Property Management Tips

month to month lease vs. fixed-term lease

Month to Month Leases vs. Fixed-Term Leases – How Do They Work? What Are the Benefits?

Whether you’ve owned your rental property for years or it’s your first rodeo, deciding to offer your tenants a fixed-term lease or a month-to-month lease can seem like a big decision but understanding how they work and the benefits of each will help you make a more informed decision. Fixed-Term Lease The most common rental …

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communication

Tips for Improving Landlord & Tenant Communication

Having an open line of communication with your tenant is extremely important to build a trusting relationship and to ensure timely interaction when things come up. If you’re having a difficult time communicating with your tenant, here are some tips for improving that relationship. 1. Highlight the positives When signage goes up about elevators being …

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What Do I Do if a Tenant Ruins My Property?

Owning an income property is an exciting opportunity but just like everything else, things don’t always go as planned. Some years you might have amazing tenants that pay their rent on time and abide by the terms outlined in their lease, but other times you might have a tenant that never pays rent on time, …

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