Property Manangement signing leases - TierOne Real Estate

Q & A

Important Points to Remember 1. Act quickly and consistently. Enforcing the rules will let tenants know you’re serious and will help prevent late tenants from getting behind even further on their payments. You may have worked out a deal with them once or twice, but what if (more…)

Moving tenants - TierOne Real Estate

What do you do when a tenants doesn’t pay rent?

What do you do when a tenants doesn’t pay rent? Step 1: Check Your Lease Documents and Payment Records As silly as it may sound, double-check your records to make sure the tenant is truly late with his or her rent. Sometimes landlords keep better records on paper than they do in their heads and […]

Tenant Protection Plan

We work hard to find the best tenants for your property. But sometime despite all the work, tenants hit a rough patch and stop paying rent. We want to protect you if these ever happen at your property. Below is a list of programs we have developed in order to protect you and your property […]

Common Mistakes of New Landlords

People enter the landlord business for many different reasons. Maybe you’re an “accidental landlord” who decided to rent out your former residence, or you gained a property through an inheritance. Or, maybe you diligently researched properties for sale and chose to purchase one (or more) as an extra source of income. Regardless of how or […]

Things landlords can do today to prepare for winter

Prepare your property successfully with our rental property maintenance checklist: Any rental property you own should be treated like the investment it is. Subsequently, you need to do everything possible to increase the useful life of the property. Fall will be here before we know it and changes in the weather are expected to impact homes differently across the […]

Keeping Investment Records

Keeping complete records of your investments, from the beginning to the end of ownership, is simply good business. A major reason for maintaining accurate records is to calculate your gains or losses when you do sell the property. If you do not have all the documentation to back up your claims to the IRS, and […]

What You Do When You Inherit a Tenant

When an investor purchases a property with an existing tenant, the first thoughts are that rent will immediately come in and there will be no vacancy period. This means initially avoiding higher maintenance costs, leasing fees, and advertising costs. Of course, everyone hopes this is the ideal tenant and the rental agreement has all the […]

Security Deposits

What can a landlord deduct from the tenants security deposit. Collecting a deposit before a new tenant moves in can bring peace of mind to the owner, but when a tenant moves out, what can you actually deduct from the deposit, and what do you need to do? The general rule is that you can […]