6 “Desirable” Features That Are Liabilities in Rentals You want your rental home to be profitable. One of the best ways to charge a little extra rent is to have luxury features that renters love. While it’s easy to find lists of desirable features,...
4 Unique Risks of Pier and Beam Flips—And How to Handle Them Pier and beam homes are set on foundations of piers – concrete or wood posts set deep into the ground – and beams which support the house set on top of the piers. This type of foundation is...
Landlord Security Deposit Tips and Best Practices Security deposits represent an agreement of trust and security between a landlord and their tenants. When a tenant pays the security deposit, they agree to take care of the property or accept deductions from the money...
How to Manage Your Rentals When You Want to Start Traveling More For years, you’ve managed your property yourself. Now, however, you need more flexibility in your life. Perhaps you’ve retired, and you’re ready to start traveling more....
Can You Add Someone to a Lease? A rental home lease is usually one year long. However, life rarely conforms to that kind of schedule. When people need to change living arrangements, these moments happen organically. Perhaps your romantic partner is ready...
What You Can Learn from Property Management Statements and Reports How to Review Property Management Statements From Your PM You are an investment property owner. You own rental homes, townhouses, or apartments that are run by a property management...
How to Verify That Property Repair Requests Are Legitimate Protecting your investments requires constant vigilance. When you own rental homes, that involves carefully screening tenants, monitoring expenses, and keeping tabs on your property management team. Reviewing...
How to Protect an Empty Rental Property in the Winter As a landlord, you can ideally maintain steady tenant occupations of each rental home. However, there is always the risk of vacancy for one reason or another. Major renovations or repairs, a lengthy tenant turnover...
How to Minimize the Risk of Late Rent Payments On-time rental payments are the hallmark of a healthy landlord-tenant relationship. When your tenant pays their rent on time, it is an indication that they are financially stable and respect the terms of their rental...
The 7 Biggest Rental Property Problems You’ll See in Heavy Winters When you own a rental property in a wintery climate, be prepared for winter maintenance calls. Tenants rely on the tenant-landlord partnership to help keep the property warm, safe, and in...
