The success of a landlord’s rental property business hinges on finding tenants. But not just any tenants, great tenants who will pay on time, respect the property, and in the best-case scenario, become long-term renters. Unfortunately, finding these great, potentially long-term renters will not be a one-and-done proposition but a routine part of managing a …
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Tenant Appreciation: Celebrate Back-to-School Time You know that part of investing in rental properties is the investment you’ll make in the tenants who reside in said properties, right? Because to bring in the steady stream of income that will keep your rental business operating in the black requires satisfied, preferably long-term tenants. And that scenario …
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Loopholes of Real Estate is from the Rich Dad’s Advisors series. In this look-before-you-leap guide to real estate investment, Sutton shares advice for reaping the financial opportunities available in real estate – providing that you check the water depth before diving. In other words, don’t enter the realm blindly – learn the system. Sutton doesn’t …
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Should a landlord utilize child-proofing methods in their rental properties? The answer to that question is – probably. Properties with safety features can be more appealing to potential tenants with young children, and can reduce liability risk as well. Fortunately, equipping units with the fittings and tools to ensure children are safe does not require …
With the costs of goods and services steadily climbing, protecting the bottom line is more critical than ever for landlords. The Dilemma Continue to meet financial obligations, pursue business goals, and maximize profits, all while offering housing options that are affordable and attractive to today’s tenants. The Formula Maximizing profits by increasing income while reducing …
We naturally try to distance ourselves from creepy, crawly pests of all varieties—rodents, insects, snakes. The very thought of these intruders invading our space is unpleasant at best. As landlords, it’s your job, and responsibility, to maintain a pest-free rental property. In fact, in many states, it is a legal requirement. Addressing creepy, crawly unwelcome …
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Do I need a landlord-tenant attorney who focuses specifically on legal issues relating to landlord and tenant rights? Every landlord must answer that question for themselves, as each property owner has a unique combination of circumstances. So, let’s focus on the questions that will help landlords determine their need for an attorney specializing in …
Ever present in a landlord’s thoughts is the burning question, “How can I prevent tenant property damage?” Of course, all hopes are pinned on the best-case scenario, that any damage will be light and of the normal wear and tear variety. But wise property owners understand the need to consider damage scenarios that fall into …
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The dream of every landlord is to have all rental properties occupied. And when satisfied tenants fill those units, that’s icing on the cake. So what reduces turnover and keeps renters happy? A positive tenant experience. Landlords and property managers often seek tips on tenant retention in an effort to reduce the costs associated with …
Gone are the days when multiple properties popped up for sale on a weekly, if not daily, basis. Buyers had time to peruse listings, do a leisurely drive-by or two, and work their way toward an offer. But today’s housing market moves much too fast for that laidback approach. Now, properties often move from listing …
