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friendly rent reminder

Maximizing On-Time Rent Payments: The Effective Use of Friendly Rent Reminders

Navigating timely rent payments can be a delicate balance for landlords. In this guide, we explore the effectiveness of friendly rent reminders and how they can benefit both landlords and tenants in maintaining smooth rental transactions. Key Takeaways: Rent reminders can be a gentle nudge to encourage on-time payments. Depending on your relationship with the…Read More

how to ask for rent money nicely

How To Ask For Rent Money Nicely (Plus A Backup Plan)

When tenants don’t pay rent on time, you are put into a difficult situation. Landlords need to take swift action to ensure that their business doesn’t suffer due to late payments, but not all landlords will be ready to move straight to eviction. Landlords like you should always have a good grasp on what can…Read More

Rent Bureau

Best Rental History Bureaus And How They Work

Rental history bureaus are among the most valuable resources available to landlords in screening tenants. Rent bureaus compile and provide information about potential tenants’ past rental behavior to help landlords better predict if they are the right tenants for their property. These bureaus can also perform criminal background checks and identity verification to flag potential…Read More

what is a monthly rent concession

What Is A Rent Concession & Why Should You Use One?

To some landlords, it might be hard to understand why you would want to give tenants discounts, free rent coverage, and other rent concessions. What is a monthly rent concession, after all? One would think it might be tearing your profit to pieces [and not in a good way]. In reality, a rent concession is…Read More

What You Need To Know About California Rent Increase Laws

What You Need To Know About California Rent Increase Laws

Updated November 2023 In recent years, California has seen significant changes in legislation impacting landlords and rental properties. Since the end of 2019, the state has implemented a series of laws that place restrictions on when, how often, and by how much landlords can raise rents, aiming to address the severe housing shortage and homelessness…Read More

raising the rent

How To Raise The Rent On A Property

Updated September 2023 In today’s competitive rental market, it’s common for landlords to raise the rent on their properties periodically. While setting the right rent to attract tenants and maximize value is challenging, the bigger hurdle is often discussing and implementing this rent increase with your tenants. Tenants will often question why their rent is…Read More

What Is Rental Yield? Easy Rental Yield Calculator and Guide

What Is Rental Yield? Easy Rental Yield Calculator & Guide

Owning rental property isn’t all it takes to grow your rental business. Analyzing your properties, markets, and plans is also essential to long-term success. Rental yield is one of the best calculations landlords use to calculate how much they make from their properties. What is it about rental yield that is so powerful? The rental…Read More

Tenant Tracking and How it Helps Landlords

Tenant Tracking And How It Helps Landlords (RentPrep Guide)

A big part of finding success in the rental industry is keeping organized. Believe it or not, it’s not always about having the best rentals in the area but about being able to keep your business running smoothly. Time and other investments are quickly lost when you don’t have things in order. Sometimes, you need…Read More

What Are Rental Arrears? What to Know About Late Rent

What Are Rental Arrears? What To Know About Late Rent

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…Read More

What Is The Best Online Rent Payment Service For Landlords?

What Is The Best Online Rent Payment Service For Landlords?

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…Read More