As landlords, we hope we’ll never have to be in the position of dealing with a non-paying tenant. Unfortunately, the longer you’re in this business, the more likely it is that you’ll encounter a tenant who won’t pay rent on time, or at all. There are any number of reasons for it, from job loss… Read more »
Benefits of Being a Landlord on Social Media
We know you’ve probably heard all about social media — how it’s a great advertising tool, how it keeps you connected, and how it furthers your reach. As a local landlord, is it really worth it? We think so, depending on your area and other marketing. It can be a great addition to your marketing… Read more »
Using Tenant Screening to Your Best Advantage
We’re no stranger to the subject of tenant screening and the many ways it benefits landlords and property owners, but that doesn’t mean it’s not worth revisiting the topic every once in a while. One of the most important preventative measures a property owner can take is properly vetting each and every one of their… Read more »
Use Screening to Support Tenant Safety
By now, we’ve established many times over that tenant screening is one of the best ways to keep your investment safe, but also focus on the tenant safety. However, you’re not the only beneficiary of thorough screening — so are your current tenants. Tenant retention is one of the best ways to succeed in this… Read more »
How to Keep Your Best Tenants
As any good landlord knows, the first step in filling your rentals with quality tenants is a well-rounded screening and interview process. We’ve written extensively on both tenant screening and interviewing prospective tenants, so we know you’ve got that in the bag. So what comes next? You have great tenant who pays on time and… Read more »
Should I Invest in Student Housing?
If you’re considering investing in student housing near a university, there are a lot of things to consider. The appeal is certainly there — property near colleges is easy to fill and almost guaranteed to have full vacancy during the school year, provided it’s priced appropriately. These properties are in highly desirable areas, and if… Read more »
Security Deposit 101 for Landlords
Whether you’re getting ready to rent your first unit or you’ve been renting for a little while already, security deposits are probably on your checklist. You know they’re a way to guarantee coverage in the case of damaged or missing property, or an unforeseen issue that breaks the lease agreement. -But what don’t you know?… Read more »
New Credit Score Rules Are Here
Starting this past Saturday (July 1st), a series of new credit score rules hit and people may already be noticing the difference in their scores. These changes affect all three of the major credit reporting databases, and we’ve written several posts discussing the new VantageScore approach and how it differs from FICO scores, if you’d… Read more »
Best Questions to Ask a Tenant on a Phone Interview
We’ve written several posts over the years detailing the best questions to ask prospective tenants to ensure you’re getting the best fit for your property. You know to ask why they’re moving, who’ll be living on the property, whether they have pets, where they work, and when they’d like to move. You know not to… Read more »
Preventing Bad Tenants with Due Diligence
In this blog, we’ve gone over a variety of ways to avoid bad tenants, between performing screenings and refining your application process. Even so, the point is really never belabored. No matter how experienced you are, there’s always a risk of ending up with a tenant who mistreats your property or causes problems with your… Read more »