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 »
Posts Categorized: Property Management
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 »
See How Perspective Tenants Live: Visiting Previous Residences
One of the biggest challenges facing landlords is finding the right tenants for their property. Once you have a steady stream of applicants rolling in, you no longer have to worry about getting your units filled, you have to worry about filling them with responsible and respectful renters. It’s important to have a good idea… Read more »
Things to Look for in a Rental Property
So you’re looking to invest in rental property. Congratulations! Becoming a landlord and rental property owner is a big step, and one that can be very rewarding and lucrative. Before you make the leap, there are a number of very important factors to consider when selecting the property you’d like to purchase. Here are the… Read more »
What Young People Look For In Rentals
If your property is located in an area that’s popular with younger renters, you’ve probably wondered if it’s a market you should tap into. College towns and cities are two areas full of younger rental markets, and if you’re interested in making your property appealing to them, there are several things you should know about… Read more »
How to Find a Handyman for Your Rental Property
When you’re going down the checklist for everything you need to have a successful rental property, a reliable handyman is pretty high on the list. As a landlord, you’ll be responsible for property maintenance. That includes emergencies that threaten the wellbeing of your tenants or might damage your property, like a 3AM water heater leak… Read more »
Marketing a Rental on Craigslist, Zillow & Trulia
When it comes to marketing a rental property, landlords have a lot of options at their disposal. There are all the traditional avenues, like print media and radio. You can list in forums online, or create social media profiles to reach potential local tenants. However, some of the best and most underutilized marketing methods are… Read more »
Making the Landlord Life Easier
As a landlord, you have dozens of different things to keep track of. Your to-do list is probably a mile long for every property you own. There’s paperwork to fill out and file, finances to balance, maintenance to do, and tenants to find. Without help, it becomes very overwhelming very quickly. That’s why it’s important… Read more »
Selecting the Right Tenant Screening Service
Seasoned landlords and property managers know that choosing the right tenant screening service can take a ton of worry and guesswork out of renting their property out to new tenants. Doing proper background, credit, and eviction history checks can be time consuming and complicated, so many property owners choose a simpler version that only pulls… Read more »
Lightening the Landlord Workload
Anyone who’s been operating as a landlord for a while can tell you that it keeps you very busy. You have to have a strong work ethic, good common sense, good people skills, great networking connections, organizational skills, and more. You need to be able to multitask, and between screening tenants, advertizing and filling your… Read more »