This is where the rubber meets the road is your first chance to meet interested renters in person. In this guide, we’ll examine the process of showing your rental property to prospective tenants and cover the following: Different types of showings How to reduce no-shows (automatically) Safety considerations Showing an occupied rental property It begs…Read More
With approximately 18.5 million military veterans across the United States, many face a pressing challenge: homelessness. According to the Department of Veterans Affairs (VA), on a single night in January 2023, 35,574 veterans were without shelter. Landlords can play a crucial role in addressing this issue by offering their rental properties to veterans. While this…Read More
Most people think of landlords and tenants living in separate spaces, but what about when you decide to rent out a room in your home? When you do this, you become a landlord just as surely as if you owned another building that you would be renting out completely. Still, the rules and regulations might…Read More
Are you curious about the differences between a sublease and a sublet? Although often used interchangeably, these terms actually refer to two different arrangements for tenants. In a sublease, the original tenant and the subtenant make the deal, while a sublet involves the landlord and the subtenant directly. In both cases, however, the landlord’s approval…Read More
Discover the essential dos and don’ts for landlords considering lease changes. Learn when and how to legally adjust your rental agreements to align with your business needs without breaking into legal pitfalls. Key Takeaways Tenant Consent is Mandatory: Lease changes require agreement from both landlord and tenant, typically through a lease addendum. Use of Lease…Read More
Forbes once recognized ground leases as an often-overlooked development solution, but what advantages do they offer to businesses and property owners alike? With a ground lease, the landlord leases their property for an extended period, usually 49-99 years. But it’s not a standard lease where the landowner manages the property and must approve any developments…Read More
Navigating lease signings involves understanding who needs to be on the lease, from minors to adult children, and the implications of each. Key Takeaways: Legal tenants are those of legal age who sign the lease. Minors should be listed as occupants, not tenants. Adult children (18+) should be on the lease for legal clarity. Co-signers…Read More
It’s widely agreed upon in the rental industry that the bottom line of your success often relies on your lease. Ensuring that this document is clear, thorough, and legal further ensures that you can profit while protecting your assets. For commercial landlords, an NNN, or triple net, lease is often considered the best-case scenario depending…Read More
Navigate the complexities of lease renewal and non-renewal notices with clarity and confidence through this essential guide for landlords and tenants. Key Takeaways: Legal requirements for non-renewal letters and lease renewals. Step-by-step templates for landlords and tenants. State-specific notice periods for lease non-renewals. Answers to frequently asked questions in lease management. As a lease draws…Read More
Your rental lease agreement is more than just a piece of paper—it’s a legal roadmap defining who lives in your property, their financial commitments, and maintenance responsibilities. When a current tenant wants to bring in a new roommate, it’s not just about rearranging furniture but updating that crucial legal contract. Lease agreements are like protective…Read More
