In a perfect world, every tenant would ensure that they submit their rental payments on time, and you would never have to worry about how to handle late rent payments. The reality is that everyone makes mistakes sometimes. Even if you have great tenants, they may mess up a due date and pay their rent…Read More
Landlords are responsible for the well-being of more than just the property itself. The reason for many of your legal responsibilities is to keep your property in livable conditions for the tenants who occupy your space. This means keeping the water running, land safe, and also keeping the tenants informed about crucial disclosures. Lead-based paint…Read More
A recent paper in the American Journal of Sociology has stated that landlords are exploiting poor Americans… we discuss this research and implications in this week’s episode. Click the play button to hear this episode: Landlords are highly profitable in low-income housing according to this research paper. The negative aspect that this high floor is…Read More
Being a successful landlord is about more than just collecting rent when the due date rolls around. It’s about more than going over and fixing a jammed door from time to time. In fact, there are hundreds of laws that you are required to follow when you are running rental properties as a business. Don’t…Read More
Part of the joy of being a landlord is the pride that comes with maintaining your properties and making them available to tenants who want to rent out a great space. Unfortunately, there may come a time when someone tries to take that pride away from you. Squatting has been a problem for as long…Read More
Handling an eviction is never fun. Dealing with complicated laws only makes it more complicated, and the process can be further delayed if you make any mistakes in your notice, filing, or court procedures. As a landlord, it is very important for you to fully understand when, where, and how 3-day notice to pay or…Read More
While it is your tenant’s responsibility to look after the general well-being of the property while they occupy it, there are always going to be times when you need to visit the property to make repairs and check on things yourself. The terms of your lease will determine who is responsible for what types of…Read More
The lease. It’s the center of your rental agreement with any tenant and is thus the most important thing for you to put time, energy, and money into developing properly. Even if you have a good verbal relationship with a prospective tenant, nothing can protect both theirs and your rights as well as a properly…Read More
You’ve done it: You’ve renovated a property, found a great tenant, and are ready to begin their lease period. Once you’ve given them the key, you’ll be able to stop worrying about this property and move on to the next, right? Yes and no. While finding a tenant and getting them into a property is…Read More
When preparing a rental application form, landlords should always be thorough in the information that they collect. From past references to current plans, there are many things that you could ask that will help you to choose the best, most reliable tenant. It’s not enough to simply create a general application form. Due to the…Read More
