First-Time Landlord Tips
Are you a first-time landlord? Don’t worry, we’ve got you! Knowing how to be a good landlord requires extensive knowledge of renting, as well as the right tools to make the process easier. For a beginner, managing both a rental property and tenants can easily be overwhelming if you’re not sure where to start. Luckily […]
What do tenants want in their neighborhood?
If you are looking for the perfect investment property or trying to increase your portfolio, buying a property that matches most, if not all, of the tenant’s criteria makes sense. Your property would always be easier to rent and nearly always demand the maximum rent for the surrounding area. In today’s post, let’s go over […]
Mistakes landlords make when negotiating with tenants
In your career as a landlord, negotiating with your future tenants is a must. You can also have a situation when your current tenant will negotiate during lease renewal. Negotiations may not always run smoothly, and, if you don’t hold your ground, you can end up with an agreement you’re not very happy with. This […]
What to do when you have a bad relationship with your property manager
They say working with people is the hardest job there is. Relationships are not the easiest to build or maintain and one has to watch out for business relationships, in particular. Property management is an industry that comes with many opportunities, but many challenges as well. This issue can come in the form of a […]
5 Problems You May Find in Newly Constructed Homes
Running into construction problems with your new property can feel like a nightmare. Let’s be honest; no landlord wants to invest in a faulty property repeatedly, as it’s non-profitable for their business. As with everything, there are issues you can easily spot, and there are the ones that run deeper than the surface, which can […]
Features Renters Look For
When searching for a rental property, renters have a variety of features they look for to meet their needs and preferences. Landlords and property managers want to attract high-quality tenants that will bring a good income stream, thus need to foresee what these potential renters are looking for. These attributes might consist of things such […]
How a Property Manager Can Save The Day
Are you a landlord who’s been struggling to keep up with the demands of your tenants? Are you overwhelmed by the amount of paperwork and maintenance that comes with being a landlord? If so, it may be time to consider hiring a property manager. A property manager can take the stress off of you […]
Signs your property needs professional maintenance
The landlord is responsible for the upkeep and maintenance of your property. This means that you need to stay on top of any potential issues that could arise. Knowing the signs that your property needs professional maintenance can help you catch problems before they become too serious and costly. Read on to learn more about […]
9 Things a Landlord Can Not Do
As a landlord, certain legal obligations and guidelines must be adhered to when managing a property. This is to ensure the safety and well-being of both tenants and the landlord. When it comes to renting out a property, there are certain things a landlord simply can not do. This post will provide an overview of […]
7 Steps To Screening Tenants
7 Steps To Screening Tenants The key to a successful investment property is a great tenant. Make sure that you thoroughly screen potential tenants before you have them sign a lease agreement. 1. Pre-Screen Potential Tenants Before you even meet with a potential tenant, set certain criteria regarding minimum credit score and income so that […]