photo credit: Lexsion
Being a landlord is one thing, but being a good landlord is another. If you’re thinking about renting your property or getting into the landlord business then set your sights on being a good landlord and save yourself the headache and trauma of having bad tenants and facing future lawsuits. The following tips will help you in your effort to becoming a landlord that your tenants respect and may actually like.
photo credit: ?Florian
Whether you’re new to the landlord game or an old pro, you may be wondering if you’re charging your tenants enough rent. If this rental unit is new to you then you should request a past rental history report. Although this will not guarantee your rent should stay at the same level it’s a good starting point. (more…)
photo credit: TheAlieness GiselaGiardino??
One of the things that many people fail to take into account when they consider working as property managers is the fact that they are always going to end up stuck in the middle. The purpose of the property manager is to work as a liaison between the landlord and the tenants of the property. To do so without going crazy, you really need to be able to draw clear boundaries on both sides as to what your role is going to be. (more…)
photo credit: allygirl520
Should you collect last month’s rent when your tenant moves in? Most landlords do not collect a last month’s rent, instead they collect as much as they possibly can for a security deposit and use that to defray any costs or rent that is left over after the tenants move out. (more…)
credit: matsuyuki
There’s a lesson that all experienced property managers and property owners have learned but not all of them follow. It’s an obvious piece of advice that everyone should know but not everyone follows.? But, if you do you’re certain to save yourself from future problems and possible lawsuits. (more…)
credit: Jef Poskanzer
Rent or own, that’s the question. You need to live somewhere so you need to decide whether you’re going to rent a home, buy your own home, or continue living in your parent’s basement.
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