As a landlord, there are many different tools at your disposal. From paperwork templates that some banks offer to online management systems that you might consider purchasing access to, there are hundreds of ways that you could systemize and change your workflow. The problem isn’t whether or not these tools exist; the problem lies in…Read More
Smoke detectors are a necessary part of keeping your renters and property safe. But, unless included in the lease, there is often confusion about who is responsible for installation and upkeep of these critical devices. Ultimately, the hope is that a smoke alarm will protect your renters, their property, your property, and your home from…Read More
If you are a landlord for an apartment building or rental property, then you know the pitfalls of the profession. Getting tenants in the building who will pay bills on time and who understand how much work you do can sometimes seem like too big of an ask when problems are constantly arising. Well, when…Read More
Once you get into the habit of doing things a certain way, its easiest to just keep doing that same thing. We’re all creatures of habit, and the same can often be said about landlords working in the rental industry. Landlords might not even realize when to change property managers because the work they are…Read More
If you’re a landlord that rents out a single-family home, a large apartment building, or even business space, you’ve likely wondered if your rental property is considered a business come tax time. It’s important to know that there are two classifications when it comes to rental property and taxes. You need to know this information…Read More
As a landlord, you’ve probably received a call when a tenant has told you there is a repair needed. These calls often come in the middle of the night, or when you’re trying to enjoy what little time off you have. Sometimes, the call will result in you as a landlord needing to make an…Read More
If you’re a landlord or property manager, chances are you spend far too much time at work. Whether you’re busy scheduling showings, organizing leasing documents, or screening applicants, it’s a lot for just one person to handle. I was in that exact position earlier this year and that’s why I wanted to share with you…Read More
It can be hard to keep track of all the information and paperwork that landlords and property management teams have. Thankfully, there are plenty of options when it comes to property management software that can help take a load off. I wanted to compare two of the most popular: Propertyware vs. Buildium. No matter how…Read More
Naturally, some problems will develop at your rental properties over time. The roof will wear out, the floors will lose their luster, and the walls will need to be repainted. Budgeting this normal wear and tear into the cost management of your property is key to keep your bottom line. But what happens when the…Read More
Some of the links in this post are affiliate and there will be compensation if you purchase through the link. This does not affect your pricing in anyway. There are plenty of options out there when it comes to property management software. If you’re a property manager like me, you don’t have the time to…Read More
