The Great Pet Debate: To Allow Pets In Your Apartment or Not

Thursday, January 30, 2020 - 12:00AM

When you become a landlord, it is up to you to decide what you will and will not allow in your apartments. While many people have an idea of rules that they want in place, others don’t really know where to start. You should really take your time at this stage of planning to ensure that you are happy with your choices.

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Topics: pets in apartments, renters with pets, renting with pets

Tips for Tenants on Dealing with Difficult Neighbors

Tuesday, January 28, 2020 - 12:00AM

When you're renting a property in a new neighborhood, it's important to understand that many of your neighbors probably aren't fellow renters. If you think someone's treating you with unreasonable hostility, it's entirely possible that they have had a bad experience with someone who lived in the property before you and are anticipating more trouble from you. While this may seem prejudiced, remember that it can be hard for home owners who live next to someone's investment property to accept the revolving door of renting neighbors. The best way for tenants to deal with difficult neighbors is to be friendly and understanding. Know where you can make a difference and when it's best to give someone their space.

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Topics: Tips for tenants, Getting along with neighbors

Property Managers: A Notice for Every Occasion

Thursday, January 23, 2020 - 12:00AM

The relationship between tenants and their property managers is, first and foremost, a professional one. Maybe you live nearby, have shared plates of homemade cookies or traded fishing trip stories. Whether you're best friends with a tenant or have mutually disliked each other from day one, none of this precludes your duties as their property manager. This means that when it comes to the property, everything must be communicated in writing. Just as you can't hold tenants to requirements that aren't written in the lease, there are also many things you can't do without giving them written notice. While it's always safer to send a notice for absolutely everything, here are the primary situations and notices that will need to be sent:

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Topics: Property Management, professional property manager, property management advice

The 6-Month Property Maintenance Checklist

Tuesday, January 21, 2020 - 12:00AM

When you're renting a property, it's hard to think about maintenance in the long term. Many renters don't stay in one place long enough to worry about things like repainting the exterior, maintaining the roof, or even cleaning out the air filters. However, as the property manager, these concerns are what you're all about and some things should be checked on more frequently than others. While you do your best to stay out of the tenant's hair, it's good policy to schedule a visit about every six months to check on a few things that will not only keep the property in good condition but ensure that the living environment continues to be safe and clean for the tenants as well. Here's your checklist of what you should at least put eyes on during your bi-annual property maintenance inspections.

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Tips for Evicting Tenants

Thursday, January 16, 2020 - 12:00AM

As a landlord or property manager, there are going to be times when you have to evict tenants. Whether they are causing a lot of trouble with your other tenants or they simply quit paying the rent, eviction is not an easy thing to do.

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Topics: Rental Management, Property Managers, Owning a property, rental property owners, property management advice

Should You Give Renters Permission to Paint Interior Walls?

Tuesday, January 14, 2020 - 11:37AM

The relationship between renter and property owner has always been a complicated one. There have always been rules about what renters can and cannot do with the property including smoking, pet ownership, certain hobbies, and home improvement projects. It's often agreed that some rulesets take things too far, like preventing renters from putting up wall art, while others are incredibly free-handed with their renters as long as any changes are an improvement or returned to their original state by the move-out date.

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Topics: renters, walls, painting

7 Pros and Cons of Leasing Your Property for a Short Term

Saturday, January 11, 2020 - 11:10AM

People who don't have much experience with renting out a property might prefer to start with short-term rentals. Or if you're thinking about going somewhere for a few months, why not earn some extra income by renting out your home? Some people also live in areas where people come to vacation for the summer, in which case a short-term rental makes sense.

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Topics: rental property owners, rentals, renting your residence

3 Possible Tenant Problems that Property Management Can Help You With

Friday, January 10, 2020 - 09:00AM

Many people think that they don't really need property management. After all, how hard can it be to manage a property? All you have to do is find new tenants when the old ones are leaving and take care of maintenance.

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Topics: how to use your property manager

How To Use Your Property Manager to Your Utmost Advantage

Wednesday, January 08, 2020 - 05:34PM

Property managers are an important asset to any real estate investor looking to make a profit from their rental property. For some investors, the property they have purchased may be an alternate line of income or it may be a way of subsidizing a second home.

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Topics: how to use your property manager

Property Maintenance for Your Roof

Tuesday, January 07, 2020 - 10:23AM

One of the most costly parts of a house to replace is the roof. Depending of the roofing materials used, it can run as high as several thousand dollars. A high dollar expense such as this is not pleasant when it involves a rental property. Fortunately, there are proactive steps that can be taken by a property maintenance crew that will extend the life of a roof and divert a huge cash outlay.

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Topics: Maintaining a property, roof maintenance, Maintaining Roofing Materials

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