A Property Manager’s Guide to Handling Difficult Tenants
From the outside looking in, being a landlord is easy-breezy. You buy a property, find a tenant, charge a bunch of rent,…
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A Property Manager’s Guide to Handling Difficult Tenants
From the outside looking in, being a landlord is easy-breezy. You buy a property, find a tenant, charge a bunch of rent, use that money to pay your mortgage, and pocket the rest. Then do it over again…rinse and repeat in perpetuity. But as anyone on this side of the equation knows, it’s not that… [Read More]
5 Ways a Property Manager Can Help You Find Quality Tenants
One of the biggest headaches rental property owners face is tenant drama. Of course, many tenants take care of their units, respect the rights of other tenants, pay rent on time, and cause minimal issues. But some tenants are less than amicable and can raise the blood pressure of investment property owners – and that’s no… [Read More]
What Is Tenant Harassment and How Can You Avoid It?
Ideally, your tenant relationships will be pleasant and mutually beneficial. Your tenants will be nice, polite, and respectful of your property, and in exchange, you’ll make sure they have a good place to live. Unfortunately, landlord tenant relationships don’t always unfold this smoothly. And if you end up in a tense situation with a tenant,… [Read More]
What to Know About Renting to Military Tenants
When it comes to rental properties, most landlords are fairly “tenant agnostic.” In other words, it doesn’t matter what the tenant does for a living, what profession they’re in, where they’re from, or how much money they make. As long as the tenant passes a background check, has good referrals, and meets the minimum income… [Read More]
Finding Good Tenants Is One Thing–Retaining Them Is Another
Did you know about 44 million housing units were occupied by renters in the U.S. last year? Finding good tenants is hard work. It involves advertising vacancies in the right places, charging competitive rental rates, conducting thorough background checks, and doing other things. One source notes that the average time a U.S. renter in a… [Read More]
What Should You Do If a Tenant Lies on Their Application?
Before you can start collecting rental income, you need an active tenant. And before you get an active tenant, you’ll need to collect tenant applications from potential candidates. On these applications, your tenants will provide tons of personal details, including their identifying information, rental history, employment information, and more. So, what should you do if… [Read More]
8 Types of Difficult Tenants (and How to Manage Them)
Sometimes as a landlord, you’ll get lucky. You’ll find a nearly perfect tenant with excellent credit, punctual and respectful habits, steady income, and a burning desire to make rent payments on time while keeping your property in good condition. Sometimes, you won’t be nearly so lucky. If your property portfolio is big enough and you… [Read More]
4 Reasons to Vet Prospective Tenants
Did you know that real estate investors scooped up almost two in 10 — precisely 18.4% — of homes sold in the U.S. during the final three months of 2021? It’s well-known that investing in real estate can be a profitable endeavor over time. In addition to the potential for significant property value increases, real… [Read More]
Types of Services You Can Get from Property Manager
The U.S. property management segment was worth $3.62 billion last year, up from $3.4 billion the year prior, and could reach $6.16 billion by 2028. According to Fortune Business Insights, the industry is on pace to experience a compound annual growth rate of 7.9% between 2021 and 2028. Meanwhile, the Census Bureau counted 48.2… [Read More]
6 Tips to Improve the Move-Out Process for Your Houston Rental Property
The move-out process begins each time a tenant gives notice or if you decide to terminate a renter’s lease. The process plays out whether it’s organized or not, but it’s typically smoother when planned. The move-out process occurs in multiple stages. Sometimes it’s not very even. Tenants refuse to vacate, and some leave behind massive… [Read More]
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