Knowledge is Power

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Recent Articles

Tips for Handling Tenant Complaints

  • Tuesday, July 15, 2014
  General   Tips   

Owning rental properties invariably means that you are going to be dealing with complaints. Even if you have the nicest tenants on earth and you make a point of maintaining your properties on a regular basis, there will be complaints.

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Do You Know If Your Applicants Are Telling the Truth?

  • Saturday, July 12, 2014
  General   Tips   

In a perfect world, you could have an applicant complete an application and believe that he or she is telling the truth. Of course, as we all know, we do not live in a perfect world.

Read more on Do You Know If Your Applicants Are Telling the Truth?...

 

Tips for Hiring a Contractor for your Rental Property Business

  • Sunday, June 29, 2014
  General   Tips   

As a rental property owner, you have many responsibilities. Among those responsibilities is ensuring that your properties are properly maintained.

Read more on Tips for Hiring a Contractor for your Rental Property Business...

 

Keeping the Pool Safe for your Tenants

  • Saturday, June 21, 2014
  General   Tips   

Do you offer the amenity of a swimming pool at your rental property? Pools can be a great way to attract tenants, but they can also bring a significant amount of responsibility.

Read more on Keeping the Pool Safe for your Tenants...

 

Why Check a Tenant's Employment and Rental History?

  • Wednesday, June 18, 2014
  General   Tips   

Is it really necessary to check an applicant's employment and rental history? I say that it is necessary. The operation of a rental business is a business just like any other.

Read more on Why Check a Tenant's Employment and Rental History?...

 

Should You Hire a Property Manager?

  • Saturday, June 14, 2014
  General   Tips   

One of the most common questions that rental property owners must ask themselves at some point in time is whether they should hire a property manager. There are certainly advantages to having someone else manage your rental properties, but there can also be drawbacks.

Read more on Should You Hire a Property Manager?...

 

Keeping Your Tenants Engaged with Newsletters

  • Saturday, June 7, 2014
  General   Tips   

Are you keeping your tenants informed and engaged with newsletters? If not, you could be missing the opportunity to connect with your tenants and keep problems to a minimum.

Read more on Keeping Your Tenants Engaged with Newsletters...

 

Tips for Avoiding Evictions

  • Friday, May 30, 2014
  General   Tips   Legal   Criminal & Eviction Checks   

As a landlord, you likely hope that you never have to evict a tenant. Yet, that is the nature of the business and there may well come a time when it becomes necessary to do so.

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Boost your Property Rental Business with Photos

  • Friday, May 23, 2014
  General   Tips   

Homeowners and real estate agents have quickly come to understand that when it comes to moving a home quickly, pictures sell.

Read more on Boost your Property Rental Business with Photos...

 

Avoiding Legal Risk with Your Lease

  • Friday, May 16, 2014
  General   Tips   Legal   

Are you giving enough thought to your leases and the other legal documents used in your property rental business? If not, you could be putting your business at risk.

Read more on Avoiding Legal Risk with Your Lease...

 

Is Being a Live-In Landlord the Right Option for You?

  • Friday, May 9, 2014
  General   Tips   

With the rising cost of living expenses, many people are considering either operating an income-producing property from the same property where they live or becoming a live-in landlord in their own multi-unit building.

Read more on Is Being a Live-In Landlord the Right Option for You?...

 

What You Need to Do Between Tenants

  • Sunday, May 4, 2014
  General   Tips   

Many times, as landlords, we often focus on what we need to do to keep our current tenants or how to attract the next tenant. While those activities are important, it is also vital that you pay attention to a few necessary tasks when you are between tenants.

Read more on What You Need to Do Between Tenants...

 

Establishing Positive Communication with Your Tenants

  • Friday, April 25, 2014
  General   Tips   

Does it ever seem as though you and your tenants are on a different page? If so, the problem could be due to ineffective communication.

Read more on Establishing Positive Communication with Your Tenants...

 

Are You Making Common Landlord Mistakes?

  • Thursday, April 17, 2014
  General   Tips   

As diligent as you may attempt to be in the management of your property rental business, even the most common mistakes can cause significant problems and perhaps legal troubles.

Read more on Are You Making Common Landlord Mistakes?...

 

Should You Negotiate the Rent?

  • Monday, April 14, 2014
  General   Tips   

If you are in the property rental business long enough, eventually someone is going to ask you to negotiate the rental price for one of your units. Some landlords are willing to negotiate, while others have a firm price with no wiggle room.

Read more on Should You Negotiate the Rent?...

 

What Tax Deductions Can Landlords Take?

  • Saturday, April 12, 2014
  General   Tips   

It's that time of year again. The time of year when you begin to scrutinize your expenses from the previous year and search for every deduction that you can possibly take on your rental properties.

Read more on What Tax Deductions Can Landlords Take?...

 

Should They Stay or Should They Go?

  • Thursday, April 3, 2014
  General   Tips   

As the old Kenny Rogers' song goes, you have to know when to hold 'em and when to fold 'em. In the case of tenants, you have to know when to hold them and when to let them go.

Read more on Should They Stay or Should They Go?...

 

Creating a Paperless Rental Property Office

  • Wednesday, February 26, 2014
  General   Tips   

As an experienced rental property owner, one thing I can tell that makes a significant difference is the ability to be organized with paperwork. As you are probably well aware, there is a significant amount of paperwork that goes along with managing rental properties.

Read more on Creating a Paperless Rental Property Office...

 

A Landlord's Glossary

  • Tuesday, February 4, 2014
  General   Tips   

As a landlord, there are many terms that you will encounter on a frequent basis and should become familiar with

Read more on A Landlord's Glossary...

 

Increasing your Cash Flow with Refinancing

  • Tuesday, January 28, 2014
  General   Tips   

Ensuring you have a positive cash flow is one of the most important steps in succeeding as a landlord.

Read more on Increasing your Cash Flow with Refinancing...

 

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