy to get, cost-effective, and integral to protecting a tenant’s personal property as well as against certain types of liability. More and more, landlords realize the benefits to both sides and […]