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7 hours ago

If your rental is approved to lease to Section 8 tenants, you will want to make sure you're renting to the best tenant that applies to your property. Regardless of who you're renting to, that will take a little work. One of the perks of renting to Section 8 tenants is that it opens up new avenues for advertising your rental. Check out the best places to find high quality Section 8 tenants here: http://buff.ly/2o23QNa

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22 hours ago

If a tenant leaves owing money, you might want to consider making use of a collection agency to recover some of that back rent. If you've never had to go this route before, you may need some pointers on how to choose a trustworthy collection agency. http://buff.ly/2ney3VI

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1 day ago

Being a single landlord and property manager is a busy job. You have a dozen things on your plate at any given time, and it can be easy to shuffle accounting off to the side and promise yourself that you'll get to it when you get to it. If you take that approach, though, you're likely to lose receipts and you may find that your checkbook doesn't balance as it should. Check out these four expense tracking tips to make accounting easier for you: http://buff.ly/2mJyhrM

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1 day ago

There's no helping the fact that there will be turnover time between tenants, but you'll want to keep that time as limited as possible. The longer your rental sits vacant between outgoing and incoming tenants, the more money you're spending on it. http://buff.ly/2orjkHe

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1 day ago

As your business expands, you may consider researching your options when it comes to cloud storage for your rental business. This will allow you to access information even when you're on the go. http://buff.ly/2or3SuJ

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2 days ago

You may feel like everything is working against you when it comes to some tenants. They may be unwilling to live up to the agreement that you signed with them and may take off without warning or without paying what they owe on the rental. That can put you in a real bind. If it comes down to it, you may want to look into your legal options against the tenant. http://buff.ly/2oqVpY9

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2 days ago

We live in a fast-paced world, and in order to keep up with that, you'll need to find a way to use technology to your advantage in your rental business. While jumping on every new technological fad may not be your best option, you can pick and choose the technology that will best help you streamline your process and make your life a little easier. http://buff.ly/2mJdPXR

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2 days ago

If delinquent tenants were not bad enough, there may come a time when you'll not only have a tenant that just stops paying rent, but they disappear in the middle of the night without a forwarding address. At this point you'll need to make a decision. Are they worth trying to track down? If they owe enough in back rent and damages, they may be. It won't be easy, but there are a few legal routes you can take to try to find your previous tenants, even if they don't want to be found: http://buff.ly/2nMpsNB

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3 days ago

Adding insulation can help you provide a more comfortable environment for your tenants in your rental and help to control utility costs. See how: http://buff.ly/2nf4VhQ

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3 days ago

You may be surprised that what seems like innocent wording in a rental ad can, in fact, get you into a lot of legal trouble. If your ad comes across as being discriminatory against a protected class it could cost you. Check out this article to avoid that legal trouble: http://buff.ly/2nMmg4f

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3 days ago

While you shouldn't make any final decisions off of a gut reaction to a potential tenant without running a full screening on them and checking into their credit background, you shouldn't ignore what could be warning signs that they don't take care of their property either. http://buff.ly/2mVU22N

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4 days ago

If you own an older property, it may be time for some renovations. The trick is figuring out which renovations will increase the profitability of your rental. You don't want to sink a lot of money into "upgrades" that won't increase the value of your real estate investment. http://buff.ly/2nI0NcG

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4 days ago

A water leak in your rental may start off small. Your tenant may not notice it at first. In fact, depending on where it is, they may not notice it until the water bill starts to climb.
Water damage is troublesome for everyone, so you should always educate your tenants on what to look for when it comes to signs of a water leak in their rental, and you can follow these tips to cut down on leaks: http://buff.ly/2mYPBoE

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5 days ago

If the power goes out in the rental, it's a pretty good bet that you'll be getting a call from the tenant shortly after. You don't want to leave them stranded and waiting for an electrician, so if you can get by the unit, you may find it's something you can easily fix on your own. Check out these tips on how to reset and replace a fuse: http://buff.ly/2nbYDPQ

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5 days ago

There may be a time when you decide that you want to expand your rental business. While investing locally comes with its own set of perks, you might find that investing in certain cities, even if they're not next door, proves to be more lucrative to your business. Check out these three locations: http://buff.ly/2nHJ9FX

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6 days ago

Maintenance emergencies are never fun, and somehow they always seem to happen at the most inconvenient time possible. If you're a landlord that manages your own properties, you've probably received that late-night call or dealt with the panic of the heat going out in the middle of winter or the A/C refusing to cool in the dead of summer, or any number of emergencies that won't be able to wait. It's stressful for both you and your tenant, but you may be able to get ahead of these types of emergencies with just a little preventive maintenance. Here's how: http://buff.ly/2mUJO2x

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6 days ago

If you have a potential tenant apply for your rental that is covered by the Americans with Disabilities Act, you will need to know what is expected from you as the landlord and/or property manager and what their rights are. Check out these tips here: http://buff.ly/2nMGaN4

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6 days ago

The best way to keep turnovers tight in your rental unit is to manage expectations for outgoing tenants. That can start as early as when you interview them for the property and sign the lease with them. http://buff.ly/2neoWqh

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1 week ago

You can't always meet with your rental applicants in person. Sometimes they're transferring in from out of town, schedules don't quite line up, or any number of reasons. That doesn't automatically mean that you shouldn't begin the process with them. Check out these effective interview questions that you can use to get a feel for someone that you can't meet with in person: http://buff.ly/2nCvO1J

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1 week ago

Social media can be a great asset to a landlord and property manager, but if you're using it to screen your potential tenants, you'll want to make sure that you're using it in a way that does not conflict with the Fair Housing Act. http://buff.ly/2nPbmYP

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1 week ago

Making sure that you are accepting the right applicant into your rental costs money. There are marketing fees, tenant screening fees, and the time and effort it takes to go through the entire process. Choosing to charge an application fee to your potential tenant may help alleviate some of that financial burden on you. http://buff.ly/2o126jy

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1 week ago

Fees are costs that you'll need to work into your budget to make sure that you are approaching rental expenses with realistic expectations. We've put together four fees that many landlords don't think about when first working out their budget. Make sure not to miss these: http://buff.ly/2mMl3FG

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1 week ago

There may come a time when you accept a tenant into your rental that knows how to balance on a thin line. They push their luck enough to drive you insane, but never quite go as far as breaking the lease to give you grounds to evict them. That doesn't make them any less frustrating. Check out these tips on what to do if you're trying to get a troublesome tenant to leave before the lease agreement is up: http://buff.ly/2nxoFQ8

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1 week ago

Part of protecting your real estate investment is performing a thorough tenant screening on any incoming tenants. While you shouldn't skip a criminal background check, you should be aware that there are limitations to it. Part of protecting yourself and your property is knowing had to handle those limitations. http://buff.ly/2nLC7NZ

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1 week ago

Even if you handle the day-to-day repairs on your rental by yourself, there will come a time when you need to reach out to a contractor for a larger repair. Hiring the wrong one may cost you though, so you'll want to make sure to choose someone who is trustworthy and worth the money that you'll spend on them. Check out these tips here: http://buff.ly/2mNnSXR

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1 week ago

As you go through your tenant screening process, you may run across a rental applicant that has a criminal record in their background. You will need to have a set of guidelines set before you begin the screening process so that you can approach each situation fairly and without bias. Check out a few things you should think about when weighing your decisions: http://buff.ly/2mIuiqu

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1 week ago

There will be times when you need to conduct major repairs on your rental. It may have suffered from natural disaster or it could just be a repair that is needed due to age, but there are several things that you'll need to be aware of before tackling a major project such as this: http://buff.ly/2nikrfe

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1 week ago

When you purchase an investment property you will want to check to see if it's part of a Home Owners Association (HOA). If it is, you may be subject to a few rules you weren't prepared for. http://buff.ly/2mY9NcI

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1 week ago

While there are many landlord-tenant laws that are federally regulated, many areas have local laws that add to them or clarify for the region. Make sure that you know where to look for your own local laws so that you don't find yourself accidentally working against them.
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1 week ago

Even the best tenants have disagreements. They may be disagreements with neighbors, their fellow renters, or any number of people, but the problem becomes when they expect you to find a resolution for their disagreement. As a landlord and/or property manager, you want to make sure to draw clear boundaries within your lease agreement with your tenants on where you are willing to step in and act as a mediator and where you are not. http://buff.ly/2mAzGvw

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1 week ago

If you own a rental with a stucco exterior, there's a good chance that it will need some repair for upkeep as the years wear on it. While you can certainly hire a professional to do this, if you prefer to do it yourself, here are some tips to make that a little easier: http://buff.ly/2nhzF4i

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1 week ago

If you own an apartment complex or a rental property with multiple unit you may find yourself having trouble juggling the maintenance issues alone. Doing it yourself may sound cheaper, but when those midnight phone calls about maintenance emergencies come in, you may wish that you had someone on-site to handle it immediately.
Check out these tips on hiring on-site/24 hour maintenance for your rental: http://buff.ly/2n0xxx4

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1 week ago

If it's the dead of winter or the dead of summer, your tenants won't be happy if their electricity bill spikes due to air that they have paid for escaping through a badly sealed door. Sliding glass doors, if not sealed properly, can be an easy place for this to happen.
You don't have to call a handyman to fix this. With just a few easy steps, you can seal the glass door yourself. Here's how: http://buff.ly/2mtdkfG
#DIY

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1 week ago

Part of preparing to screen new tenants for your rental is putting together your expectations. Setting minimum requirements will help you streamline your process as well as ensure that you are treating everyone fairly. You will want to make sure that any of your policies that you set are in line with the Fair Housing Act.
Check out this article for tips on how to set those minimum requirements: http://buff.ly/2mtfTym

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1 week ago

There are 5 successful personality traits that successful landlords share. Check those out here: http://buff.ly/2m0Ra9e

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1 week ago

With any small business comes a lot of stress, but the way to counter that is to find ways to streamline all the things that need to be done without cutting down on productivity. http://buff.ly/2mpnjCo

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1 week ago

As a landlord and property manager, you may accept tenants that want to pay in various ways. There are pros and cons to accepting cash payments for rent, but you should make some choices on the way you'll accept payment for rent before you sign the lease with your tenant. http://buff.ly/2mpwFOB

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2 weeks ago

You have a lot of responsibilities as a landlord, but there are some that go above and beyond just being the best landlord and property manager that you can be. They are obligations that you are legally required to meet. http://buff.ly/2mp3oUj

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2 weeks ago

There are many different types of real estate investments that you can look into when you're looking to buy your next rental property. One option that you may consider is to look into investing in a property that was foreclosed on. As with any investment, though, don't jump in without doing your research.
Check out these tips for investing in foreclosures: http://buff.ly/2nBjjA0

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2 weeks ago

When you run a rental business you have to budget in certain expenses. Some of these can vary depending on if you're a do-it-yourself kind of landlord or if you hire third parties to help ease the burden for you, but in the end there will be expenses. Property upkeep, maintenance, and tenant screenings are just a few of these, but one expense you may not think of right away are the taxes that you'll need to pay on the property.
The good news is that you may be able to lower some of those taxes, which should help your bottom line. See how: http://buff.ly/2nBrITZ

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2 weeks ago

If you choose to make your rental pet-free, you may be severely limiting your pool of applicants. You can choose to accept pets in your rental and still protect your real estate investment by setting a pet deposit to be used if the pet does any damage to the property. Check out these tips on how to set that: http://buff.ly/2mIZNnF

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2 weeks ago

You probably know that, even if you have a pet-free rental, that you need to make an exception for service animals, but what about a companion animal? Is there a difference? Are they treated the same way as a service animal would be? Check out these tips on how to approach a tenant with a companion animal here: http://buff.ly/2mo6rvU

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2 weeks ago

When a tenant moves out of your rental there are certain decisions you'll have to make. One of those decisions is how much to return out of their security deposit. Normal wear and tear can't be taken from a security deposit, but when it comes to damage done to a carpet, that can be a bit tricky. Check out these tips for setting a life of your rental's carpet: http://buff.ly/2nmVi07

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2 weeks ago

An important step to screening a potential tenant is to verify that they have the income to cover rent as well as their other bills. You'll want to run a credit check to make sure that they are responsible in paying their bills on time as well as get a feel for the money that they currently owe, but you may have to take extra steps to verify income. If your rental applicant is self employed, you may have to adjust your approach. Check out these tips to verifying a self employed tenant's income: http://buff.ly/2mkv6BH

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2 weeks ago

Lead-based paint may not be as big of a liability in newer structures, but as a landlord and property manager, you will need to make sure that, if it's even possible that lead-based paint was used anywhere in your property, that you warn any potential tenants about it. You can do this by providing a lead-based paint disclosure to them. Here's how: http://buff.ly/2mTsWwA

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2 weeks ago

When you accept a tenant into your rental and sign a lease with them, you are both agreeing to a set of rules between you. As a landlord, you are responsible for many things, but you will want to be especially careful that your tenants can never claim landlord negligence. http://buff.ly/2n8Ig9S

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2 weeks ago

As a property owner and landlord, you are required to provide a safe and habitable home for the tenants that you rent to. Part of that is making sure that the rental property is well taken and that any maintenance that is needed for that upkeep is handled in a timely fashion.
Check out these tips on how to know if it's time to replace your roof: http://buff.ly/2no8Zvb

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2 weeks ago

Having an AC unit give out during the summer months is frustrating for both you and your tenants, especially if your rental is located in a warmer part of the country. You have to scurry to get someone out to fix the unit and your tenants have to suffer the heat until that's done. If the heat is bad enough, you may have to pay extra to get a repair man out there that same day.
The best option is to be proactive in your AC maintenance. Check out these tips on how to do that: http://buff.ly/2m9tfiQ
#propertymaintenance

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2 weeks ago

When you accept a tenant into your rental you will likely sit down with them and go over the lease, expectations, and any questions that they have. One thing you may consider speaking to them about is how to detect a water leak. It can start small, but the longer the leak goes, the bigger (and more expensive!) the problem becomes. Neither you or your tenant want a flood with damaged property on both ends, so share this helpful information with them and work together to avoid water damage in your property: http://buff.ly/2nndW7d
#waterdamage #landlordtips

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2 weeks ago

When you're ready to buy your next investment property, you'll want to make sure that you do a full inspection on the home before purchasing it. If you don't, you might find out about some rather expensive problems too late. Check out these tips on what you should expect out of a home inspection: http://buff.ly/2ne9Peq
#realestateinvestment

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