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 »

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 »

Avoid These Property Manager No-No’s

Posted by & filed under Property Management.

Not long ago, a rental property owner went viral after she snatched some packages from her renters, which she claimed was payment for the rent she was owed. Unsurprisingly, her actions weren’t well-received online, causing her to quickly backtrack on her position. A story like this is a great example of what NOT to do… Read more »

Industry-leading Tenant Screening for Property Managers

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Whether you’ve been screening tenants yourself or are searching for a new screening partner, Tenant Screening Center enables you to do the best work for your clients without interfering in your operations. We bring you the best of both worlds: the personalized, responsive service of a smaller company, paired with credit scores and history from… Read more »

How to Ask Messy Tenants to Clean Up Their Act

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Dealing with messy tenants can be a tricky situation. Trash on the patio is one thing, but it’s another thing completely if there’s mold growing in your rental due to the tenant’s slovenly lifestyle. Everyone has a different idea of what “clean” looks like, so how can you ask your tenants you’d like them to… Read more »

A Closer Look at the 2021 Federal Eviction Moratorium Extension

Posted by & filed under Eviction.

On January 20, 2021, President Biden issued an executive order instructing the Center for Disease Control (CDC) to extend the federal eviction moratorium. Per the president’s request, the CDC announced on January 29 that the moratorium would be extended through March 31, 2021. While this likely came as good news to millions of struggling renters,… Read more »

Flushable Wipes: A Potential Plumbing Nightmare in the Making

Posted by & filed under Property Management.

Flushable wet wipes have become increasingly popular over the past decade or so. Marketed as “plumbing and septic” friendly, it’s easy to see why many consumers have embraced the hygiene product –especially when toilet paper shortages affected much of the nation last spring. Despite their name and how they’re marketed, it’s important to know that… Read more »

Is My Rental Property Considered a Business?

Posted by & filed under Rentals.

Whether you’re the landlord of a single-family home or you own a multi-unit apartment building, it’s important to understand whether your rental is considered an investment or a business because the distinction can have important tax consequences. If you’re considered a business owner, you’ll receive valuable tax deductions that don’t apply to investors. With tax… Read more »

4 Types of Illegal Evictions You Should Know About

Posted by & filed under Property Management.

Although some states still have restrictions on evictions due to COVID-19, many of them have now begun the process of hearing eviction cases again. As a landlord or property manager, you likely know your local eviction laws fairly well. However, there’s been a growing movement over the past couple of years to amend the normal… Read more »