Being a landlord sounds easy enough; you buy a home, make some renovations, and rent it out for more than your monthly mortgage payment. But in reality, becoming a landlord requires you to master a variety of skills: business, interpersonal communication, property management, and a keen understanding of legal and financial responsibilities. With little experience…
What to Know About Selling Your Rental Home with a Tenant in PlaceWhat to Know About Selling Your Rental Home with a Tenant in Place
Posts Categorized: Landlords
Overcome the Challenges of Being a Long-Distance Landlord with 10 Simple Tips
Landlords Property Managers Contact TSCI Although there are many advantages to owning a rental property near your home, not all landlords choose to invest in real estate near their residence. Maybe you’ve moved and want to keep your previous residence as a rental, or you could have found a great investment opportunity across the country…. Read more »
Florida Landlord Requires Tenants to Get Vaccinated: Is this Legal?
In August, Florida landlord Santiago A. Alvarez enacted a policy requiring his tenants to get vaccinated for COVID-19—or face eviction. Alvarez, who owns eight apartment complexes with 1,200 units total, decided to require vaccines after 15 of his tenants died of the virus. His new policy also states that applications from prospective tenants will automatically… Read more »
Can a Landlord Be Held Liable for Crimes Committed on Their Rental Property?
All property owners are required to protect their tenants from criminal activity to some degree. Not only are landlords liable for criminal acts committed by their tenants, but they also have a responsibility to protect the neighborhood from the illegal activities of strangers. With that in mind, landlords need to take steps that not only… Read more »
8 Tax Breaks Landlords May Be Overlooking
Tax season is here again, so it’s an ideal time to review several important tax breaks that you could be overlooking with your rental housing properties. Here’s a look at some common tax deductions you may be able to take advantage of this tax season; please note that this is for informational purposes only and… Read more »
7 Financial Tips for Landlords during COVID-19
Times are tough for many around the nation right now, especially with a large part of the workforce being unemployed. While we can all hope that things return to normal soon, this “new normal” will likely be our reality for quite some time. Without an official end date for the COVID-19 crisis, many landlords are… Read more »
Oakland Ordinance Expands Landlord Requirements and Tenant Rights
Oakland landlords and tenants enter a shifting rental landscape after the City Council passed its Fair Chance Housing ordinance that establishes the East Bay city as the first in California to bar landlords from conducting criminal background checks. This law, adopted by the City Council on February 4, “bans the box” which stops landlords from… Read more »
How to Prevent Common Misunderstandings with Tenants
Every tenant wants a peaceful home. Likewise, every landlord wants good tenants who will take care of their property. Unfortunately, misunderstandings can undermine the goodwill between tenants and landlords. Misunderstandings can quickly escalate and create uncomfortable situations between both parties, sometimes even damaging the relationship permanently. With that in mind, it’s important to know how… Read more »
How to Handle a Tenant Who Won’t Leave After Eviction
Eviction can be hard on everyone involved – tenant and landlord alike. Not only is there a lot of paperwork involved, but the process can be long and draining. To make matters worse, there are occasions when landlords or property managers are faced with a tenant who won’t leave. This can be extremely frustrating –… Read more »