If you’re a rental property owner, the thought of hiring a property manager has probably crossed your mind at least once. Being a landlord is like owning a small business, and you really have to be prepared to treat it that way if you want to be successful. You’ll have income, expenses, customers in the … [read more]
Being a landlord can contribute to the community and to your cash flow. Nevertheless, all landlords need to know that part of being a landlord means bearing some risk of eventually being sued by a tenant. The key is to follow practices that are fair, equitable, and responsible. Here are 10 things you need to do … [read more]
Right now is an amazing time to be a landlord — more U.S. households are renting than ever before and staying there longer. So how do you get those renters into your property, faster? Listing and advertising your rental property online is a crucial step to filling your vacancies and ensuring that your income stream stays steady. … [read more]
Only one-third of renters in America have renter’s insurance. Who’s fault is that? Surprisingly, the answer in some states might be the landlords. In many cases, state rental laws allow landlords to require renter’s insurance- and some even necessitate it. It makes sense. In many professional industries, insurance is a needed when there is risk involved- and … [read more]
State Rules and Regulations for Colorado Rental Properties and Landlords Since landlord-tenant relationships are an area in which disputes can arise, each state has its own specific laws that govern that relationship. The law defines what landlords and tenants can and cannot do, as well as the obligations of each to the other. This article … [read more]
Over the last few years I’ve bought several rental properties, but I’ve never personally been inside any of them. I don’t think physically seeing the properties adds any real value. Instead, I use technology and a team of skilled experts to help me invest in real estate. Here’s what I’ve learned: My Team The first … [read more]
Nobody likes to dwell on worst-case scenarios, but wise landlords expect the best and prepare for the worst. When tenants stop paying rent, break the law or cause a life-threatening disturbance, there’s no question they have to go. However, most situations aren’t that simple and evicting a tenant can be a costly production. They often … [read more]
The best way to protect yourself from potential losses when you’re a landlord is to develop a rock-solid tenant screening process. This guide was created to help you decipher all the information you find through a tenant screening and to help you determine what to ask once you think you’ve found a qualified candidate. By … [read more]