When you own rental properties, there are several documents to draft, sign, store, and manage. That said, when you’re dealing with sensitive or legal documents, it’s crucial to store them securely and efficiently. After all, the privacy and safety of your tenants are top priorities So, what’s the best way for landlords and property managers […]
Tag Archives: risk management tips for landlords
Buying Rental Properties, Owning a Rental Property in Maryland, Property Management, Property Management in Carroll County, MD, Property Management in Maryland, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Tenants
Avoiding Landlord-Tenant Disputes: Top Tips for Property Owners
22
Nov
Nov
Understanding how to professionally and calmly handle landlord-tenant conflicts is an essential part of the job. Although most people avoid confrontation, it may be your job as a landlord to settle an uncomfortable situation. So, let’s go over some ways to resolve landlord-tenant disputes if you are a property owner. What Causes Landlord-Tenant Disputes? Many […]
23
Aug
Aug
No one wants to hear the words “pest infestation.” This is a health hazard, but pests can also damage the rental property and cost hundreds to eradicate. So, as soon as you notice any pest or vermin, it must be dealt with as quickly as possible. That said, getting rid of unwanted pests is only […]
31
May
May
As part of the rental property process, landlords must complete several different types of inspections. Although these take place at different times and for different reasons, the ultimate goal is to protect you, the tenant, and the property. In addition, detailed inspections help landlords discover maintenance issues before they become emergency repairs and ensure that […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Northern Virginia, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Top 10 Landlord Mistakes for New Rental Investors to Avoid
24
May
May
Some people may assume that being a landlord is a simple job. However, a lot more goes into the position than you may think. That said, when investors first begin their career as landlords, they’re bound to make at least a few minor mistakes. After all, nobody is perfect. But still, the goal is to […]
Owning a Rental Property in Maryland, Property Management, Property Management in Baltimore County, Property Management in Maryland, Rental, Renting a Home in Maryland, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Handling a Tenant Death & A Deceased Tenants Belongings
10
Feb
Feb
Dealing with death is tough in any aspect, especially when it affects your business. If a tenant passes away unexpectedly while living in your rental property, it can be a confusing process to navigate. For example, you may not know what to do with a deceased tenant’s belongings, how to end the lease agreement, and […]
Owning a Rental Property in Virginia, Property Management, Property Management in Leesburg, Property Management in Northern Virginia, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Property Managers, Tips for Tenants
Landlord Tips for Navigating Housing Vouchers Qualifications
13
Jan
Jan
The Housing Choice Voucher Program provides reasonable accommodation to low-income families and individuals. However, many landlords aren’t very familiar with accepting housing choice voucher qualifications. So, if you are wondering about the requirements and qualifications for low-income housing in Northern VA, keep reading. What is the Housing Choice Voucher Program? The Housing Choice Voucher Program, […]
04
Jan
Jan
Handling lease agreements is one of the most important aspects of any rental business. Without a solid lease agreement, property owners can get damages beyond their budget. In addition, lease agreements are helpful to determine the rights and responsibilities of both the tenant and landlord. That said, sometimes circumstances pop up, and a lease may […]
15
Nov
Nov
Laws at the federal, state, and local levels govern landlords and all aspects of the rental industry. That said, the goal of these regulations is to ensure tenants have a safe and habitable rental home. For landlords, navigating inspections and rental compliance requirements is a vital yet daunting process. Additionally, each jurisdiction may have different […]
28
Oct
Oct
The rental agreement is the most critical document for landlords and tenants. That said, a lease involves many different clauses, addendums, and disclosures that each carries its own legal ramifications. In addition, essential components of a lease will vary based on location and the property’s specific needs. So, to thoroughly understand what these additions mean […]