Property Management, Tenant Selection, Real Estate News & Tips

Tag: landlord tips

New Landlord Introduction Letter

By on November 16, 2016 in Education with 0 Comments
New Landlord Introduction Letter

Congratulations! You just purchased a new investment property. And it even comes with rent paying tenants, so you can start collecting rental income right away! If you are self-managing your new property, it is a good idea to introduce yourself as the new owner/landlord. Not only is this a friendly step to take with your […]

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10 Qualities of a Dream Tenant

By on September 21, 2016 in Education with 3 Comments
10 Qualities of a Dream Tenant

A good landlord will go to great lengths to find a qualified tenant for their rental property. Qualified tenants are those that have a proven track record of financial responsibility and rule-abiding behavior, indicating their ability to pay rent and not damage the property. But a great landlord will hope for more than just a […]

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10 Tips Every Long Distance Landlord Needs To Know

By on April 12, 2016 in Education with 0 Comments
10 Tips Every Long Distance Landlord Needs To Know

Whether you made a deliberate choice to expand your investment portfolio, or you inherited a property you want to rent out, if your property is located outside of your home town, you will find additional challenges as you take on the role of long-distance landlord. One of the biggest challenges for long distance landlords involves […]

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Do I Need Property Management Software?

Do I Need Property Management Software?

Owning or managing rental property can be a dream come true or a job full of headache and heartbreak.  Often times, the difference between a positive experience and a negative one is lack of knowledge about the resources that will make property management easier. The problems experienced by many property managers and landlords can be […]

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Should I be a Section 8 Landlord?

By on February 22, 2016 in Education with 5 Comments
Should I be a Section 8 Landlord?

One of the many decisions a landlord faces when establishing a rental property is determining whether the property will accept Section 8 tenants.  The Housing Choice Voucher Program (historically and commonly referred to as Section 8 housing) provides assistance to very low-income families to afford decent, safe, and sanitary housing. This is a great program […]

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Landlords on Vacation ? Yes, You Can!

By on December 22, 2015 in Education with 0 Comments
Landlords on Vacation ? Yes, You Can!

With a big holiday right around the corner, people everywhere are packing their bags to visit loved ones, hit the slopes or simply escape the seasonal cold for a warmer winter destination.   Landlords are no different than the rest of us, who dream of going on vacation and taking a break from the day […]

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Host an Open House to Attract the Right Tenants

By on December 10, 2015 in Education with 2 Comments
Host an Open House to Attract the Right Tenants

As most landlords will tell you, the stress level of any income property owner is directly related to the quality of the tenants they currently manage. Finding the right tenants can be tricky but settling for an under-qualified applicant may come back to haunt you. A fantastic and underutilized technique to attracting great renters is […]

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Managing Roommates: Landlord Tips for Co-tenancy

By on September 8, 2015 in Education with 0 Comments
Managing Roommates: Landlord Tips for Co-tenancy

Renting to roommates significantly widens the pool of qualified tenants whose dual income makes living in your rental property more affordable.  However, renting to roommates or co-tenants sometimes requires special attention when issues arise between the individuals that could ultimately put your rental property or your rental income at risk.     Renting to multiple, unrelated tenants […]

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How to Raise the Rent on Your Tenants

By on August 6, 2015 in Education with 3 Comments
How to Raise the Rent on Your Tenants

Increasing the monthly rent on your rental properties is something every landlord will inevitably experience.  Like most industries, the rental market responds to economic trends creating opportunities for owners to ask more or less for rent depending on their region.  The recent years have provided a positive position for rental property owners who are experiencing […]

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How To Help Your Tenants Get Their Security Deposit Back

By on February 25, 2015 in Education with 2 Comments

Despite what some renters might think, most landlords are not out to get them. Asking unfairly high rent prices or keeping every dime of a security deposit are some reasons why landlords get their reputation as money hungry sticklers. But the truth of the matter is, most landlords spend a significant amount of time making […]

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