Landlords who allow pets do so under specific regulations that protect their properties, and pet screening is a big part of how these landlords succeed. Without a pet interview or screening, landlords may accept tenants with pets that aren’t a good fit for the property. The relationship between landlord and tenant needs to include the…Read More
Recent years have seen the popularity of cryptocurrency, blockchain technology, and NFTs skyrocket. News media cover stories about crypto companies, and many stores have begun their own forays into transactions involving cryptocurrencies. So, what is the relationship between real estate and cryptocurrency like today? As recently as five years ago, many landlords and investors felt…Read More
Tracking the success and growth of your rental business is only possible with the right figures, formulas, and perspectives. One of the most valuable tools for investors is the cap rate for rentals, also known as the capitalization rate. Cap rates boil down a variety of information that gives you an idea of the expected…Read More
There are a lot of numbers to keep track of in the rental industry. From vacancy rates to rent averages, numbers are a constant source of information and wealth generation. But there’s one number that some landlords forget to keep their eyes on: mileage for rental property management. Tracking travel expenses for rental property management,…Read More
Every landlord and real estate investor who owns rental property carries responsibility for paying their taxes each year. This is an overwhelming process for many, and it’s easy to miss out on substantial money-saving deductions. However, missing out on essential rental property tax deductions knocks down your business profits. Deductions consider your business’s expenses when…Read More
When someone says ”landlord,” most people think of residential landlords. Indeed, most landlords work with residential investments before considering commercial properties due to the difference in cost. But do you know what commercial lease landlord responsibilities are involved when changing to commercial work? Many rental property investors are unfamiliar with commercial landlord responsibilities or leases…Read More
Remaining successful in the rental industry requires constant improvements to your properties. Tenants expect properties that align with the current state of the market, and they may even be willing to make some of those changes themselves. In commercial spaces, it’s common for tenants to build out properties to fit their needs. Offering reimbursements to…Read More
It can be challenging for pet owners to find rental properties that allow their pets. Many are happy to pay extra to live in a nice place with their dogs or cats. Landlords can tap into a massive source of highly qualified applicants if they allow pets on their properties. However, they may find themselves…Read More
When thinking about your ideal tenant, have you ever considered a traveling nurse? Many landlords focus on leases that range from six months to over one year, but what if you tried your hand at traveling nurse rental property management? Traveling nurses are often on the road and constantly looking for unique housing options that…Read More
A tenant may ask you to write a rental reference letter in order to help them rent another place down the road. Writing a rental reference letter doesn’t take much time, but some landlords may get confused about what to say. As a landlord, you appreciate an honest and thorough rental reference on prospective tenants, but are…Read More
