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Did you know that in 2016, their was 1.5 million fewer homeowners? Many people, especially in states with a higher cost of living like California, are choosing to rent instead of buying real estate. Below are some of the best places to buy rental property in the Golden State if you're an investor:
Before improving the profitability and efficiency of your property management efforts, you need to know what to measure. Here are the 10 KPIs that every Property Manager and Landlord should track.
Buying single family homes for rental properties is an excellent way to generate income. Before you buy houses, finding the right market to either get started or branch into is important as not all rental markets are equal.
The internet is a beautiful thing that can provide just about anything you need. Free landlord forms are no exception. With the ability to access the internet, you can find, download, and print any landlord forms you might need for free.
As a landlord or property manager, you know the importance of running a background check on potential tenants. While running a background check often seems difficult and expensive, there are ways to make the process fairly simple.
When calculating the true cost of owning a car, the sticker price is only the beginning. Similarly, it is the hidden expenses of operating a rental property as a money-making venture that can make or break your success as a landlord.
Collecting rent is one of your least favorite things to do as a landlord. Sure, you like the money, but you don’t much care for the process of getting it.
The traditional means of purchasing rental properties is to secure a mortgage loan from a bank. As a landlord, you might be interested in non-traditional ways to purchase your next rental property. Both private and hard money are forms of non-traditional funding.
Many lease agreements include a provision that the tenant must carry renter's insurance. Often, however, this provision is not upheld by either the renter or the landlord and is swept under the rug.
As a property manager, you offer your tenants a decent place to live for a fair price. However, building maintenance and legal fees can get expensive when things don't work out like you imagined.
Those of you who live in hot climates know how hot things can get in the middle of summer. As a renter, this might become a bigger challenge if the place you're renting doesn't have proper air-conditioning.
Landlords in America often face difficult conversations with their applicants and existing renters. Many renters believe that everything is negotiable, including the lease agreement that you lay out in front of them after they have passed the tenant screening process.
New landlords often skip over the important aspects of qualifying a renter before signing the lease. At the most basic level, a landlord should absolutely sign a rental lease agreement with a new tenant.
Evicting a tenant is one of those parts of managing a property that no one enjoys. As a Volunteer, you should know the ground rules in your State. VerticalRent has done the research and compiled the guidelines for you.
Florida is known for its beautiful weather, beaches and night life. For these reasons and many more, the Sunshine State frequently ranks as one of the best places to live.
So, you found yourself a dud? You screened the applicant: credit check passed, criminal check passed, no eviction history, and superb landlord references – yet still the renter stops paying.
When it comes to eviction laws nationwide, you'll frequently see small differences among most states. Throughout most of the country, you'll see a steady law pattern of eviction notices coming first, followed by court orders for full eviction.
If you own rental property in different states, you've obviously had to stay on top of any eviction laws that sometimes change. While all states have individual legal grounds for evictions, some are roughly the same. A few states in the NW region of the U.S. are fairly similar.
You want to rent out your property, but you also want to rent it to someone who will take care of it and pay the rent on time. Instead of just going on gut instinct about a prospective tenant, savvy landlords perform a thorough background check before renting to anyone.
Perhaps you've just started a new career as a landlord in Washington State and have your first reliable tenants in your rental unit. Recently, you've maybe run across one bad tenant who isn't paying their rent on time, or at all. If you see it's going to become a recurring problem, what legal rights do you have toward eviction?