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]
When Should You Treat a Tenant Repair Request as an Emergency?
Most landlords understand that they’re responsible for handling property repairs and maintenance. While the vast majority of requests your tenants make will be relatively easy and inexpensive to handle, some of them will be both expensive and urgent. These requests are considered to be an emergency, meaning you need to respond as quickly and efficiently… [Read More]
Charging Below-Market Rent? Here’s What You Can Do
Just like numerous other economic factors, rental rates fluctuate over time. Theoretically, they can go up and down. Practically, they only go up over time. That means if you don’t ever change your property’s rent rate, you’re eventually going to be undercutting yourself and charging a number that’s well below the going market rate. If… [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]
How Can You Sell a Property Occupied by a Tenant?
Some people plan to hold their investment properties ostensibly forever. They want to continue earning passive income for the rest of their lives, then pass those investment properties to their children. But for everyone else, there will come a time when you eventually sell your rental property. At the end of a lease, when a… [Read More]
Should You Consider Offering a Month to Month Lease in Texas?
By default, most landlords consider offering only fixed term leases. Fixed term leases are the most common type of lease, providing stability and predictability to both the landlord and the tenant. Typically covering a period of one or two years, these lease agreements form the backbone of the rental property world. But there’s another option… [Read More]
What Are the Best Ways to Contact a Tenant?
At various points in time when managing a rental property, you’ll need to get in contact with your tenant. It could be to provide them with formal notice that you need access to the property, remind them that their rent is due, or simply ask them if one of your recent repairs is still working… [Read More]
10 Important Things to Keep in Mind When Landscaping a Rental Property
Landscaping can be a great way to make your property instantly more attractive, both for its place in the neighborhood and for future tenants. With a beautiful lawn of grass, colorful flower beds, and some trees to provide shade and privacy, more people are going to be interested in your property and you could possibly… [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]
Rental Vacancies Are Nearing Record Lows: What It Means for Landlords
You’ve likely noticed that your rental properties are experiencing fewer and shorter vacancies than usual lately. Even if you don’t have a rental property, you’ve likely seen mainstream publications on the surge in demand (and prices) for rental properties. The data is in. For rental properties all across the country, vacancies are nearing record lows… [Read More]
From Our Blog
The Psychology of Home Buyers: How to Sell Your Home Faster
It’s easy to fall into the trap of thinking that selling your house is as simple as putting a for-sale sign in…