rental yield

What Is Rental Yield? Easy Rental Yield Calculator & Guide

Owning rental property isn’t all it takes to grow your rental business. Analyzing your properties, markets, and plans is also essential to long-term success. Rental yield is one of the best calculations landlords use to calculate how much they make from their properties. What is it about rental yield that is so powerful? The rental…Read More

what is a monthly rent concession

What Is A Rent Concession: Landlord Lessons From RentPrep

To some landlords, it might be hard to understand why you would want to give tenants discounts, free rent coverage, and other rent concessions. What is a monthly rent concession, after all, but less money toward your bottom line? In reality, a rent concession is a discount that builds your long-term profit. Even if rent…Read More

tenant tracker

Tenant Tracking And How It Helps Landlords (RentPrep Guide)

A big part of finding success in the rental industry is keeping organized. Believe it or not, it’s not always about having the best rentals in the area but about being able to keep your business running smoothly. Time and other investments are quickly lost when you don’t have things in order. Sometimes, you need…Read More

best online rent payments

What Is The Best Online Rent Payment Service For Landlords?

Collecting rent is central to your business and success as a landlord. What if you could be doing this with more efficiency and effectiveness? Rent collection doesn’t have to be a tedious task, and tracking the payments collected doesn’t need to take up much time. Instead, you could be saving time, money, and your sanity…Read More

rent payment apps

The Best Rent Collection Apps For Landlords (RentPrep Guide)

For decades, rent collection was primarily done via cash or checks, but that has changed dramatically in the last decade. Now, rent payment apps and other online payment systems are taking over the industry. Landlords, both new and experienced, must learn more about these rent collection apps to see how to best utilize these updated…Read More

Tax Refund Garnishment

How To Execute Tax Refund Garnishments For Past Due Rent

Updated April 2021 After winning an eviction case or other civil court case against a tenant, it’s time to collect what you are owed. Once you have a judgment against a tenant for not paying rent, what happens next? Learning how to execute tax refund garnishments for past due rent is a great way to…Read More

late rent notice

Late Rent Notice Template For Landlords (5 Free Forms)

Updated March 2021 What do you do when your tenant is behind on rent, and you’re left wondering how exactly to handle a late rent notice? It can feel very awkward to send out a late rent notice to tenants you like. Nothing strains a relationship quite like someone owing you money. It’s important to…Read More

rent receipt

Rent Receipt Sample: How To Fill Out A Rent Receipt

Updated January 2021 Collecting rent is one of the primary aspects of your rental business, and there are many ways to bring in that cash flow. Some landlords prefer their tenants using checks; others accept cash. Depending on where you live, you might even be restricted by your state and local laws with regard to…Read More

tenant leaves without paying rent

Landlord Next Steps: Tenant Didn’t Pay Rent And Left

When a tenant leaves without paying rent, you might be left with hundreds or thousands of dollars missing from your business funds. The exact amount will depend on the property and how much rent is owed, but the bottom line remains the same. Your business could suffer due to this loss of income. Is it…Read More

Rental Grace Period

Rent Payment Grace Period – When Is Rent Late?

Updated August 2020 Rent grace periods are sometimes a confusing topic for landlords and renters alike. If rent is due on a specific date, why are renters not immediately responsible for covering a late fee from the next day? Why isn’t the rental payment due date changed to simplify the process? Rental payment grace periods…Read More