Posts Tagged ‘Tenants’

Tips for New Property Managers

July 5th, 2008

bruno taut, onkel toms h?tte, 1926-1932
Creative Commons License 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…)

How to Evict that Tenant

July 4th, 2008

time is UP!
Creative Commons License 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…)

Five Tips to Being a Great Landlord

June 25th, 2008

Break-In Detail #1
Creative Commons License photo credit: timsamoff

Want to be a great landlord but don’t know where to start? The following five tips will get you up and running and keep you in your tenant’s good graces. They’ll also help you increase your income and get the most out of your property. (more…)

What to Know Before Buying Property

June 19th, 2008

IMG_0535
Creative Commons License photo credit: Jug Jones

If you’re new to the investment property game then there are a few options to consider before you dive in and buy your first rental property.

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Can you Screen Your Tenants

June 18th, 2008

A Thousand Pictures Is Worth A Word
Creative Commons License 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…)

Upgrades that Pay Off

June 15th, 2008

Wall Street Kitchen 2
Creative Commons License photo credit: thekitchendesigner.org

If you’re a property owner then you’re probably looking to get the most value out of your investment as you can, especially if own rental properties and consider this a major part of your income. One way to increase the value of your property is by making wise upgrades and investments. (more…)

Property Modification Contracts

June 4th, 2008

Painting
Creative Commons License 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…)

Property Management Software

June 1st, 2008

My computer
Creative Commons License photo credit: Julio Aguiar

Are you ready for a property manager or can you still do it yourself. Some property owners begin to feel overwhelmed as they get more tenants and more property. These added responsibilities come with more stress and more pressure and may leave you wanting some additional help. (more…)

How to Research Property

May 22nd, 2008

study.
Creative Commons License photo credit: billaday

Thinking about investing in property is a big step, but there are several steps between your initial thoughts and actually purchasing the property. In fact, a lot of people never actually get to the last step. But if you’re in the thinking stage then it may be time to move into phase two, researching the area and the property.

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How to Hire a Property Manager

May 20th, 2008

Shaking Hands
Creative Commons License photo credit: Aidan Jones

A lot of property owners reach a point where they have more rental units and property than they can personally manage. It’s important to take a step back and admit when you’ve hit this point, if not your tenants, property, business and reputation will suffer. When you hit this point, it’s probably time to hire a property manager. (more…)