A very attractive feature of investing in rental properties is that the demand never ends. People always need a place to live, so you know that real estate is an investment that will last.    The first thing you have to do is a plan. There are a ton of different rental properties out there.…

Performing property inspections is an important part of being a landlord because you want to keep your investment in great shape. Lack of regular maintenance to your property could endanger its value. Even if you have a good tenant, routine inspections can help prevent big problems down the road. So property inspections are vital, they…

It is in your best interest to minimize the number of vacancies in your properties. You need to avoid vacancies because if a tenant isn’t paying rent then you are not receiving cash flow and you have to pay for the property’s monthly expenses. Ultimately you are losing money. You want to fill vacancies fast…

Are you ready to rent out your property to a new tenant? We strongly suggest that you provide your new tenant with a move-in & move-out checklist. This is a way to keep track of your rental property’s condition. When the tenant moves out the checklist will help you check for damage beyond normal wear and…

Do you know how to determine what are real damages v.s what is normal wear and tear? There is a fine line between what is actual damage and what is normal wear and tear. It takes a little bit of experience to distinguish damages and wear & tear. If not done properly it can cause…

One of the most important aspects of property management is how you collect rent. As a landlord, you want to make it easy for your tenants to pay rent each month so that they don’t have any excuses for not paying their rent. But you also want to think about your safety and time. In…

Learn the different responsibilities that you have as a landlord on maintenance.    As a landlord, you are full of legal responsibilities. Depending on what state you have your rental, laws can vary. There are federal laws, state laws, and local laws that you must know and follow. As a landlord, you have certain legal…

Routine maintenance on your property is essential for preserving and building your income and value. Handling maintenance can be a huge headache and time-consuming. When not done well it can become a real problem putting your investment at risk. There are legal responsibilities under the landlord-tenant law that you have as landlord’s regarding maintenance, and as…

Being a landlord is not a simple as it seems, especially in the legal area. Here are some common legal mistakes that landlords make.    Discrimination  As a landlord, it is fundamental for you to know and understand the Fair Housing Act and ensure you are practicing responsible, nondiscriminatory acts. According to the National Fair…