You’d be hard-pressed to find a landlord who got really excited after he placed a tenant and then discovered that tenant has a history of eviction, bad credit, and a criminal record. Not the kind of person you want living on your property! Proper screening of potential renters is important for every landlord and property… Read more »
What is a Leasehold and Should Landlords Consider It?
Most landlords are intimately familiar with lease terms, whether they offer them for six months, one year, or two years – the most common timeframes for a rental lease. However, there’s an extended lease option, known as a leasehold, that may be worth consideration as well. What is a leasehold? In a nutshell, it’s a… Read more »
4 Must-Know Tips for Attracting More Applicants
You’ve got one or more excellent properties that are ready for tenants. Congratulations! Now comes the tough part – finding a variety of applicants that will be a good fit for the home or apartment. If you’ve been having trouble attracting the right number of applicants to give you a well-rounded selection, it may be… Read more »
How To Recognize Fake Pay Stubs
No landlord or property manager wants to deal with application forgery, but unfortunately, it’s a reality and it may happen to you at one point or another. Even so, you can protect yourself against it in a variety of ways, including requiring a tenant screening service for all applicants and checking their references. It’s always… Read more »
The Ultimate Moving Guide For Renters
Summer is one of the busiest times of the year for making a move — the weather’s nice, school’s out for the kids, and leases are usually ending. If you’re preparing to make a move to a new rental in the coming months, you’re definitely not alone. Do you have your checklist ready to go?… Read more »
8 Ways to Create a Better Rental Ad
You’ve worked hard to build your properties and your business into something great, and now it’s time to put them on the market and bring in renters. Awesome! However, you still have to create a compelling ad that will bring in your target tenants. This is easier said than done. An ad that misses the… Read more »
The Best New Year’s Resolutions For Landlords
We’re already halfway through the first month of 2018! This is the point where a lot of people fall off the wagon with all of those lofty New Year’s resolutions they made only a few weeks ago, so there’s no better time to decide what you really want out of this year and stick to… Read more »
Renewing Rental Lease Agreements: What You Should Know
Leases and rental agreements are part and parcel of a landlord’s job, which means you’ve got to know their ins and outs. You’ve already managed to get your first batch of leases signed — that’s fantastic. Now the lease term is almost up and it’s time to start thinking about renewals. What do you need… Read more »
How to Avoid High Tenant Turnover
In certain lines of work, turnover is good for business. In the rental market, however, high tenant turnover can mean empty units, lost revenue, and a host of potential problems. Finding a good tenant is difficult enough without having to replace them with another, equally good tenant every year. How do you ensure your quality… Read more »
Attracting Great Tenants for Your Rental Properties
We write a lot about the risks of potentially bad tenants, but what about all the great tenants? With some finesse and a bit of help, you can attract really fantastic tenants to your rental properties. Tenants who pay on time, don’t break their contracts, upkeep the property, and are generally pleasant people to speak… Read more »