Ready to hire a property manager? According to an infographic on MySmartMove, 44% own, but do not manage their rental property. You need to ask the right questions to hire the best property manager for your rental portfolio. A property manager has experience in finding the right tenants and managing all those tedious tasks that…Read More
It can be challenging for pet owners to find rental properties that allow their pets. Many are happy to pay extra to live in a nice place with their dogs or cats. Landlords can tap into a massive source of highly qualified applicants if they allow pets on their properties. However, they may find themselves…Read More
If you have a vacant rental property, your goal is to get the best tenant possible for your rental. To get a good tenant, you want to get many people interested and apply. Good photos of your rental property will help you do just that. Have no fear! Good photos don’t mean spending thousands on…Read More
Most successful landlords understand the importance of a move-out checklist. It’s the document that requires both landlord and tenant to go through the rental property a week or so before the tenant moves out. Landlords prepping a unit for turnover might think that the condition of the property is good enough or they are so familiar with the…Read More
When thinking about your ideal tenant, have you ever considered a traveling nurse? Many landlords focus on leases that range from six months to over one year, but what if you tried your hand at traveling nurse rental property management? Traveling nurses are often on the road and constantly looking for unique housing options that…Read More
As a landlord, you want to find the perfect tenant, but also want to make sure not to ask illegal rental application questions. With that, that means carefully screening applicants and getting to know them as best you can. But, there are questions that landlords cannot ask an interested renter. Part of the process of…Read More
Landlords are required by law to behave a certain way, such as providing notice before entering and delivering written notices for lease violations. They are also required to provide their tenants with a number of things when renting out a property, such as working electricity and plumbing systems. When it comes to appliances, however, many landlords…Read More
You know you’re responsible for meeting certain standards as a landlord, but did you also know that you’re responsible for specific landlord disclosure requirements when renting to a new tenant? Landlord disclosure agreements are an essential part of every lease. Failure to provide these disclosures means you could be sued by a tenant or otherwise…Read More
Ensuring your profit margin as a landlord is about more than property management—it’s also about tax management. Taxes play a significant role in the overall finances of your business, and they can even provide big breaks. Understanding your options for accelerated depreciation on real estate is essential so you don’t miss out on this potential…Read More
When things get frustrating for landlords, retaliation against tenants occasionally happens. Feeling out of control of the property they own, landlords sometimes make the mistake of overstepping their legal boundaries and committing landlord retaliation. Retaliatory action, however, is a serious offense. These actions typically move landlords further from conflict resolution and closer to fines or…Read More
