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
Knowing how to analyze rental properties is just as important as being able to properly finance your investments. When you uncover the DSCR meaning in rental real estate, you’ll find that you may be able to do both of those things at once. DSCR, also known as debt service coverage ratio, is a financial ratio…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
If you’re working as a landlord or property manager, you’re likely already familiar with landlord-tenant law. Even if you don’t know these laws by that name, they outline the rights and responsibilities of both parties that must be followed during a tenancy. Landlords unfamiliar with applicable laws often find themselves in trouble. Financial and legal…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
Wholesaling is not a new practice, but is growing in popularity in the current investing world. Wholesale real estate involves a middleman finding a seller rather than the buyer or the buyer’s agent handling this marketing and research process. But what is it about wholesaling that’s valuable to real estate investors and even landlords working…Read More
Updated September 2022 If there’s one piece of advice that landlords need to remember above all other advice, this is what we would say: Always take enough time to properly review rental applications before you offer to rent your properties to any tenants! No matter how great a tenant might seem when you first meet…Read More
