As a landlord, you already know that every state has a particular set of rules that must be followed when it comes to renting out properties. Laws for tenant-landlord relationships and property management businesses are primarily set on the state level, so it is up to you to be familiar with the particulars of your…Read More
Strict proposed screening laws have pushed Minneapolis landlords too far and they’re pushing back… The ordinance would also disallow property owners from denying an application because of an insufficient credit history, credit scores lower than 500 and eviction judgments more than three years old. Subscribe: Apple Podcasts | Android | Stitcher Join our Facebook Group…Read More
The basis of every law about landlord responsibilities point to this fact: You are responsible for maintaining your properties in livable condition. There are certain necessities of life that you cannot block or prevent your tenants from having at your property, like water and electricity. When you do need to turn off a service for…Read More
Eviction is a difficult process to go through. This isn’t just because there is a lot of paperwork and time involved, but also because there are always cases where the tenant overstays their notice and simply won’t leave! When a tenant won’t leave after eviction, landlords find themselves stuck, frustrated, and losing money fast. While…Read More
The average rent in Mountain View, CA (home of Google) is $4,150. This is leading to many people (including employees) to live in vans parked in the pristine streets and some people are not happy about it. A growing population of people are bypassing rent and mortgage payments in favor of van dwelling. Listen in…Read More
Massive to the tune of $167 million in fraudulent multifamily loans Robert Morgan is one of the largest landlords in the United States and it turns out he’s been running a ponzi scheme to scam private and commercial lenders. More details abound in today’s episode Subscribe: Apple Podcasts | Android | Stitcher Join our Facebook…Read More
A friendly reminder to spend as much time as possible working on your business instead of in it. This is something I struggle with at times but I’m getting better at. I talk about the old adage of working on your business instead of in it and how to apply this thinking to being a…Read More
No matter how much care you put into finding a great tenant or ensuring that your rental agreement covers all the necessary details, there will come a time when you need to deal with eviction forms. Even if you don’t ultimately end up in a court proceeding through a full-blown eviction hearing, there are going…Read More
In a recently released settlement, a judge ordered landlords of an apartment building to provide a regular key for tenants who don’t want to use the smart lock… The first settlement of it’s kind addressing privacy concerns from tenants over smart locks that have data sharing apps. Something to be aware of before dropping lots…Read More
When working as a landlord, it’s your responsibility to keep up with not just federal laws but also with local and state laws as well. In fact, most aspects of renal property management are dictated by state laws and further refined by local laws. Everything from how many days notice you must give a tenant…Read More
