If you own and manage rental properties, you know the importance of maintenance and repairs. When issues arise in rental units, it’s important to take care of them promptly to ensure tenant safety, satisfaction, and comfort. Today, we’ll review some of the most common tenant requests, how to handle them, and additional upgrades you may […]
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The rental industry is governed by federal, state, and local landlord-tenant laws. Therefore, both tenants and landlords must understand their rights and responsibilities. Although tenants must hold up their end of the lease, landlords are held to a very high standard regarding habitability standards, building codes, and fair housing. Continue reading below as we examine […]
The goal of every landlord is to find the perfect tenant to occupy their rental property. As such, it can take a lot of time and due diligence for landlords to find the right fit. However, there are some ways that prospective tenants can stand out against other renters. Today, we’ll go over how to […]
As the weather and leaves begin to turn this Fall, not everyone immediately thinks of landscaping opportunities. But in fact, the Fall is the ideal time to complete essential outdoor maintenance to ensure your rental property stays protected and beautiful all year long. While the property owner should complete major tasks, there are several things […]
Being able to collect rent from tenants on time each month is the key to a successful rental business. When you have reliable, high-value tenants, your investment in rental property truly pays off. However, when tenants repeatedly pay late – or not at all – it can create frustration and misunderstandings between landlords and tenants. […]
One of the risks of being a landlord is having tenants who don’t pay their rent. However, when a tenant files for bankruptcy, it creates a different set of issues. Bankruptcy can disrupt everything from collection efforts to the ability to evict a delinquent tenant. However, it is possible for a landlord-tenant relationship to survive […]
Taking out loans for any type of real estate puts buyers at risk of foreclosure if they cannot afford the monthly loan payments. While you may not think of this affecting you while living in a rental property, it can. In today’s blog post, we’ll review what happens when a rental property faces foreclosure and […]
A tenant holding over can be a scary and frustrating situation for property owners. So, when a lease expires and the tenant refuses to vacate, what is a landlord to do? It is critical to remember that even though the tenant is no longer under the lease, they still have rights. Thus, meaning the landlord […]
Would you rather deal with a prolonged vacancy or an eviction? If you are an experienced landlord, you know the answer. Finding the right tenant for your rental property can take time and effort. After all, you want to avoid long periods of vacancy, but you also want to avoid going through the eviction process. Today, […]
Finding a good tenant is only half of a landlord’s job. The other half is managing the property with the tenant in it, which can be a demanding task. To make it a bit easier, many property managers create a “tenant manual.” Even though the rental contract outlines most of the tenants’ responsibilities, a tenant […]