Occasionally, landlords will come across applicants that 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 a potentially good tenant or allow the applicant to have a cosigner. That said, not every rental owner is familiar with the practice […]
Tag Archives: common landlord mistakes to avoid
02
Apr
Apr
For many individuals, pets are just as much a part of their family as any blood relative. Whether or not your rental allows pets could significantly affect your qualified tenant pool in today’s rental industry. As a landlord, accepting pets is a big decision, and there are plenty of things to consider. Today our focus is […]
23
Feb
Feb
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 […]
27
Jan
Jan
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 even more […]
21
Jan
Jan
The landlord-tenant relationship can, at times, be a trying one. That said, in many cases, these issues are easily resolved with professional communication and a little understanding. However, when situations escalate, property owners may find themselves accused of landlord harassment. Also, a dreaded landlord harassment lawsuit can deplete profits, not to mention valuable time. So, […]
17
Sep
Sep
Rental agreements are legally binding contractual “agreements” between two parties, the landlord and tenant. That said, landlords should be aware that while many laws are protecting the rights of property owners, tenants also have rights. These tenant rights protect renters against overbearing or illegal landlord actions. Therefore, understanding the reasons tenants sue landlords and how […]
14
Aug
Aug
When you are renting an apartment, so many things can contribute to a bad overall experience. A big one is poor or mismanagement. This can be in the form of landlord negligence or a bad property management company, but both add stress to the rental relationship. Below we will take a look at tips […]
23
Jul
Jul
Landlords have a lot on their plate. That said, there are some common and avoidable mistakes Anne Arundel County landlords make. It’s important to know you are not alone, reaching out to a Glen Burnie property management firm to assist may be the best way to ensure you get the most out of your investment. […]
10
Jul
Jul
How to conduct reference checks is a vital process for all landlords. When screening a tenant, most of it involves uploading of their information to a tenant screening or property management software such as AppFolio. However, for rent reference checks, you will want to pick up the phone and do these yourself. Without doing so, […]
15
Jan
Jan
Protect yourself from landlord lawsuits in York, PA. Your rental agreements are just that, legally binding contractual “agreements” between two consenting parties, the landlord and tenant. It is with this understanding that landlords should be aware that while there are many laws protecting the rights of property owners against broken lease provisions done on behalf […]