Landlord Questions

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Q: Who is liable for a roof leak that caused mold – the property owner or manager?

I reported a roof leak in August 2014 to the resident manager. I requested a moisture and mold test be done after the roof was replaced and the interior could be repaired. Only last month did they authorize a test, and we waited over two weeks for a result. We…






Q: Can property managers authorize emergency repairs without notifying the owner?

“Without any advanced notification to the rental property owner, can a property management company authorize repairs reported over a weekend by the tenant as an ’emergency’ and charge the owners for those repairs?”  – Denise from Maryville, TN That’s a great question that can usually be answered by a close…

Q: Where are the best places to invest in rental property?

Q: Where are the best places to invest in rental property?

Where can I get the most bang for my buck as rental property investor? One of the best lessons about investing I ever learned was this: “Make your money when you buy, not when you sell.” That is, look for investment properties that seem to be priced at a discount…






Q: What can I do about my mold problem?

Q: What can I do about my mold problem?

A bad mold problem can be a landlording nightmare. If you have a unit – or units – that have developed a mold problem, then you’ve got a problem, too. At a minimum, you are facing some expensive repair and mitigation bills that may or may not be covered by…






Q: What determines the habitability of a property?

Q: What determines the habitability of a property?

Can a landlord legally continue to collect rent & allow tenancy in CA if he becomes aware of code violations in the rental? (Hsc & building) What can happen to the Landlord/tenant if tenancy continues? – San Francisco, California The answer depends on the details, of course, but assuming we’re talking…






Q: What are some rental property predictions for 2015?

Q: What are some rental property predictions for 2015?

All good investors are visionaries. That is, before making an investment they make predictions about the future – which may or may not come true. That said, and working with the humility appropriate for any investor with a healthy appreciation for risk and instinct for survival, here are eight trends…






Q: What do Rental Ranking cap rates mean for my investment?

Q: What do Rental Ranking cap rates mean for my investment?

Does your 6.25% cap rate for Salt Lake City reflect single-family dwellings or multi-family?  Would you provide some examples?  Thank you for writing! For the benefit of other readers, you are referring to the cap rate for the Salt Lake City metropolitan area that we published in our exclusive Rental…






Q: Can a property manager take over without tenant permission?

Q: Can a property manager take over without tenant permission?

Can property management take over month to month without providing tenant signature from landlord regarding change? – Chandler, Arizona Yes, indeed, a property management company can take over the handling of any lease, including a month-to-month lease, from the landlord. And it doesn’t require the tenants’ approval, either. The property management…






Q: My tenant won’t care for the yard, what should I do?

Q: My tenant won’t care for the yard, what should I do?

My tenant won’t take care of the yard maintenance, what should I do? First, let me ask a couple of pointy questions:  1. What, precisely, does it say about yard maintenance in the lease? If there’s no mention of it in the lease, the tenant doesn’t have an obligation that…






Q: How do property managers help improve ROI for my property?

Q: How do property managers help improve ROI for my property?

How do property managers help me improve ROI for my rental property? I love questions that refer to ROI, or return on investment, because that’s where the rubber meets the road. ROI is the engine that drives all economic development! It is the lifeblood of progress, and it’s why you…






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