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Common sense tips that should not be construed as legal advice. Consult with an attorney for state-specific legal advice.

Do you need an LLC for a Rental Property? No, but Yes!

  • Tuesday, December 6, 2016
 Matt Angerer   General   Tips   Legal   

So, do you need and LLC for a Rental Property? The short answer is no. As with most financial questions, though, the short answer is never adequate.

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Rent Payment Late Fees by State: Know thy Law

  • Friday, November 4, 2016
 Matt Angerer   General   Tips   Legal   

You and your tenant agreed upon terms set forth in a rental or lease agreement. So what do you do if the tenant is late paying rent?

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Tenant Screening: A Legal Overview

  • Tuesday, November 18, 2014
  General   Legal   Tenant Screening   FCRA   Fair Housing Act   Contributing Editorial   

While it is important to screen your tenants carefully to avoid mishaps and uncomfortable circumstances, you also have to be careful not to break any discrimination laws when conducting your search for the perfect renter.

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Why You Need a State-Specific Residential Lease Agreement

  • Monday, September 22, 2014
 Matt Angerer   General   Legal   

Your residential lease agreement is the most important document relating to your rental property business. This is the document on which everything else hinges.

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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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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.

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Should You Collect Rental Application Fees?

  • Friday, September 27, 2013
  General   Legal   Tips   Tenant Screening   Tenant Credit Checks   Criminal & Eviction Checks   

Collecting rents is an important function as a landlord, but that process does not begin on the due date. It actually begins on the day that your tenant completes a rental application.

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Common Sense Tips to Rejecting a Rental Application

  • Friday, September 13, 2013
  General   Legal   Paperwork & Forms   Tenant Screening   

When you are in the business of renting properties, there naturally comes a time when you must reject an applicant. There can be a number of reasons why you might reject a rental application.

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