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.

Halloween Tips for Landlords and Property Managers – Infographic

By on October 23, 2017 in Education with 0 Comments
Halloween Tips for Landlords and Property Managers – Infographic

Witches, ghosts, and goblins should be the scariest thing you and your tenants experience this Halloween. Chances are that at least some of your tenants are likely to hand out candy or take children on a trick-or-treating excursion this year, and unfortunately, you cannot always rely on your renters to put safety first. To ensure […]

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Guide to Late Rent Fees for Landlords and Property Managers

By on October 20, 2017 in Education with 0 Comments
Guide to Late Rent Fees for Landlords and Property Managers

When a renter pays rent late, most landlords will impose a late fee as a penalty to the late rent.   Late fees for rent payments are typically based on a reasonable percentage of the monthly rental rate (5-10%) or a flat fee. In most cases, a landlord can only charge a late fee if […]

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Frequently Asked Renter Questions for Landlords

By on October 18, 2017 in Education with 0 Comments
Frequently Asked Renter Questions for Landlords

Your renters will look to their future landlord or property manager to answer questions about the property and rent, how to be a good tenant,and how to maintain the property.    To help you provide the best service to your tenants, we’ve put together a list of some common renter questions with suggestions for how […]

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Entitled Tenants: The Difference between Bad Managers and Bad Renters

By on October 13, 2017 in Education with 0 Comments
Entitled Tenants: The Difference between Bad Managers and Bad Renters

Ever log onto a local review site, like Yelp or Facebook, and see unflattering reviews about your management company or property? Sometimes these tenant complaints are valid, due to poor customer service by your management team, other times your tenants are simply complaining because they didn’t get their way. Here’s a look at some common […]

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Landlord Tips for when a Tenant Disappears

By on October 11, 2017 in Education with 0 Comments
Landlord Tips for when a Tenant Disappears

If you suspect that your renter has disappeared and has no intention of returning to the rental property, you need to follow the appropriate steps before moving forward with re-renting the property. Before taking any moves towards re-renting the property, you need to check your state and local laws regarding rental property abandonment.  Complying with […]

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How to Create Written Tenant Screening Criteria

By on October 4, 2017 in Education, Tenant Screening with 2 Comments
How to Create Written Tenant Screening Criteria

One of your primary goals as a rental property owner or manager should include finding the most qualified tenant who will pay rent on time, follow lease terms, and take care of the property. And most importantly – you need to find this qualified tenant through legal avenues. Awareness of, and compliance with, Fair Housing […]

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From Vacant to Leased: A 4-Step Guide for Landlords to End Rental Vacancy

By on October 3, 2017 in Education, Tenant Screening with 0 Comments
From Vacant to Leased: A 4-Step Guide for Landlords to End Rental Vacancy

In order to get your vacant property leased and occupied in the shortest amount of time possible, you need to give your rental ad maximum exposure.    A proven method for getting maximum exposure for your rental vacancies involves placing rental ads in key locations online. A study from Apartments.com found that 61% of online […]

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How to Tell if Your Rental Applicant’s Landlord Reference is Fake

By on September 29, 2017 in Education with 0 Comments
How to Tell if Your Rental Applicant’s Landlord Reference is Fake

Calling your rental applicant’s previous landlords for a reference is standard practice in tenant screening. You want to know if the tenant paid his rent on time, followed property rules, and is someone worth renting to. And who better to tell you if an applicant is a good renter than his current or past landlord. […]

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Is a Furnished Rental a Good Real Estate Investment?

By on September 27, 2017 in Education with 0 Comments
Is a Furnished Rental a Good Real Estate Investment?

Landlords and real estate investors sometimes consider furnishing a rental property depending on the type of tenant they are hoping to attract and their market. Furnished apartments are typically ideal for short-term rental properties, corporate housing, and student housing. If you own rental property near a university, in a big city, or near businesses that […]

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The Fair Credit Reporting Act – Guide for Landlords

By on September 22, 2017 in Education, Tenant Screening with 0 Comments
The Fair Credit Reporting Act – Guide for Landlords

The following article is from the Federal Trade Commission’s  guidance on Using Consumer Reports: What Landlords Need to Know. Landlords and property managers are legally allowed to review a rental applicant’s consumer reports and run a background check to determine if he or she will be a qualified tenant. Housing providers will use a variety […]

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