When should you give in to a tenant request?
However you came to be a landlord, it is safe to say that you are not in it to lose money. While a landlord must keep an eye on the bottom line, being a landlord is also a people business, Read more…
When should you compromise with your tenants?
We all know that getting by in life sometimes requires a little bit of compromise. As a landlord, strict adherence to your lease can be a good overall philosophy, but it does not mean that you cannot open the door Read more…
How to turn down a tenant?
For brand new landlords, tenant requests can be overwhelming. The tenant may be making frequent requests, or may be asking permission for things you may not have thought about. No landlord wants to be adversarial with a tenant. To keep Read more…
Determining where to save and where to spend on landlord insurance
About landlord insurance, you have options to customize your policy, and you should. You can be confronted with optional plans and riders, so how do you know where to spend and where to save? Here are some guidelines to help Read more…
Make sure you are covered for all natural and human disasters
Insurance can be complicated. It is easy to select insurance and think you are covered for everything you need. Unfortunately, any holes in your coverage or failings of your insurance company’s customer service will be most apparent on the day Read more…
Insuring Yourself for the Future
How should you review your insurance for the future? Insurance is the type of expense that feels like a waste of money…until it isn’t. Insuring Yourself for the Future helps when an accident or storm damage occur, you don’t want Read more…
Negotiate: Compromise With Your Tenant or Stand Your Ground
Just when you think you have faced every possible scenario as a landlord, a new challenge inevitably pops up. While it’s impossible to conceive of every situation that may occur, it is advantageous to have a few guiding principles that Read more…
Increase your efficiency during lease agreement move-in and move-outs
When managing a lease agreement, with one tenant moving out and another moving in, it is a challenge to stay efficient. During this busy time of the tenant cycle, there are lots of details to keep in place. Most tenants Read more…
Rental Lease Agreement: The Essential Tool for the Pro Landlord
First impressions are always important in any new situation. This is certainly the case between landlords and their tenants. You want to project characteristics such as competence, professionalism, and confidence. The rental lease agreement that you and your tenant will Read more…
Expert Advice for your Rental Improvements
Deciding to make improvements to your rental unit is only the first step in a long, and sometimes pricey, process. When you spend your money wisely, it can lead to more competition for your unit, and a higher monthly rental Read more…