Should You Accept Rent in Advance?

Posted by & filed under Rent.

Landlords Property Managers Contact TSCI On occasions, you may have a tenant who wants to pay their rent in advance. They might want to pay for a month or two, or even as much as the entire term of their lease. It may be tempting to say yes because of the guaranteed cash flow—but is… Read more »

Understanding VantageScore’s New Credit Scoring Model

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Landlords Property Managers Contact TSCI VantageScore 4.0, the fourth generation tri-bureau credit scoring model is now available to lenders. This latest version of VantageScore will set the new standard for credit scores, so it’s important to be aware of what’s changing and how it could impact your score—as well as the scores of prospective tenants…. Read more »

Is Your Rental Considered an Investment Property or a Business?

Posted by & filed under Property Management.

Landlords Property Managers Contact TSCI Tax season is on the way! If you’re a newer landlord who rents a single-family home, apartment building, or vacation property, you may be wondering how to handle your taxes this year. To ensure you’re receiving the proper deductions, you’ll need to determine whether your rental property is considered an… Read more »

Legal Tenants Vs. Occupants: What’s the Difference?

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Landlords Property Managers Contact TSCI Many landlords use the terms “tenant” and “occupant” interchangeably, but each has a different implication from a rental standpoint. So, what’s the difference, and how does it affect your business? Here’s an overview of how tenants and occupants are defined, as well as how to handle certain situations you may… Read more »

5 Tasks to Safeguard Your Rental Property Business in 2022

Posted by & filed under Rental Housing.

Landlords Property Managers Contact TSCI The past year has been a mixed bag for landlords. The eviction bans left many stuck with tenants who couldn’t pay rent; on the plus side, rents skyrocketed, and the demand for rentals increased. Although there’s no way to know what 2022 will bring, one thing’s for certain: it’s best… Read more »