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Tag Archives: what to include in a lease agreement

5 Tips for Landlords to Keep in Mind While Renting to Roommates

5 Tips for Landlords to Keep in Mind While Renting to Roommates

To get the most out of your rental business, you may find yourself renting to roommates sometimes. Renting to roommates has some benefits, like filling up vacant units quicker and having a wider range of tenants to rent to. Although it may seem like more of a hassle than renting to a family, we have […]

Documenting Tenant Communication During Property Violations

Documenting Tenant Communication During Property Violations

Among the many tasks of owning a rental property, maintaining tenant communication is one of the most important. After all, communication is the foundation of any great relationship.  Handling tenant complaints, repairs, or other concerns can sometimes get extremely frustrating. However, landlords need to keep it together and communicate effectively, even during stressful times. That […]

How to Terminate a Lease Agreement: A Landlord’s Guide

How to Terminate a Lease Agreement A Landlord’s Guide

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 […]

What are Rental Lease Addendums and How to Use Them

What are Rental Lease Addendums and How to Use Them

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 […]

No Smoking! – A Landlord’s Guide to Rental Smoking Policies

No Smoking! - A Landlord's Guide to Rental Smoking Policies

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 […]

Is it a Guest or Tenant? Understanding Types of Unauthorized Tenants

Is it a Guest or Tenant? Understanding Types of Unauthorized Tenants

Imagine going through all the trouble of marketing, properly screening tenants, and signing leasing documents, only to discover unwelcome occupants in your rental property. As a landlord, understanding who a tenant is, who is a guest, and who is an unauthorized occupant is essential. Furthermore, knowing your rights as a landlord can help deal with […]

Comprehensive Landlord’s Guide to Pet Policies for Rentals

Comprehensive Landlord's Guide to Pet Policies for Rentals

Upwards of 70% of today’s renters own a pet, yet finding accommodating housing can prove challenging. For landlords, accepting pets comes with some inherent risk, yet not accepting them severely limits the pool of prospects. That said, allowing pets requires landlords to create strict policies and require extra fees to help protect your valuable investment […]

Rent Payment Policies and Rent Collection Software for Landlords

Rent Payment Policies and Rent Collection Software for Landlords

As a landlord, success often hinges on receiving timely and complete rental payments. Therefore, creating comprehensive rent payment policies will help streamline operations and ensure you have the best chance of receiving all payments due. So, join us below to review how to create rent payment policies and some software options to make a landlord’s […]

Landlord’s Guide to Furnished vs. Unfurnished Apartments

Landlord Guide to Furnished vs. Unfurnished Apartments

The short- and long-term rental markets continue to be a booming industry with plenty of opportunities for savvy investors. However, when it comes to making your rental stand out, many owners are left wondering – to furnish or not to furnish?  When it comes to deciding between furnished vs. unfurnished units, weighing the pros and […]

Landlord’s Guide to Lead Paint Laws and Avoiding Costly Liability

Landlord's Guide to Lead Paint Laws and Avoiding Costly Liability

The use of lead-based paint in residential housing has been illegal since 1978. Then, in 1992, federal and state governments created laws that aim to protect tenants against the potential health risks of lead paint. This is known as The Residential Lead-Based Paint Hazard Act. That said, enacting lead paint laws does not mean it […]