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
You know you’re responsible for meeting certain standards as a landlord, but did you also know that you’re responsible for specific landlord disclosure requirements when renting to a new tenant? Landlord disclosure agreements are an essential part of every lease. Failure to provide these disclosures means you could be sued by a tenant or otherwise…Read More
Knowing how to analyze rental properties is just as important as being able to properly finance your investments. When you uncover the DSCR meaning in rental real estate, you’ll find that you may be able to do both of those things at once. DSCR, also known as debt service coverage ratio, is a financial ratio…Read More
Updated January 2023 The financial aspect of working in the rental industry often becomes overwhelming. For both new landlords and those with experience, tax time is a challenging part of the year. One topic that’s been confusing landlords in recent years is bonus depreciation. Bonus depreciation is a type of tax deduction that has been…Read More
Nearly 15 percent of Florida’s population are renters, and there are thousands of landlords working to keep housing available. Florida is also one of the states with the highest occurrence of natural disasters, meaning landlord insurance in Florida is an essential investment. If you’re a landlord working in Florida without rental property insurance, you could…Read More
New terms enter the industry every few years, and you may start to feel like you’re falling behind. That’s how many landlords think when they hear discussions about rental arbitrage. What is rental arbitrage, and should you be making use of it? Rental arbitrage is a term that emerged to talk about renting leased spaces…Read More
