photo credit: blakespot
If you’re renting a home and you don’t have renter’s insurance then you’ll want to pick up the phone right now and make a call to your local insurance agent. Renter’s insurance is an incredible bargain and can save you thousands of dollars and is actually pretty cheap. (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: nguy1
Being happy in your rented home is obviously important but it doesn’t come automatically when you sign the lease. Being a good tenant improves your chances of having a happy and good living experience. This means being fair and reasonable with your landlord as well as with other renters.
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photo credit: mushroom and rooster
Rental units need renters or they’re not profitable. To get renters you have to advertise and draw people to your property so you can pick and choose from the applicants and always get just the right people. (more…)
photo credit: carterjk
If you’re looking to make a profit with your vacation property then you may have to approach it a little differently. First of all, stop thinking of it as your vacation property and consider it your little money maker. You’re going to need to get a lot of renters to turn a profit and the competition can be stiff. (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…)
photo credit: Foraggio
A lease or rental agreement is something that should never be forgotten or skipped by anyone, whether you’re the landlord or the tenant. Both lease and rental agreements are designed to iron out all the details of the arrangement so problems don’t crop up in the future. If you want to avoid future conflicts, include the following information in your paperwork. (more…)
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…)
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