Things landlords can do today to prepare for winter

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 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

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

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 […]

Tips to prepare your home for a Rental

Tips to prepare your home for a Rental

Renting out your home can be very lucrative and a great investment. But there are a few things you can do before you start advertising your rental, there are a few things you can do to prepare the home for renters. These items will help you get the most out of your rental and attract […]

Rents – Does It Add Up?

Rents – Does It Add Up?

It is natural to want to obtain the highest rent possible when your property is vacant. A long vacancy can cause frustration, anxiety, and anger. However, holding out for more money can be more costly than you think. When this situation occurs, it is better to use a mathematical approach. Write down the expenditures for […]

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The Unfortunate Notice

Why is the tenant giving notice now! This may be your first reaction if you receive a notice to vacate from a tenant with a holiday season approaching. The first thought is that no one will rent a property in November, much less December – the holiday month. There is the prevailing belief that the […]

Do You Have The Right Type Of Insurance?

Do You Have The Right Type Of Insurance?

There are important steps that investors must take to ensure the success of their rental property; one of the most critical is that of procuring the right property insurance. As your property management company, we cannot advise you specifically on what insurance policy to purchase. The purpose of this article is simply to make you […]

Renting to the Handicapped

Renting to the Handicapped

Fair Housing is simple – do not discriminate. While this may be a basic principle, it is often not “easy” to follow, particularly in the area of handicapped or disabled persons. Many landlords often do not know or understand the legal requirements when it comes to renting to handicapped tenants, which can lead to costly […]

What If The Tenant Quits?

What If The Tenant Quits?

It is the first of the month and the rent is due. The rent does not come in and a notice to pay rent or quit is served. The majority of tenants pay the rent. But what if the tenant decides to “quit,” by vacating the property? The first reaction is usually anger and outrage […]