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6 hours ago

There are many complicated situations that you may run across as a landlord and property manager, but a potential legal landmine can be if you discover that your tenant is a hoarder. The Fair Housing Act may limit your ability to evict a tenant simply for this, but there are preemptive measures that you can take to protect your property before things get out of hand.
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10 hours ago

Evictions are one of the most legally intimidating things a landlord or property manager can do. Especially at a small company, emotions can run high, and it's easy to act rashly, but don't -- the last thing you want to do is invite a lawsuit.
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16 hours ago

If you're a single landlord without a team of property managers to handle your calls from tenants, you may find yourself on the receiving end of phone calls well outside of normal business hours if you're not careful. Here are a few tips on how to avoid those:
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1 day ago

Choosing to invest in a college town can help to bring in a steady flow of tenants while school is in session, but there are certain things you should be aware of as well before jumping into that corner of the rental market.
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1 day ago

There are certain rental property locations that are ideal for corporate housing. If your rental is located near or in the middle of a business center, you could have companies that wish to rent it out for employees that will be visiting longer than a hotel would be comfortable for. That may make your rental perfect for them if you're willing to be flexible with your lease terms.
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1 day ago

Many landlords have trouble deciding if they should allow pets in a rental, but this is one upside of allowing dogs in your rental that you may not have considered and that may actually save you money:
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2 days ago

When you are a single property manager, time is a very precious commodity and you will want to manage it well to keep your business running smoothly. Check out these time management tools to help you do that:
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2 days ago

Some landlords are hesitant to rent to Section 8 tenants, but there are some great advantages to working with the program, including quicker turn around times and a steady rent check. Take a look at the advantages of renting to Section 8 tenants here:
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2 days ago

Turnover in your rental can be frustrating, but it can also be costly. You're not just looking at the loss of rent between tenants, but the cost that comes with trying to find a new tenant.
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3 days ago

With the speed our world moves at, you often have to find new ways to keep up so that you don't fall behind in your business. Check out these tech programs that can help a landlord and property manager stay ahead:
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3 days ago

When you go through the tenant screening process you will gather quite a bit of sensitive information from your applicant. As the landlord, it is your responsibility to make sure this is kept securely.
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3 days ago

Even if property owners are passing on the cost of utilities to their tenants, keeping costs under control by employing energy-saving methods can attract the best renters. These tips and the information found below about the benefits of insulating a rental property can help property owners understand why the cost of adding insulation to their property is a good investment. - See more at: http://buff.ly/2cXT17c

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4 days ago

No one enjoys going to court, but due to the nature of the landlord-tenant relationship, there's no doubt that landlords will see their fair share of the inside of a courtroom. From watching daytime court shows, it may seem as if small claims decisions are a toss-up between who will win. This simply isn't the case, and landlords who understand the following nuances of the process have a distinct advantage in the courtroom.
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4 days ago

A good, professional relationship with your tenants will save you time and money in many ways. Having an adversarial relationship with a tenant can cost you more than just sleepless nights worrying whether they are going to pay. If a tenant is not interested in working with you, they are less likely to take care of your rental property or to let you know about problems as they develop. Learning about an issue early can be the difference between a quick repair and a lengthy, expensive contractor visit. It is important to train your tenants to help you out in taking care of your property.
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5 days ago

Lawsuits take time and money, and as a landlord you will want to avoid them at all cost. Part of that is making sure you avoid being sued by a tenant starts with taking care of your end. Check out these 6 different lawsuits every landlord should be aware of:
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5 days ago

A few simple rental property upgrades will pay off in the long run; the landlord will benefit from the overall value of their rental property increasing. Giving the property a quick face lift with a few renovations also allows a landlord to asking a higher rent for a unit that outshines all rental competition in the area.
Here are five rental property upgrades that all landlords should undertake to see an increased return on their rental investment:
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6 days ago

When you accept a tenant into your rental you are expected to allow them to peacefully enjoy that home as long as they are living there. You may be the owner, but if you cross the line into landlord harassment, it could become a legal problem for you.
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6 days ago

Preventive maintenance is a good way that many landlords head off issues in their rental properties before they become major (and expensive) maintenance issues. Staying on top of certain potential problems will help things to run more smoothly and keep a little more money in your pocket.
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6 days ago

When a tenant moves out you will likely to an inspection of the property to see how much of their security deposit you can return. You will need to know the difference between normal wear and tear and what is considered damage that you can deduct for.
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1 week ago

Quality tenants will look for quality landlords, so never stop trying to improve your approach in your rental business. There are many ways that you can step up your game and encourage those great tenants to stay on another lease term with you.
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1 week ago

There's no need to feel intimidated by regulations when you are working with disabled tenants. With a few commonsense application of the rules, you can expand your available tenant pool while complying with requirements. Working with renters who may be disabled is easy, as long as you keep a few things in mind.
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1 week ago

You can screen a potential tenant, but if you don't know what you're looking for it will do little good. Check out these common red flags that should always make you pause and take a closer look:
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1 week ago

You can screen a potential tenant, but if you don't know what you're looking for it will do little good. Check out these common red flags that should always make you pause and take a closer look:
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1 week ago

There are many reasons that a potential tenant that is applying for your rental may not have a credit history. They may be young and new to the world of credit, they may prefer cash over credit, or they may simply not have taken out a loan or a credit card in their own name for quite some time. Whatever the case, they may still be good tenants. Check out these options for screening applicants without a credit history here:
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1 week ago

Evictions are a landlord’s worst nightmare. If you’ve been through the process, you know this from experience. If you haven’t, you likely know from other landlords’ experiences.

There is nothing enticing about going through what can be a long, expensive, and drawn-out process to force a tenant from your rental. If it’s come to this, it’s a safe bet that you’ve reached your limit with them, but what is the true cost of an eviction?
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1 week ago

The purpose of screening a tenant is to catch any warning signs of potential (or past) delinquency before you accept them into your rental and they become a problem for you. To help you do that, LandlordStation has gathered the top 9 most ignored red flags that may show up on your applicant's tenant screening. Find them here:
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1 week ago

It's hard work finding a tenant to fill your rental vacancy, and even harder work finding a quality tenant. Once you snag that great tenant, you'll want them to stay as long as they can. We've put together 10 tips to help you achieve that:
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1 week ago

Many renters in the US will have a pet that they will want to bring with them. Some landlords choose to have a no-pet policy, but this will limit your incoming applicants. Another option may be a pet deposit or pet rent to help protect your rental property from potential damage.
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1 week ago

No landlord wants to have to go through the eviction process with a tenant. One way that you can hedge against that is to run an eviction report on that individual during their tenant screening process, but is it possible that an eviction wouldn't show?
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1 week ago

You may come across an issue in which a tenant has a dispute either with another tenant, a neighbor, or someone else, and they come to you to resolve it. While there are many cases in which you can help, you will need to have this mapped out in your lease with the tenant so that you do not find yourself in a precarious situation.
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1 week ago

Many landlords are moving to smoke-free rentals due to the damage that it can cause a rental unit and the clean up costs after the renter moves out. Lingering odors, fire hazards, and a variety of other issues are worth considering, at the very least, but you may find that there are just as many good compromises to think about so that you do not limit those applicants that could turn out to be high-quality tenants.
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1 week ago

Investing in real estate is an opportunity to increase your income long term. How much you profit depends on decisions you make early in the process, beginning with choosing which investment property to buy.If you can purchase quality real estate below the market price, this can increase your return on investment. There are a variety of factors that go into this, but if you do your research right it can increase your bottom line.
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1 week ago

Even if you have an insurance policy out on the rental, this will not cover your tenant's possessions or a variety of other issues that may arise while your tenant is living in your rental. Renter's insurance is relatively inexpensive, and may be well worth the investment for both landlord and tenant.
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1 week ago

To help you avoid common rental investment mistakes, we have gathered a list of the top seven things that real landlords wish they had known before they got into the business. By banishing these assumptions, and learning from their experiences, you should be closer to making your purchase of rental property a huge success.
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1 week ago

The best option is to treat your investment property like a car. Inspect and maintain it regularly, dealing with small repairs as they arise. It may sound like a lot of work, but it will ultimately save you time and money in the long run. Here, we share our 5 simple ways to keep the maintenance of your rental property under control.
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1 week ago

If you or your tenant discover mold in your rental unit, you'll need to act quickly. It can damage your renters' health and, if it gets bad enough, may require them to move out while it's being taken care of.
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1 week ago

If your rental's bathroom looks like it may need some work done to it, you may consider regrouting the shower tiles. While it's possible the room will need a complete overhaul, you would be surprised the new life something as simple as regrouting can add to a shower. It will also be a considerably cheaper option. See how you can do it yourself here:
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2 weeks ago

Property management can take many unexpected turns. As a landlord and/or property manager, it's your job to stay ahead of those.
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2 weeks ago

Evictions are a landlord's worst nightmares. Sometimes you see them coming for some time before they actually hit. A tenant moves in and immediately starts causing trouble. Maybe they are bothering neighbors or they come up short (or not at all) for the first month's rent. Any number of things could happen that puts them in the delinquent tenant category. If their credit was only so-so and their references were a little sketchy, you might not be too surprised, but if they came highly recommended with a stellar history, it may catch you off your guard.
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2 weeks ago

Competitive rental markets require you to go above and beyond to attract tenants to your properties. One way you can set yourself apart from other properties is partnering with local businesses to offer your tenants unique amenities. Not only will you set yourself apart in a buyer's market, but you'll also form connections with other business owners in the area.
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2 weeks ago

Many tenants that wish to rent from you will have a pet of some sort. Dogs, cats, and other animals are often viewed as part of the family, and denying these animals access to the rental could limit your options. Even so, there's no reason you should suffer if your tenant's animals cause damage to the property. Make sure you limit your own liability.
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2 weeks ago

Whether your goal is to make more money or have more free time, increasing your productivity is essential as a landlord. You must make every move count; every hour you work more efficient. Here are a few strategies you can implement in your rental business to ensure you're working as productively as possible.
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2 weeks ago

There are expenses that come with being a landlord. Many of those come at the beginning when you buy your rental property. It's good to have a clear understanding what you should expect when it comes to the fees that you will be charged while financing that rental property. Check those out here:
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2 weeks ago

There may come a day when you decide to sell a rental property. The market may just be right for it or you may be getting out of the rental business. Whatever the case, if you have a renter living in that property, you'll need to make sure to handle them with care.
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2 weeks ago

If you are looking to build your rental investment portfolio, you will want to weigh your options on the kind of rental you will purchase next. Some landlords prefer single-family homes while others prefer multi-family, but if you're not sure which one would better suit your business and what you're looking for, you may want to take a look below at a few articles that LandlordStation has put together for you to get you started on that decision.
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2 weeks ago

Running a rental business can be difficult. There are many moving parts and often it feels like not enough time in the day to handle them as you should. One thing you can do to elevate some of the pressure is to cut costs without cutting efficiency. That can come in many ways, so LandlordStation has gathered a few tips for you below to help you find the best place to focus on so that you can start saving money.
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2 weeks ago

As a landlord, you have a lot of things to worry about. Are you letting the correct person rent from you? Are you staying on top of maintenance issues so that they won't cause more problems down the road? Are you abiding by both federal and local laws? The last one can be difficult, because laws are always changing and evolving, sometimes without you knowing. If you own a rental in one area and live in another, there may be different legal expectations for the county that your rental is in. Never assume that local laws are the same in two different places without verifying.
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2 weeks ago

When it comes to tenant screening it helps to get into a process, but you don't want that process to become so routine that you forget to check on laws that have been updated or make assumptions that may turn out to be wrong. We have listed a few topics you may want to think about below, covering issues as recent as the new HUD guidelines to how to handle the Fair Housing Laws as they apply to a number of different situations.
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2 weeks ago

When it comes to marketing your rental there will not be a one-size-fits-all approach. Different markets will look for different highlighted amenities, and your techniques and marketing strategies will need to be adjusted for that. Take a look below at a few articles and tips that LandlordStation has gathered to help you through that process.
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2 weeks ago

During the busy rental season you may find that you're being pulled in multiple directions. If you want to stay on top of things, you will need to have your process and policies set before you jump in the middle of it. This includes how you will handle a variety of fees. Before things get too crazy, take a few minutes to consider the following about rental fees and deposits:
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LandlordStation provides a full platform of services including Tenant Screening and Online Rent Payments to Landlords.

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