Posts Categorized: Landlords

Why Lease Addendums Are Vital for Your Success as a Landlord

Posted by & filed under Landlords, Leases.

Why Lease Addendums Are Vital for Your Success as a Landlord

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…

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 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

Florida Landlord Requires Tenants to Get Vaccinated: Is this Legal?

Posted by & filed under Landlords.

In August, Florida landlord Santiago A. Alvarez enacted a policy requiring his tenants to get vaccinated for COVID-19—or face eviction. Alvarez, who owns eight apartment complexes with 1,200 units total, decided to require vaccines after 15 of his tenants died of the virus. His new policy also states that applications from prospective tenants will automatically… Read more »

8 Tax Breaks Landlords May Be Overlooking

Posted by & filed under Landlords.

Tax season is here again, so it’s an ideal time to review several important tax breaks that you could be overlooking with your rental housing properties. Here’s a look at some common tax deductions you may be able to take advantage of this tax season; please note that this is for informational purposes only and… Read more »

7 Financial Tips for Landlords during COVID-19

Posted by & filed under Landlords.

Times are tough for many around the nation right now, especially with a large part of the workforce being unemployed. While we can all hope that things return to normal soon, this “new normal” will likely be our reality for quite some time. Without an official end date for the COVID-19 crisis, many landlords are… Read more »

Oakland Ordinance Expands Landlord Requirements and Tenant Rights

Posted by & filed under Landlords.

Oakland landlords and tenants enter a shifting rental landscape after the City Council passed its Fair Chance Housing ordinance that establishes the East Bay city as the first in California to bar landlords from conducting criminal background checks. This law, adopted by the City Council on February 4, “bans the box” which stops landlords from… Read more »

How to Prevent Common Misunderstandings with Tenants

Posted by & filed under Landlords.

Every tenant wants a peaceful home. Likewise, every landlord wants good tenants who will take care of their property. Unfortunately, misunderstandings can undermine the goodwill between tenants and landlords. Misunderstandings can quickly escalate and create uncomfortable situations between both parties, sometimes even damaging the relationship permanently. With that in mind, it’s important to know how… Read more »