Although raising the rent is part of the responsibility of being a landlord, the process can often feel daunting. To meet your own financial obligations and keep your tenants happy, there needs to be a bit of a balancing act. If you raise the rent too high, you risk losing good tenants; if the increase…
It’s an unfortunate truth in the rental industry: although most people are honest, there are unscrupulous renters out there who try to deceive landlords and property managers with fake pay stubs. These deceptive practices can lead to numerous issues for property owners, from rental payment defaults and property damage to legal complications. For this reason,…
As a landlord, you understand the importance of having a comprehensive lease agreement to protect against any rental situation. However, lease addendums are equally vital for successfully managing your rental business. Please note that the following is for informational purposes only and is not intended as legal advice. What Are Lease Addendums? Lease addendums, also…
In response to the pressing need to protect renters and ensure rental affordability, the Biden-Harris Administration unveiled the Blueprint for a Renters Bill of Rights earlier this year. Although not legally binding, this comprehensive 19-page document outlines five critical principles aimed at safeguarding tenants’ rights and promoting a fair and well-functioning real estate market. It…
Every landlord wants to make sure they get the highest return on investment for their rental properties. There are several factors that affect ROI, including financing costs, market conditions, and vacancy rates—but one of the most important factors is maintaining the value of your properties. The best way to do this is to keep your…
Being a landlord sounds easy enough; you buy a home, make some renovations, and rent it out for more than your monthly mortgage payment. But in reality, becoming a landlord requires you to master a variety of skills: business, interpersonal communication, property management, and a keen understanding of legal and financial responsibilities. With little experience…
Most tenancies have set expiration dates, however, there may be instances where you have a tenant who refuses to leave after the end of the lease. This can be a difficult situation to navigate; fortunately, there are several steps you can take to resolve the situation, including renewing the lease at a higher rental price…
What to Know About Selling Your Rental Home with a Tenant in PlaceFake Pay Stubs—Tips on How to Spot Them
Why Lease Addendums Are Vital for Your Success as a Landlord
Understanding the White House’s Blueprint for a Renters Bill of Rights
The 7 Top Tips for Rental Property Maintenance
Common Mistakes Typically Made By New Landlords
What If My Tenant Won’t Leave At The End Of the Lease?
What to Know About Selling Your Rental Home with a Tenant in Place
