Updated May 2021 As a landlord, you’re always on the lookout for the best tenant out of your pool of rental applicants. When you haven’t been a landlord for long, it’s important to be aware of some common tricks that desperate rental applicants try to pull on naïve landlords. These scams are designed to put…Read More
Updated April 2021 In any business, hiring and managing employees can be a difficult and challenging process. It can also become a legal and bookkeeping nightmare and cost a lot in terms of bureaucracy and record-keeping. As an alternative, hiring independent contractors in the rental industry is common practice. Landlords bring these individuals on as…Read More
Updated April 2021 After winning an eviction case or other civil court case against a tenant, it’s time to collect what you are owed. Once you have a judgment against a tenant for not paying rent, what happens next? Learning how to execute tax refund garnishments for past due rent is a great way to…Read More
Updated April 2021 Sometimes, tenants just don’t work out. From causing frequent problems to finding loopholes right and left, there are many ways this can happen. In addition to the loss of income, a bad tenant can add serious stress to your life. Learning the best way to get rid of bad tenants can be…Read More
Updated April 2021 One of the most frustrating parts of being a landlord is dealing with out-of-control tenants and their out-of-control guests. There is no more significant event that highlights this frustration than when a tenant decides to throw a party. Landlords: You need to stop your rental property from becoming party central. Allowing parties…Read More
Rent money typically changes hands from tenant to landlord without taxation, but does that mean it is not taxable? No, it does not. When owning and renting properties generates income, you are responsible for paying taxes on that money! How rental income is taxed is something every landlord needs to have a good grasp on….Read More
Updated March 2021 The rise of social media has made it easier than ever for tenants to broadcast their opinions about a landlord or property management company – and it has made it harder than ever for landlords to scrub negative opinions or outright falsehoods connected to their names. Should landlords sue for defamation over…Read More
Updated March 2021 Even though you are the rightful owner of your rental property, the law is quite clear on when and how often a landlord can inspect a property. Landlord access to a tenant-occupied property is limited by these laws, and you cannot simply enter at will without good reason. Breaking these rules could…Read More
Updated March 2021 What do you do when your tenant is behind on rent, and you’re left wondering how exactly to handle a late rent notice? It can feel very awkward to send out a late rent notice to tenants you like. Nothing strains a relationship quite like someone owing you money. It’s important to…Read More
Updated February 2021 Credit scores are one of the primary factors used by many landlords to screen renters, but what is a good credit score for tenants? Understanding how credit scores can be used to screen tenants is important for landlords when reviewing rental applications. Choosing reliable tenants is an important foundation for your business;…Read More
