Key Takeaways
- Prompt Reporting Prevents Bigger Problems - Small issues like leaks or flickering lights can quickly escalate into costly repairs if left unreported. Tenants should act early to avoid damage and disruption.
- Legal and Financial Responsibility - Tenants are legally required to re...
Key Takeaways
- Price and Market Your Property Strategically - Use local market data to set a competitive rent and invest in high-quality listings with clear photos and accurate descriptions to attract serious applicants quickly.
- Prioritize Resident Retention - Keeping good residents is more c...
Key Takeaways
- Enforce Late Payment Fees: Consistently collecting late fees encourages timely rent payments and adds to your income.
- Charge Pet Fees: Allowing pets and charging associated fees can attract more tenants and generate additional revenue.
- Build Vendor Relationships: Establishing...
Key Takeways
- Address noise complaints by following local laws and mediating disputes.
- Handle rent non-payment with incentives or legal eviction.
- Follow state laws for storing or disposing of abandoned property.
- Serve proper notice and follow legal steps for evictions.
- Return form...
All landlords can attest that raising rent before a lease renewal is not always a great idea. This is especially true if you have a great tenant in your rental property.
Renting to a great tenant is every landlord’s dream. After all, they're not always easy to come by, despite how thorough one’s...