The business of property management can be a rewarding and lucrative one, but it can also be time-consuming, frustrating, and overwhelming. The best way to ensure that you are successful and happy as a property manager is to be proactive about coming up with systems, procedures, and routines. By taking Read more…
The pandemic has caused disruptions to rental markets and rental practices. As landlords and tenants alike learn to adjust to the new normal, it’s important that landlords keep their business safe by being informed and proactive about protecting their tenants and their properties during this crisis. By keeping properties safe Read more…
As so many things have changed in recent months in rental markets, it’s more important than ever for landlords to be informed, prepared, and efficient when dealing with tenant and property management issues. Thankfully, taking a few minutes to review some basic tips and tools can help to make things Read more…
One of the best moves you can make as a landlord is keeping detailed records of your expenses to reduce the tax liability on rent income. Of course, depreciation is a significant expense. Even before a property exceeds the 27.5 year depreciation period, you want to use all the expenses Read more…
Landlords should not ignore the fact that every rental needs to be treated for insects. So the question remains: do you hire a professional or do you DIY pest control? If you’re serious about being a successful long term landlord, doing it yourself will clearly save a lot of money. Read more…
While criminal background checks have long been a part of the tenant screening process for landlords, recent legislation in some parts of the country has banned inquiries into potential tenant’s criminal backgrounds. These provisions are aimed at helping ex-convicts find housing after a criminal conviction, a key component of successful Read more…
When screening potential tenants, it’s important for landlords to know all relevant housing laws so that they don’t unknowingly violate federal, state, or local laws or rental discrimination. As a baseline, all landlords should be familiar with federal housing laws. However, because some states and cities have additional laws that Read more…
When moving into a new rental property, there are many logistics for tenants to consider. Amidst the many tasks and responsibilities, it can be easy to overlook some of the key processes that tenants should be prioritizing during move-in. To help you avoid that common problem, here is a tenant Read more…
There is a legal contract between a property owner and a tenant once the lease agreement begins. Both parties have responsibilities they need to uphold once the contract is signed, stating the expectations and standards upon each other. One of the main issues and arguments that have occurred amongst a Read more…
Pets have long held special places in our hearts and homes, so why is it such a big deal to have a pet in a rental property? As people work and school at home, there’s more time to walk a dog, pet a cat and be on-site, thereby avoiding the Read more…