Property Management Software, Tenant Screening, and Industry News

Feature Friday: Online Data Storage

By on May 22, 2015 in Education with 2 Comments
Feature Friday: Online Data Storage

  As business professionals; landlords and property managers handle sensitive information about tenants, owners, and properties. It’s important and required that we keep our important and confidential data safe. Some of our data storage needs includes; files specific to the tenant such as the application, screening information, lease agreements, tenant notices, inspection reports. In addition, […]

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All You Need To Know About Property Management Fees

By on May 21, 2015 in Education with 1 Comment
All You Need To Know About Property Management Fees

If you own rental property, deciding to work with a property management company to represent your property is a big decision.  While a lot of owners self-manage their homes, using a management company is an alternative way to secure rental income for less stress and less dedicated time.  The trade off for working with a […]

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Landlord vs. Homeowners Insurance

By on May 20, 2015 in Education with 2 Comments
Landlord vs. Homeowners Insurance

Insurance policies designed specifically for landlords provide added protection for financial loss and obligations associated with your rental properties.  While some landlords assume they can rely on their standard homeowners insurance to cover their rental units, homeowners coverage it usually not sufficient to protect an investment property. Homeowners insurance covers owner-occupied homes while landlord insurance covers […]

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Tenant Screening, The Importance of an Eviction Search

By on May 19, 2015 in Education with 0 Comments
Tenant Screening, The Importance of an Eviction Search

In my previous blogs; Tenant Screening, The Importance of The Credit Report and Tenant Screening, The Importance of the Criminal Background Check I discussed the importance of these two important tenant screening tools. In addition to these two valuable reports an eviction search provides you with a piece of information that you’ll want to know […]

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Feature Friday: Check Printing

By on May 15, 2015 in Education with 33 Comments
Feature Friday: Check Printing

Rentec Direct offers free check printing directly from the software including blank check stock printing for all existing Pro, PM, and Rentec for Associations customers. You can use your laser printer to print all the check fields including the MICR line (the machine readable routing and account # line) just make sure you’re using the […]

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The Real Cost of Tenant Turnover

By on May 14, 2015 in Education with 33 Comments
The Real Cost of Tenant Turnover

One of the biggest cash flow killers in property management is tenant turnover.  When a tenant moves out of your rental property, not only do you miss out on monthly rental income from the unoccupied unit, but the costs continue to add up when you factor in the additional steps it takes to get your […]

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Recreational Marijuana, How Will It Effect Your Rental Business

By on May 13, 2015 in Education with 7 Comments
Recreational Marijuana, How Will It Effect Your Rental Business

  There are 23 states and the District of Columbia that currently have laws legalizing marijuana in one form or another and four states have legalized marijuana for recreational use, my home state of Oregon is one of them beginning July 1, 2015. Landlords and Property Managers in Oregon will be needing to consider how […]

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Tenant Screening, The Importance of The Credit Report

By on May 12, 2015 in Education with 2 Comments
Tenant Screening, The Importance of The Credit Report

Credit reports are available to both property management companies as well as private landlords and costs around ten dollars. The credit report gives insight into how well the tenant pays their bills. Credit scores are a very legitimate and important piece of information that will give you an idea as to whether or not your […]

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Rents Are Up In These Ten U.S. Regions – 2015 Data Reveals

By on May 11, 2015 in Education, News with 0 Comments
Rents Are Up In These Ten U.S. Regions – 2015 Data Reveals

The first quarter of 2015 reveals a continuing trend in rising rent rates across the country. In a report released last week from RentRange and Real Property Management, rental rates for three-bedroom single-family homes were analyze to reveal changes in rent prices across the U.S. in 2015. The “Rental Housing Statistics” report mirrors recent trends […]

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Do Your Tenants Have Long-Term Guests?

By on May 9, 2015 in Education with 3 Comments
Do Your Tenants Have Long-Term Guests?

To protect yourself and your property, every adult living at your rental unit should sign a lease agreement to hold them legally responsible for rent payments and conditions of the lease.  Most standard leases stipulate that tenants are accountable for any guests’ behavior and are responsible for enforcing the property’s rules and regulations. But what […]

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