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 »

Best Practices for Calculating Rental Rates

Posted by & filed under Rentals.

Landlords Property Managers Contact TSCI Whether you’re a first-time landlord or an experienced pro trying out new locations or property types, deciding on how much to charge for rent can be one of the most difficult parts of the rental process. However, it’s also one of the most important decisions you can make for your… Read more »

The Federal Eviction Moratorium is Over, but State & Local Restrictions Remain

Posted by & filed under Eviction.

Landlords Property Managers Contact TSCI As the pandemic continues to affect the world, you’ve likely gotten a bit more familiar with how eviction and foreclosure moratoriums have been used to give additional assistance to renters, landlords, and homeowners. Unfortunately, the number of times these moratoriums have been implemented, renewed, extended, and ended, can make it… Read more »

Do You Need Rental Property Insurance?

Posted by & filed under Insurance.

Landlords Property Managers Contact TSCI Investing in a rental property is a great way to earn passive income, grow your real estate portfolio, and enjoy tax benefits. However, it’s always important to make sure that your investment is protected. Rental property insurance (also referred to as a “landlord policy”) covers the unique risks associated with… Read more »

Holdover Tenants: What to Do When a Tenant Stays Past the Lease Period

Posted by & filed under Leases.

Most tenancies go as planned; when the lease period ends, the majority of tenants either choose to move out or sign on for another year. In some cases, though, you may have a tenant who chooses to remain in the rental beyond the official tenancy period—also known as a “holdover tenant.” Understandably, having a holdover… Read more »

Could Credit Scores of the Future Be Based on Online Behavior?

Posted by & filed under Credit Score.

Could what you do online have an effect on your credit score in the future? It’s a distinct possibility, according to the International Monetary Fund (IMF). Recent research from the organization claims lenders may soon start using data from browsing, search, and purchase history to make loan decisions. Read on to learn more about how… Read more »

Do You Need to Disclose a Previous Tenant’s Death?

Posted by & filed under Rentals.

Most landlords are aware of the disclosures they have to make about lead paint or mold, but what about a death at a rental property? Depending on your state or municipal laws, you may be required to disclose whether there’s been a death on the premises. Failure to follow your state or local guidelines could… Read more »

How to Handle Early Lease Termination

Posted by & filed under Leases.

All landlords want tenant stability. Tenant turnover can be a cash-flow killer, not to mention time-consuming. That’s why finding the right tenant is so important! However, despite your best efforts, you may have tenants who want to break their lease or move out right before the term expires. Here’s a look at how to handle… Read more »