If you find that your tenant has a long-term guest or unofficial roommate, what can you do? If they’re honest about the situation and the new roommate isn’t causing harm to the property, you may add them to the current lease. Today, we’ll review how to add a tenant to an existing lease and why […]
Tag Archives: what to include in a lease agreement
28
Dec
Dec
Coming up with a lease agreement that’s fair and feasible for both landlords and tenants can be challenging. Terms you may think are fair may not align with what a tenant wants in a rental property. However, if they’re a responsible tenant with an excellent rental history, you may be open to negotiating lease terms […]
14
Aug
Aug
When you move into a new rental home, you’ll sign a lease agreement stating the lease duration, rental rate, and essential information about the rental contract. Most lease agreements last 12 months, sometimes giving tenants a chance to renew at the end. On the other hand, if your move is temporary, you may look for […]
22
Jul
Jul
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 […]
12
Jun
Jun
Finding the right tenant for your rental property could prove to be a tedious process. After going to all of that effort, what happens when the tenant skips town, leaving your apartment sublet to someone else? What could easily become a landlord’s worst nightmare is also an avoidable situation. Join us below as we explain […]
Buying Rental Properties, Owning a Rental Property in Pennsylvania, Property Management, Property Management Delaware County, Property Management in Pennsylvania, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords, Tips for Tenants
5 Tips for Landlords to Keep in Mind While Renting to Roommates
04
Feb
Feb
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 […]
Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Arlington, Property Management in Northern Virginia, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords
Documenting Tenant Communication During Property Violations
07
Jan
Jan
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 […]
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 […]
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 […]
16
Aug
Aug
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 […]