One of the last things any landlord wants to deal with is a tenant who files for bankruptcy. Unfortunately, the likelihood of this happening has increased since the pandemic due to the increased economic uncertainty. A tenant filing for bankruptcy may mean a struggle to claim unpaid rent—and it throws future rent payments into question….
Although raising the rent is part of the responsibility of being a landlord, the process can often feel daunting. To meet your own financial obligations and keep your tenants happy, there needs to be a bit of a balancing act. If you raise the rent too high, you risk losing good tenants; if the increase…
It’s an unfortunate truth in the rental industry: although most people are honest, there are unscrupulous renters out there who try to deceive landlords and property managers with fake pay stubs. These deceptive practices can lead to numerous issues for property owners, from rental payment defaults and property damage to legal complications. For this reason,… How to Communicate a Rent Increase to Your Tenants
Fake Pay Stubs—Tips on How to Spot Them