Are you thinking of hiring a property management company? If so, you’re on the right track. Having a company manage your rental property can be good for your bottom line. Among other things, it means having lesser vacancies, lesser headaches, and, most importantly, earning a passive income. However, property management companies are in business and […]
How Is A Property Management Firm Usually Paid? Read More »
It’s on your wishlist as a landlord to only rent your units to high-caliber tenants. Tenants who, among many things, will afford rent, care for your property, and live peacefully with other tenants. However, as you probably know, it’s not only the good tenants that will want to rent your units. Among the applications you’ll
Reaching out to previous landlords is a crucial part of an effective tenant screening process. For one, it lets you verify several things about the prospective tenant such as: Their reliability in paying rent. Will they be able to pay rent on time, every time? Whether they are the sort that will care for your
What Questions can a Landlord Ask a Previous Landlord? Read More »
As a landlord, you are allowed to ask prospective tenants certain questions. Among many things, you can ask about their income, the reason for moving, past evictions, criminal convictions, and their intended move-in date. These questions can save you a lot of time by helping you turn away undesirable tenants right from the outset. However,
13 Illegal Application Questions NOT to Ask Prospective Tenants Read More »
As a savvy landlord, you understand the importance of tenant screening. Among many things, an effective tenant screening process can help you get high-caliber tenants who will consistently pay rent, care for your property, and live peacefully with other renters. And this can make your landlording journey smoother and highly rewarding. Pre-screening a tenant will
Problem tenants are every landlord’s worst nightmare. And understandably so, they can cause you a lot of headaches. From defaulting rent payments to paying late to damaging your property, problem tenants can significantly weigh you down. But, sadly, they are almost an inevitability in a landlord’s career. No matter how thorough your tenant screening process
7 Different Types of Tenants You Should Know About Read More »
Congratulations on becoming a landlord! If you’ve done it well, you’re now on your way to earning passive incomes for generations to come. Buying the property, however, is only half the battle. To win the other part, you’ll need to do a couple of vital things. One such thing is finding a great tenant to
