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costly repair and maintenance mistakes

4 Costly Property Management Mistakes You’re Probably Making

December 30, 2014

Whether you’re an experienced landlord or just getting your feet wet, it’s easy to unknowingly make mistakes managing a property. Many property management mistakes seem small. However, they have a way of snowballing quickly into costly problems. You could be dealing with the fallout of a mistake for months, or even years, as it gathers… [Read More]

Legal Mistakes That Put Landlords in Hot Water

Legal Mistakes That Put Landlords in Hot Water

December 25, 2014

Being a landlord is a profitable choice of professional. However, it can be legally complicated. There are many laws in place across the state and the country regulating landlord practices, and rightly so – tenants must be protected from bad landlord practices. As a landlord, it’s important to know these rules and follow them to… [Read More]

property managers check credit history of applicants

5 Details Every Landlord Needs to Know about Their Tenants

December 23, 2014

It’s easy to become blasé about renting out your property, particularly if you’re an experienced landlord. However, have you considered how much trust is involved when you rent to a tenant? Most tenants are complete strangers to you, but you trust them to live in your property anyway. Even when you protect yourself legally, renting… [Read More]

value and price considerations

The Characteristics of Reliable Contractors

December 18, 2014

Keeping your property in good shape and responding quickly to requests for repairs is one of the biggest jobs of a landlord. Failing to respond in a timely manner can negatively impact your relationship with your tenant. Providing low quality repairs can have the same effect. To ensure you do your job properly as a… [Read More]

home owners excited about renting out their home

7 Tips for Attracting and Keeping High Quality Tenants

December 16, 2014

Any landlord who has performed the difficult search for the right tenant knows it’s more cost-effective to keep a tenant than to continually find new ones. Keeping a good tenant for a long time means less work, less stress, and reliable income. The goal of every landlord should be to attract and keep high quality… [Read More]

7 Things to Know Before Buying a Rental Property

7 Things to Know Before Buying a Rental Property

December 11, 2014

Investing in real estate is a wise decision. As a landlord, you stand to make a lot of profit on your property. However, when it comes to real estate, doing your due diligence is crucial, particularly when you’re investing in property for the purpose of leasing. A poor investment can be a killing blow to… [Read More]

Elements Every Lease Agreement Needs

Lease Basics: Elements Every Lease Agreement Needs

December 9, 2014

The landlord-tenant relationship is a business relationship. One of the most important aspects of maintaining the health of this relationship is the lease. A vague or generic lease agreement is a sure ticket to legal trouble. Some new landlords make the mistake of downloading a lease from the internet. These leases are almost guaranteed to… [Read More]