If you’ve got a tenant in rental arrears, you’re likely stressing about how it will affect your business in the coming weeks and months. How will you handle the late rent, and how fast do you need to act? Rental arrears are not a good place for tenants to find themselves, but they sometimes don’t…
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When property owners first get started on short-term leasing sites like Airbnb, they often don’t think about reviewing guests before accepting them. They may not realize that Airbnb guest screening is something many property owners do before approving a reservation, and that this is an essential part of the process to keep your property in…
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Updated May 2022 Choosing a tenant background check service is not an easy task. Different screening options offer different levels of service, and the differences between the options that exist are not always obvious. But don’t worry; RentPrep has you covered with our tenant background check services reviews. Below, we’ve compiled a list of the…
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In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about how to go about charging tenants for any damage they caused to a rental property. So, your tenants were given a move-out date and agreed that it would work for them, but days after that date, all of their belongings…
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Collecting rent is central to your business and success as a landlord. What if you could be doing this with more efficiency and effectiveness? Rent collection doesn’t have to be a tedious task, and tracking the payments collected doesn’t need to take up much time. Instead, you could be saving time, money, and your sanity…
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In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about using electronic locks for rental properties and which ones are Rent Prep’s top picks. Can you look up a tenant’s criminal history? You sure can. But, what you can do with the information is a puzzle on its own. Find…
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When renting out a property, the tenant gains the right to use the property as their own. In doing so, they take on specific responsibilities. Is the tenant responsible for lawn maintenance as one of those responsibilities, or does that job still fall to the landlord? This question is confusing for many landlords, particularly when…
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Before buying a new investment property, it is essential that you work through your rental property inspection checklist and ensure that you are making a wise choice. Inspections done by you and by professional home inspectors will help you better evaluate potential repair and renovation expenses and rentability. If you choose to skip an official…
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In this week’s episode, Podcast Host, Andrew Schultz, chats about tenants that make a request for an unnecessary repair or upgrade. When dealing with contractors for your rental, find out if it is the tenant or the landlord’s responsibility to let the workers in. Last, but not least, find out what a landlord should do…
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When tenants move out, landlords often end up with many things that need to be donated or hauled away, and it can become a real expense to pay for these processes. This leaves many landlords wondering the same thing: Who will pick up furniture donations for free? Donating furniture in good condition that is left…
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