As a landlord, you're hoping for a tenant who pays rent on time, takes care of the property, follows the rules, and then renews their lease. Unfortunately, that’s not always who you’ll get. But you can stack the odds in your favor! A good quality tenant isn’t hard to find when you know how to …
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How to Stay Compliant with Fair Housing Laws
Want to tank your career in rental properties? Just ignore Fair Housing Laws. Sure, Fair Housing Laws for renters are complicated. But in real estate, they’re a must. And claiming ignorance if you break fair housing laws unintentionally won’t work. When it comes to discrimination, there’s no …
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5 Tips for Succeeding as an Accidental Landlord
People become "accidental landlords" for a variety of reasons. Often, it’s related to a move. When work or family requires an out-of-state move, you're faced with two options: sell or lease the house. When people are called for active military duty, they face a similar housing dilemma. Should …
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How to Prevent Tenants From Damaging Your Rental Property
A landlord’s first priority is to keep their property in good condition. But tenants obviously use the house, so there will be normal wear and tear. The trick comes in distinguishing normal use from damage. So where do you draw the line between the two? It’s somewhat subjective, but here are …
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Powerful Property Management Tips for Reducing Tenant Turnover
Most people don’t realize the hit their bank account takes when it’s time to find a new tenant. Tenant turnover is expensive. And it doesn’t just cost money; it also costs time. After listing and marketing the property, vetting potential tenants, conducting move-out and move-in inspections, and …
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Preparing for New Tenants: The Landlord’s Property Management Checklist
When tenants move out, you need to get your property ready for a new occupant quickly. Otherwise, your rental will sit empty, and you won’t collect rental income.But you can’t just give the keys to the first person who’s interested in your property. Before welcoming a new tenant, …
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Top 4 Warning Signs of Trouble Tenants
No one wants an irresponsible tenant. People that damage property and miss their payments are every landlord’s nightmare! If you want to prolong the life of your property, the best way to do that is to rent to people who take care of the house when you’re not there. However, finding these kinds …
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