Updated July 2021 Keeping tenants on regular leases is the preference of experienced landlords, but sometimes, you end up with a holdover tenant that stays at the property beyond the official tenancy period. How can this precarious situation end up affecting your business long term? There are potential positive and negative outcomes of this situation,…Read More
Updated July 2021 Looking for marketing ideas that will fill rental vacancies quickly? Finding the right tactics to use when trying to market a new property is difficult, but filling vacancies is essential for any successful rental business. A vacant rental property is like a pimple on the complexion of your real estate investment business—it’s…Read More
Updated July 2021 Collecting security deposits from tenants is an essential part of being a landlord. However, handling security deposits is one of the most rule-specific responsibilities of a landlord’s financial world. If you make one of many potential security deposit mistakes, you could be on the hook for big fines or penalties. Every state…Read More
Updated July 2021 Landlords often invest time and money into finding the best team of property managers, carpenters, and other skilled professionals to work with. Though they might not always realize it, landlords should also put the same energy into hiring a landlord–tenant attorney. A rental attorney intimately familiar with landlord–tenant law in your state…Read More
Updated June 2021 As a landlord, you might want to change the lease rules that you have in place, to better reflect the needs of your business. Can landlords change rules mid lease, or is this illegal? It’s essential that you understand when you can and when you cannot make changes to the rental agreement…Read More
Updated June 2021 When you’re ready to get moving on your tenant screening process, you might be left wondering how long does a credit check take? Planning for how long it will take to screen applicants thoroughly is an integral part of the process. If you don’t give yourself enough time to screen tenants, you…Read More
Updated June 2021 Tenant screening is crucial for landlords, but does that mean it needs to be an expensive part of the business? Whether you have property managers handling tenant screening or do it yourself, you need to know what tenant screening costs your business will incur. Many landlords hear tales of the hours of…Read More
Updated June 2021 Owners of expansive investment property often struggle to find enough time each day to run their business. From collecting rent to finding ways to increase their rental income, there are many pieces to juggle when working in the rental industry. Investing in rental property management fees rather than extra-long nights is a…Read More
Updated June 2021 Getting the most complete tenant screening report possible on a rental applicant is a major priority for landlords, but they must make sure they are following FCRA tenant screening rules. If they cross the line on how they screen potential tenants, landlords could be faced with a number of significant issues. Whether…Read More
Updated May 2021 When meeting a new prospective tenant, getting to know their rental history is a great way to find out if they’re going to be a good fit for your own property. But what exactly is rental verification, and how can it help you to connect a tenant to their rental history? Real…Read More
