In this week’s episode, Podcast Host, Andrew Schultz, discusses how long to give tenants to vacate a rental property that you are selling. We’ll also go over what to request prior to purchasing an income property. For example, current leases, payment history of tenants and more. Last, but not least, should landlords photograph a fully-furnished…
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One of the most underutilized management tools that landlords often forget about is the rental ledger. A rental ledger is a simple way to get immediate insight into your rental portfolio, your finances, and how profitable your business is at any given moment. Do you have a tool that allows you to find discrepancies quickly…
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In this week’s episode, Podcast Host, Andrew Schultz, discusses messy tenants and the negative impact that they can have on your property. What’s better for profitability, a condo or a single-family rental? If conditions were nearly exactly the same, which would you choose and why? We’ll discuss our answer. Last, but not least, find out…
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In this week’s episode, Podcast Host, Andrew Schultz, discusses the importance of emergency funds for rental properties, how much to save, where to save and more. Sometimes, tenants just don’t get along. As a landlord, it’s crucial to know how to deal with fighting tenants. Last, but not least, we’ll go over our top tips…
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Updated March 2022 These days, it’s not uncommon to see signs about posting on social media when visiting public places. At the gym, for example, you may see a sign that says something like, “If you do not check in on Facebook, were you ever really here?” Does this type of social media presence extend…
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In this week’s episode, Podcast Host, Andrew Schultz, discusses the topic of rental property scams. What do you do if someone swipes your property photos to create a fake listing? Find out. Sometimes during the application process, you’ll come across applicants applying from out of state. If you’re accepting an out-of-state applicant, it’s important to…
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Updated February 2022 When assessing the risks to your rental property, have you ever considered the risk of meth labs? Landlords know meth labs are dangerous, but that doesn’t mean they necessarily know how directly those labs could affect their business. Landlords everywhere need to understand the importance of educating themselves on meth labs and…
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In this week’s episode, Podcast Host, Andrew Schultz, explores the topic of landlords stumbling across unauthorized pets in a rental property as well as guests! Find out how to approach your tenant about the situation, when and how to send a notice to tenants to remove the pets and people and more. We’ll also chat…
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Updated February 2022 Every year, more landlords rely on tenant screening reports to get the information needed while reviewing and comparing rental applications. Sometimes, however, the data gathered through tenant screening isn’t easy to interpret. As tenant screening coordinators, we get landlords calling into our office all the time, asking us questions about rental judgments…
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In this week’s episode, Podcast Host, Andrew Schultz, explores the topic of cleaning fees for rental properties including a discussion around how to charge and price out the services. My oh my! If you’ve recently discovered asbestos on your property, you might be wondering how to handle the situation, especially if you have a tenant…
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