Common Mistakes Typically Made By New Landlords

Posted by & filed under Landlords.

Common Mistakes Typically Made By New Landlords

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…

What If My Tenant Won’t Leave At The End Of the Lease?

Posted by & filed under Leases.

What If My Tenant Won't Leave At The End Of the Lease

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 Place

Posted by & filed under Landlords, Rental Market.

What to Know About Selling Your Rental Home with a Tenant in Place

What Was the Average Rent Increase in the United States in 2022?

Posted by & filed under Rent.

Since 2017, the cost of rent has significantly increased throughout most of the United States, with the largest increases occurring from 2021 to 2022. According to a recent study conducted by Credit Karma, the average nationwide year-over-year rent increase from 2017 to 2022 was 5.77%. However, some states and cities experienced much higher increases, while…

How to Change the Terms of a Lease in California

Posted by & filed under Leases.

As a landlord, you may have encountered situations where you needed to alter the terms of a lease agreement. Maybe you need to increase the rent, modify the payment schedule, or add new clauses to the lease. Whatever the reason may be, it’s essential to know the legal process for making changes to a lease…

What Are the Laws Regarding Service Animals and Tenants?

Posted by & filed under Service Dogs.

When it comes to pets, landlords have the right to create their own policies—but what if a tenant asks you to make an exception for their service animal? What are your obligations? To avoid potential discrimination claims, landlords and property owners need to familiarize themselves with federal, state, and local laws regarding service animals. By…

What are Some Red Flags in Tenant Screening?

Posted by & filed under Tenant Screening.

When it comes to renting a property, tenant screening is a crucial step for helping landlords find reliable and responsible tenants. However, not all tenants are created equal—and some may not be a good fit for your property. That’s why it’s important to watch out for red flags during the tenant screening process. By identifying…

How Do I Screen Tenants in California?

Posted by & filed under Tenant Screening.

If you’re a landlord in California, you’ll find that the Golden State tends to handle tenant screening a little differently compared to the rest of the nation. To help you stay compliant with the law—and make the most informed rental decisions—here are some of the most important things you should know about screening tenants in…

What is Rental Verification?

Posted by & filed under Rental Verification.

When searching for a new tenant, it’s always advisable to check an applicant’s rental history and talk with their previous landlords to find out what they were like as a tenant. If you’re a first-time landlord, however, this step may seem a bit daunting. How can you verify the applicant’s rental history? To help you,…

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