Posts Tagged ‘landlord’

Who Maintains and Repairs a Property

May 9th, 2008

tool box
Creative Commons License photo credit: _sarchi
A lot of people have the misconception that it’s a landlord’s responsibility to repair a rental unit and it’s the tenants responsibility to maintain it. This might actually be a good rule of thumb to live by, but it’s not a legal tenet and doesn’t apply in all situations. (more…)

Be Landlord Friendly to Yourself

May 6th, 2008

High Street Governors Manor
Creative Commons License photo credit: Cindy Funk

Landlords can actually be their own worst enemy. It’s important to remember that being a landlord is a business above all else, whether you’re renting out a room in your home or you own a large number of multi-unit buildings. (more…)

How to be a Good Landlord

May 4th, 2008

Marina Court.
Creative Commons License photo credit: Matsuo Amon

You know that having the right tenants is key to having a good landlord/tenant relationship. But being the right sort of landlord or property manager is also an important element in this symbiotic relationship. Follow the tips below to be a highly regarded property owner. (more…)

Lease Versus Rental Agreement

May 1st, 2008


Creative Commons License credit: Claire L. Evans

So what is the difference between a lease and a rental unit? A lease is typically a long term agreement for a specified period of time. A standard lease is for 12 months. This means that you’re guaranteed rent from your tenant during that time, but the rent will stay at the rate you set and you are also expected to keep that tenant unless they break certain terms of the lease. (more…)

Entering your Rental Property

April 25th, 2008


Creative Commons License credit: lucianvenutian

It’s your property, right? So you should be able to enter whenever you want. Wrong! If you’re renting property to someone else you give up the right to use that property whenever you want for whatever purposes you want and in return, you get a little (or a lot) of extra income. But your tenants also gain some rights when they rent your property, one is the assumption that you will not enter their living quarters without permission or proper notice, unless, of course, there is an emergency. (more…)

Preparing for Court: Landlord/Tenant Disputes

April 23rd, 2008


Creative Commons License credit: akeg

Taking a tenant to court or being taken to court by a tenant can be a very stressful situation. You can alleviate that stress a little bit by taking the proper steps from the very beginning, in fact, if you’re meticulous enough, you might even be able to avoid court all together. (more…)

Tenant Retaliation Laws

April 18th, 2008


Creative Commons License credit: bloomsberries

If you have a tenant from hell it might be tempting to kick him or her out of your property. But you had better make sure your definition of a hellish tenant conforms with the law. Almost every state and some cities provide protection for tenants from such retaliation if the renter is exercising a legal right. (more…)

Get that Dream Rental

April 14th, 2008


Creative Commons License credit: Brian Turner

If you’ve found the perfect rental unit, then it’s possible and probably quite likely that it is also someone else’s dream home. So, to get that dream rental you may have to take some proactive measures. (more…)

Landlord Maintenance Responsibilities

April 13th, 2008


Creative Commons License credit: Del Far

Now that you own a rental property, it’s time to plan for repairs and develop a maintenance schedule. The first step is to determine what you’re responsible for as a landlord.

(more…)

Security Deposit Safety

April 12th, 2008


Creative Commons License credit: from a second story.

If you want to insure that you either get all of your security deposit back when you move out, or that you at least get your fair share back, then you may have to be proactive. Security deposits are something that landlords and tenants often dispute after the lease has ended. The best way to protect yourself is to cover as many bases as possible.

(more…)