The lease. It’s the center of your rental agreement with any tenant and is thus the most important thing for you to put time, energy, and money into developing properly. Even if you have a good verbal relationship with a prospective tenant, nothing can protect both theirs and your rights as well as a properly…Read More
As a landlord, there are many things that you will have to deal with on a day-to-day basis. While some might imagine the life of a landlord to be one of ease, simply collecting rent once a month, that is not the case. Instead, your day might be filled with calls from applicants about your…Read More
While winter can be one of the most beautiful times of the year, it can also be one of the most infuriating. From driving on icy roads to clearing your car every morning, winter brings snowfall, and snow can cause many issues for landlords. One of the most common problems that landlords come across is…Read More
You’ve done it: You’ve renovated a property, found a great tenant, and are ready to begin their lease period. Once you’ve given them the key, you’ll be able to stop worrying about this property and move on to the next, right? Yes and no. While finding a tenant and getting them into a property is…Read More
Whether you’re a new landlord setting up your first rental agreement ever or you’re a more experienced landlord that needs a refresher on putting together a month-to-month rental agreement, it’s important that you get a full understanding of what to include and why. Tenancy at will situations, also known as a month-to-month lease agreement, may…Read More
When preparing a rental application form, landlords should always be thorough in the information that they collect. From past references to current plans, there are many things that you could ask that will help you to choose the best, most reliable tenant. It’s not enough to simply create a general application form. Due to the…Read More
Landlords learn quickly that almost everything related to tenants must be written down and kept on file. Authorization letters are an important part of keeping track of changes, adjustments and alterations in the tenant’s residency in your rental unit. Learning how to write clear and detailed tenant letters will benefit your business and your record keeping….Read More
As a landlord, you’re responsible for various transactions with your tenants. Not only do these transactions affect your day-to-day business, but they also could be an important part of future eviction cases or disputes between you and your tenant. For that reason, it’s always wise to document the transfer of funds with a receipt. Keeping…Read More
Owning rental property means you own a business. And when you own a business, you need to remember that your goal is to continuously improve your revenue streams. One important thing for landlords to focus on is changing rent to reflect market rates, inflation, and tax hikes that will otherwise eat into your cash flow….Read More
Many landlords find it advantageous to furnish their rental properties depending on the type of tenant they are trying to attract. At the bottom of this post, we will provide you a furnished apartment lease addendum that you can add to your existing lease. This will help you What is a Lease Addendum? A lease…Read More
