Rentec Direct is committed to industry education. Learn about tips and tricks to manage your tenants, properties and owners.
As a landlord, you always want to have a tenant in every unit. But is it better to have a bad tenant than no tenant at all? When a lease ends you have the option to renew or not to renew the rental agreement. It’s ideal to keep a good tenant, but if you’re not […]
Evictions are a landlord’s worst nightmare. Mostly because it means you have a tenant who has broken a lease term or who isn’t paying rent and you need them to vacate the property as soon as possible. Evictions are more than just telling a renter to move out or changing the locks. Evictions are a […]
Numbers never lie. Good investments require analysis. If you do your math right, you’ll have a pretty good idea of what your investment’s return will be. Setting unrealistic rates of return on investments is one of the main reasons new investors lose money. Most newbie real estate investors simply don’t understand how compounding works. Essentially, […]
Autumn has officially arrived, and with cold wet weather setting in, you will likely be spending more time indoors. While spring gets all the notoriety when it comes to cleaning, fall should be hailed as the best time to declutter and regroup when it comes to your home. The necessity for fall decluttering is made […]
Getting a notice from your landlord that your rent is increasing would ruin anyone’s day. Unfortunately, this stress-inducing reality has been happening across the country as reports of rental rates hitting an all-time high have been making headlines regularly. After the initial shocks wear off (and the superlatives subside) it’s time to start thinking about […]
The ghostly time of year will soon be upon us. A chilling time when ghouls and monsters emerge with an unquenchable hunger for chocolates and sweet treats. To prep for the small knights and villains that may be knocking on your residents’ doors, there are always a few Halloween safety precautions that you can take. […]
Moving in with your significant other is a special time in your life that requires months of planning and prepping for the big day. While sitting down with your partner and deciding what color you want to paint the walls and planning your housewarming party is fun, you may miss crucial moving steps in the […]
One of the most important policies you will need to create when deciding to rent out a property or drafting your lease agreement, is developing a rent collection policy. Your lease should say how much rent is due, what day it is due each month, and give details on what forms of payment are accepted […]
Finding the perfect rental can be a process, but moving into one, can be a whole new ball game. While the stress of moving can be mitigated with some proper planning and clever moving tips, it is still always a bit stressful on everyone involved. This can be especially true if you are in the […]
As landlords, most of us know the pain of having bad tenants and the process and legal actions that sometimes have to be taken when dealing with them. We know what to do when we have a bad tenant but what about when you have a good tenant you want to keep? All landlords […]
Maintaining a residential property requires active care and preventive maintenance to ensure the longevity of your home. In the case of rental housing, most owners do not live onsite and rely on tenants and management to maintain the condition of their investment property. Despite one’s best effort to screen applicants in order to find […]
Property managers that thrive execute one thing very well: Efficiency. Because there are so many moving parts that go into running a successful rental business, property managers need have a system that keeps them efficient and effective. Property management software gives landlords and property managers a convenient solution to organize their rental business and streamline […]
Congratulations on making the leap towards owning an investment property. Real estate investments are often seen as one of the most reliable (and profitable) investment opportunities due to the tax benefits and income potential. However, a reliable and profitable investment will only become safe and lucrative if managed properly. A new landlord needs to take […]
Make a lasting first impression with a Rental Resume to make sure your landlord remembers you during the rental application process. Applying for a rental home can be as competitive as landing your dream job. The best properties will attract the most qualified tenants, and as a renter, the application process should be approached like applying […]
Landlords and property managers are required to follow their federal, state and local laws about informing tenants of policies, facts, and rules about the property. Any information that is shared with a renter about the property or a renter’s rights are considered disclosures. Landlord disclosures can either be included in the lease or rental agreement, […]