In a competitive rental market, every lead is vital. After all, a high tenant turnover rate can wreak havoc on your annual profit, which is why placing tenants efficiently is so important. However, not every prospective applicant that wants to see your rental property will meet the qualifications. That said, placing a bad tenant causes […]
Tag Archives: common landlord mistakes to avoid
19
Aug
Aug
Occasionally, landlords will come across applicants who seem great on paper but do not quite meet the income or credit requirements. When this occurs, landlords have two options: deny them and lose an otherwise qualified applicant, or allow the applicant to have a cosigner. That said, not every rental owner is familiar with the practice […]
23
Jul
Jul
Rental agreements are legally binding contracts between landlords and tenants. While landlords have important legal rights, tenants do too. Rental agreements are legally binding contracts between landlords and tenants. While landlords have important legal rights, tenants do too. Understanding the reasons tenants sue landlords—and how to avoid those situations—can help you reduce legal risks, prevent […]
09
Jul
Jul
When you’re renting, poor property management can quickly turn a normal maintenance issue into a stressful situation. Problems like ignored repair requests, unsafe living conditions, or poor communication can affect your comfort, safety, and overall rental experience. Below, we’ll explain how to deal with poor property management, when to report a bad landlord, and what […]
30
Jun
Jun
Discovering that an unauthorized person is living in your rental property is a very stressful situation. As a landlord, it is your duty to protect the property and ensure that only authorized and vetted individuals live in the unit. Unfortunately, despite having a rock-solid lease agreement, there may be times when a tenant’s guest(s) overstay […]
11
Dec
Dec
Whether you’re a tenant preparing to sign a new lease or navigating issues in your current rental, recognizing the signs of a bad landlord early can save you months of stress, safety concerns, and financial headaches. While only a small number of landlords act with landlord negligence or dishonesty, poor management happens more often than […]
05
Nov
Nov
When a landlord–tenant relationship goes awry, what starts as a minor disagreement can quickly spiral into a situation with serious legal and financial consequences. This is particularly true if a tenant accuses their landlord of harassment. But a common misconception we’ve found, is that landlord harassment is limited to extreme or obvious misconduct. That’s simply […]
07
Nov
Nov
Requesting, reviewing, and contacting references is a crucial step in the tenant screening process. In the past, we have discussed how to do just that, along with some tips for how to double-check and ensure a potential tenant’s references are even real. However, while getting an outside perspective of a tenant can be helpful, it’s […]
26
Aug
Aug
There is no way to avoid the fact that mold spores are floating around your rental property at any given moment. It’s natural for mold spores, among many other contaminants, to be present in the air we breathe. However, when humid weather hits, and the climate dampens, these mold spores tend to flourish if not […]
17
Aug
Aug
First-time landlords are a unique group of people. Some are homeowners looking to upsize or downsize and want to lease their homes. Others are investors seeking ways to fund their retirement or quit their corporate jobs. Some may be accidental landlords who must turn their primary home into a rental property for one reason or […]