Let’s chat about animals in rental properties, shall we? It’s not uncommon for the subject for landlords and tenants to not see eye to eye. And, yeah, there is no doubt that some animals, despite assisting humans in some capacity, can be a bit destructive. But, that doesn’t change the fact that an animal is…Read More
Navigating lease signings involves understanding who needs to be on the lease, from minors to adult children, and the implications of each. Key Takeaways: Legal tenants are those of legal age who sign the lease. Minors should be listed as occupants, not tenants. Adult children (18+) should be on the lease for legal clarity. Co-signers…Read More
It’s widely agreed upon in the rental industry that the bottom line of your success often relies on your lease. Ensuring that this document is clear, thorough, and legal further ensures that you can profit while protecting your assets. For commercial landlords, an NNN, or triple net, lease is often considered the best-case scenario depending…Read More
Dealing with late rent during eviction can be complex for landlords, balancing legal obligations and financial implications. Key Takeaways: Eviction starts with a pay or quit notice. Accepting late rent may waive eviction rights. Partial payments can reset the eviction process. Tenant screening can help avoid late rent situations. State and local laws may affect…Read More
Are squatters unlawfully living in your property? The rise of squatter incidents have left many landlords feeling helpless, as some laws actually protect squatters and don’t consider the negative impact this activity has on landlords. Along with the frustration, increased stress, and financial strain caused by illegal occupancy, the eviction process can be drawn out…Read More
Your tenants don’t want to live in a home crawling with pests. And you certainly don’t want the value of your rental property to drop due to damage from invasive insects or rodents. But when rodents, cockroaches, or other pests infest a rental, it’s not always immediately clear who is responsible for pest control: the…Read More
Many people dream of diversifying their income streams through investing in rental properties, which can help you to accumulate high-value assets for your long-term financial security. So why don’t more people do it? The most significant barrier to investing in a rental property is coming up with the large down payment needed to make the…Read More
Navigating the rental market alone can be overwhelming. If you’re a landlord seeking tenants for your rental properties, you might consider working with a rental agent to help you advertise, find great tenants, and close the deal. Many landlords benefit from working with professional realtors. However, many also shy away from working with realtors due…Read More
Updated November 2023 Parking is more than just an amenity; it’s a crucial factor that can elevate a rental property’s appeal and profitability. Landlords like you know that good parking facilities can drive up rental rates. However, you’re also aware of the headaches caused by parking-related disputes between tenants and landlords and among neighbors sharing…Read More
If you’re managing commercial property, whether office spaces, retail units, or multi-family units, you probably have multiple properties, multiple tenants, and a huge pile of paperwork to track. It can feel overwhelming. Effective real estate management software designed for commercial properties can be a game changer when it comes to streamlining, optimizing, and growing your…Read More
