Property Management, Tenant Selection, Real Estate News & Tips

Education

Rentec Direct is committed to industry education.  Learn about tips and tricks to manage your tenants, properties and owners.

Top 10 Ways to Drive Away Tenants (And How to Avoid Them)

By on June 25, 2018 in Education with 0 Comments
Top 10 Ways to Drive Away Tenants (And How to Avoid Them)

The following article was originally published on Let’s Talk Property Management: Good tenants are at the heart of a flourishing rental. Tenants are the backbones of a property manager or landlord’s livelihood and should be treated accordingly.  For landlords and property managers, tenants are and are the backbones of the business and livelihood. And while tenants can […]

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Fire Safety for Your Rental Property

By on June 22, 2018 in Education with 0 Comments
Fire Safety for Your Rental Property

June is national safety month, and as the hot weather gives way to pool parties and wildfire seasons, it’s no wonder this marks the perfect time to make note of your safety procedures. Keeping your tenants and your property safe is perhaps the most important task a property manager or landlord has on their plate, […]

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Top Three Mistakes New Landlords Make

By on June 20, 2018 in Education with 0 Comments
Top Three Mistakes New Landlords Make

Becoming a landlord can be a great way to earn passive income and save for the future. And whether you became a landlord accidentally (through inheritance or a simple need to create income with an extra property) or have purchased a property with renting in mind, every landlord has to start somewhere. Learning the basics […]

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The Real Cost of Tenant Turnover

By on June 18, 2018 in Education with 35 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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How to Deal With A Bad Roommate Situation

By on June 15, 2018 in Education with 0 Comments
How to Deal With A Bad Roommate Situation

The current rental market is tight. Many renters are finding that, on a single income, they may not meet the income requirements for their dream apartment. Getting a roommate to help with expenses can a smart option that allows you to apply for rentals that you would otherwise not be able to afford. This can be […]

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Important Inspections for Your Rental Property

By on June 8, 2018 in Education with 0 Comments
Important Inspections for Your Rental Property

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 […]

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Four Properties That Are Guaranteed To Be A Bad Investment

By on June 4, 2018 in Education with 0 Comments
Four Properties That Are Guaranteed To Be A Bad Investment

The following article was originally written by Nathan Miller for Forbes. Four Properties That Are Guaranteed To Be A Bad Investment When you evaluate a potential investment property, you need to consider more than just the list price to determine if it will be a good investment. You need to be familiar with the local […]

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How to find the Fair Market Rent for your Rentals

By on May 30, 2018 in Education with 1 Comment
How to find the Fair Market Rent for your Rentals

One of the many roles of a property manager and landlord is setting the right rent amount for an investment property.  The right price for a rental property is a balance between wanting to maximize your income from rent payments and wanting to ensure the property is continuously occupied by trustworthy tenants.   The U.S. […]

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A Renter’s Guide to Understanding Lease Terms

By on May 29, 2018 in Education with 0 Comments
A Renter’s Guide to Understanding Lease Terms

A renter’s lease agreement is a binding contract that outlines the conditions for tenancy at a rental property.  You will make this agreement with your landlord or the property management from which you are renting. Signing the Lease Lease signing can take place in person or be completed online before you move into a new […]

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What To Do with Abandoned Property : A Landlord’s Guide

By on May 23, 2018 in Education with 0 Comments
What To Do with Abandoned Property : A Landlord’s Guide

Tenant turnover is a time consuming, and often expensive, process for landlords.  A move-out inspection will reveal the condition of your property upon vacancy, which every landlord hopes is the same as the start of tenancy.  While every landlord will cringe at the amount of cleaning a rental unit may need, or any property damage […]

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