photo credit: BinaryApe
It’s been said before and it will be said again but it bears repeating, choosing the right tenants is the most important job a landlord, property manager and property owner has. To make sure you’re getting the best tenants possible, you’re going to have to do a little work. (more…)
photo credit: A i t h n e
Are you an individual who has rental property? If so you are being targeted by felons as someone to rent from. The word on the street for convicted felons is that renting from a rental agency or a huge complex is nearly impossible because these agencies do a thorough job of checking out prospective tenants, meaning they do credit and background checks for every single applicant. But individuals have a reputation for not being as thorough. (more…)
photo credit: seier+seier+seier
Are you a first time property manager? It’s a promising career and one you can make a small fortune at if you’re a good it. Follow the tips below and you’re certain to be a stronger, better property manager and happier with the job as well. (more…)
photo credit: illryion
You’ve given them more chances than they deserve and they’ve got to go NOW! It’s a horrible feeling but unfortunately its one that a lot of landlords and property managers have experienced. You try to help out the tenant and work out a solution but they’re still breaking the rules or not paying rent on time and now you just want to get rid of them. The problem is there are fair housing rules in each state and sometimes in each community that protect the tenant from an unlawful eviction. These laws mean there are certain hoops that landlords have to jump through to obtain a legal eviction. (more…)
photo credit: Clearly Ambiguous
You’ll hear it over and over again that screening your prospective tenants is one of the most important things you can do as a landlord or a property manager, but what if you already have tenants in the unit, can you screen them now? The answer is no. (more…)
photo credit: Photocapy
It’s your property and keep this in mind when you’re renting to tenants. If you don’t want the tenant to modify the property in any way whatsoever, make sure you include this in the written contract. It’s the only way to make sure you’re point has hit home and it provides you with a legal remedy if they do make alterations. (more…)
photo credit: stangls
Landlords and property managers have noticed a trend over the past few years that they generally see as a benefit: there are more renters on the market these days. That’s because many home owners have lost their homes to the subprime mortgage bust and the general decline in the housing economy. These people can’t afford to buy another home so they end up getting back into the renting pool. (more…)
photo credit: diongillard
Screening your prospective tenants needs to be taken seriously and treated like a job. You need to follow the same screening procedure for each applicant and document your work. These steps are not only important for you to make sure you’re getting the right sort of tenant but they’re important protection against discrimination suits. (more…)
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