Your tenant wants to leave early, what should you do? As a landlord sometime you will find yourself in this situation, your tenant wants to move out before the lease ends. As a property owner, it is important that you know how to handle these situations to make sure you don’t get into any legal… [Continue Reading]
4 Common Landlord Mistakes
As Property Managers we see a lot of landlords make the same mistakes over and over. Managing your own rental property can be challenging especially for first-time landlords. It is expected to make mistakes but some can be avoided. As property managers, we have years of experience, tools, and resources to effectively manage your property…. [Continue Reading]
Credit: The Fair Credit Reporting Act
In 1970, the Federal Government passes the Fair Credit Reporting Act (FCRA). The purpose was to promote the accuracy, fairness, privacy, and integrity of consumer reporting information. Today a standardized format known as metro-2 is used to facilitate reporting of accurate and complete consumer’s credit history information to major credit bureaus electronically and standardized. What… [Continue Reading]
Should you hire a property manager or self-manage your property?
You just bought your first rental property, and you probably have the idea that a rental property is a hassle-free income. To be fair, from the outside looking in, it seems that property owners simply sit back and collect rent and don’t really do any additional work. Managing a property may seem easy, but don’t… [Continue Reading]
Landlord-Tenant Law
Being a landlord isn’t just collecting rent checks. Tenants and landlords have important rights and obligations. A critical element for you to be a successful landlord is compliance with state and federal regulations governing the landlord-tenant relationship. Many landlords do not fully understand their rights or legal obligations, and this can be very dangerous. According… [Continue Reading]
Tenants: Protect Yourself & Check Their Credit Report
Choosing the right tenant is the most important task you will have as a landlord. It is essential that you protect yourself and your property by screening tenants with a credit check. This is where most of the newbie landlords make their biggest mistakes. In some cases, prospective tenants will try to distract you from running… [Continue Reading]