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As a rental property owner, your main goal is to bring in a profit. Profits from property rental units are earned by collecting more money than is spent in expenses.
Rental property advertising is a must. Whether you operate a single unit or dozens of units, there will likely come a time when you need to advertise a vacancy.
Most property owners have experienced at least one issue with a problematic tenant. Whether it was a wild party that required the police to be summoned in order to quiet things down or it involved chasing the tenant for overdue rent, such issues can be a hassle.
VerticalRent announced today the release of its highly anticipated enhancement package 2.0. The list of enhancements is too much to outline, so we’re summing it up below for you. Enjoy!
One of the most important decisions you will make as a landlord is choosing the right tenant for your property. The right tenant can easily mean the difference between being paid on time or chasing the tenant for rent each month.
When it comes to renting your property, it is important to know who will be residing in your unit. A comprehensive tenant check can provide you with the information you need to make an informed decision about who will occupy your property.
The property rental business has dramatically changed in the last few years. Among the most significant changes is the transition to online management.
Regardless of how much effort you put into screening your tenants, damage inevitably occurs. Even the best tenants can unintentionally cause damage to your units.
As a landlord, you have many decisions to make on a daily basis. Along with considering monthly expenses, you also must pay attention to maintenance issues and devise the most appropriate marketing strategy.
The handling of security deposits can be a problematic issue for many landlords. Security deposits are an important way for landlords to protect against potential losses, but it is important to understand how to handle them to ensure that you steer clear of potential legal issues.
As the recent data breach with Target serves to underscore, you can never be too careful when it comes to your financial information. While you cannot eschew technology altogether, it is important to become educated about scams and various types of Internet fraud.
Eviction is never the desired outcome when there is a problem with a tenant. As landlords are well aware, it can be time-consuming and nerve-wracking.
Nightmare tenants are unfortunately all too common. Whether it is paying the rent late or creating a disturbance, some tenants can be difficult to manage.
Managing your properties is one of your most important responsibilities of a landlord, but from time to time, you will also need to advertise your properties. Whether you have a new unit or a vacancy, you will need to market it.
As a landlord, you can never be too careful when it comes to screening prospective tenants. Along with protecting you and your business, tenant screening also helps to protect your other tenants by providing greater peace of mind and security as well as helping you to find quality tenants.
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.
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.
As a rental property owner, you have many responsibilities. Among those responsibilities is ensuring that your properties are properly maintained.
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.
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.