Updated February 2022 When assessing the risks to your rental property, have you ever considered the risk of meth labs? Landlords know meth labs are dangerous, but that doesn’t mean they necessarily know how directly those labs could affect their business. Landlords everywhere need to understand the importance of educating themselves on meth labs and…Read More
Updated January 2022 When a tenant breaks a lease agreement, it’s sure to cause additional property management problems. However, there may be circumstances where the tenant has a good reason to do so. One of the most common scenarios is when there is domestic violence. Landlords must know what to do when tenants are breaking…Read More
Updated November 2021 Landlords both new and experienced often come to the same point in their career. That is the point when they start to wonder whether or not they should create a landlord LLC (Limited Liability Company) to better manage their rental property. Most landlords in the rental industry get curious about LLCs because…Read More
Updated August 2021 A comprehensive credit and financial history is a key component of every tenant screening report. But how long is bankruptcy reportable on these consumer reports? Due to how closely linked bankruptcy, credit, and debt are, they are all considered public records and are included on consumer credit reports. However, not all bankruptcies…Read More
Updated July 2021 Keeping tenants on regular leases is the preference of experienced landlords, but sometimes, you end up with a holdover tenant that stays at the property beyond the official tenancy period. How can this precarious situation end up affecting your business long term? There are potential positive and negative outcomes of this situation,…Read More
Updated July 2021 Collecting security deposits from tenants is an essential part of being a landlord. However, handling security deposits is one of the most rule-specific responsibilities of a landlord’s financial world. If you make one of many potential security deposit mistakes, you could be on the hook for big fines or penalties. Every state…Read More
Updated July 2021 Landlords often invest time and money into finding the best team of property managers, carpenters, and other skilled professionals to work with. Though they might not always realize it, landlords should also put the same energy into hiring a landlord–tenant attorney. A rental attorney intimately familiar with landlord–tenant law in your state…Read More
Updated March 2021 The rise of social media has made it easier than ever for tenants to broadcast their opinions about a landlord or property management company – and it has made it harder than ever for landlords to scrub negative opinions or outright falsehoods connected to their names. Should landlords sue for defamation over…Read More
If a tenant changed the locks without permission on the rental property once they move in, is that okay? Or is this against proper rental regulation? Think about it this way. When a tenant is living in one of your rental priorities, they take over many of the rights associated with property ownership. If the…Read More
No matter how carefully you select your tenants, there is always a chance your tenant is going to end up on the wrong path. In cases where a tenant is using illegal drugs at the property, you’ll be left wondering what to do next. Can I evict a tenant for illegal activity? Is there a…Read More
