Say you find yourself in a position where your tenant has left the property and find that they have left some of their belongings behind. You need to know that there is a procedure that needs to be followed to either return or dispose of their belongings. You need to know what the laws in …
What to Do When a Tenant Leaves Their Stuff Behind Read More »
If you’re a property owner, you already know how managing a rental property can be financially rewarding, but you also know it requires significant commitments. Personally managing your rental property may initially seem like saving money, but it’s not that simple. A hands-on, “do it yourself” approach is suitable for handy people, but… Do you …
6 Reasons to Hire a Professional Property Manager Read More »
For many investors, adding real estate properties to their portfolio is a no-brainer. As is the case with any investment, protecting that asset is of the utmost importance. Many property owners think by employing someone else to care for their properties, they are losing money. In actuality, more time to tend to other securities or …
3 Questions All Landlords and Rental Property Owners Should Ask Read More »
Most landlords collect a security deposit from tenants when a lease is signed that is equal to one month’s rent to cover any damages or unpaid rent. While collecting a security deposit was the smart thing to do, it doesn’t always cover the total amount of damages or unpaid rent. If you find yourself in …
What To Do if the Deposit Doesn’t Cover the Damage or Unpaid Rent Read More »
The relationship between a landlord and a tenant is a tenuous one. When both parties do what is required of them, without trying to evade the costly or the arduous obligations, the whole experience is a joy. It is not uncommon for people to come to the conclusion that someone else should fix the mess …
It goes without saying that these are very trying times. Many of us have never had to deal with situations of this nature before, and one of the biggest impacts COVID-19 has had on millions of us is the loss or lack of income due to lay-offs and businesses closings. There is no denying that …
How Tenants and Landlords Can Work Together During Covid-19 Read More »
Landlords often have concern over having a good tenant with rent being paid on time. One of the benefits of having a section 8 tenant is knowing that a portion, if not all, of the rent will be paid on time (often early!) since it is a federally funded program. The Section 8 housing voucher …
Working With Section 8 Housing Vouchers – What Landlords Should Know Read More »
A security deposit is that which you pay upfront in the event that there are any damages or negligence committed towards a rental unit. This is a way for the Landlord to protect their property. With that being said most people expect to receive their deposits back when their lease is up and they move …
Wondering If You’ll Receive Your Security Deposit Back? Read More »
When you decide to invest in rental real estate, if you play your cards right, you’re definitely looking at great long-term profits. But there’s only one issue – being a landlord is a much more complicated obligation than most people assume. Unfortunately, most people think that managing a rental simply means collecting the rent money, …
