How Technology Has Changed Landlords' Jobs Forever - Landlord Station

9 hours ago

Technology has changed how our world works, and the rental and property management industry is no different. While taking your business digital can seem like a daunting task, you'd be surprised at the time and money that you'll save.

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How adding hardwood floors ups the value of your rental property - Landlord Station

12 hours ago

When you own a rental property you are constantly looking for ways to save money and increase the value of your property. One option you may wish to look into is installing hardwood floors in your rental.

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Adding a Pet to a Lease - Landlord Station

19 hours ago

Pets are often considered one of the family. If it comes down to being accepted into your rental or giving up the family pet, your rental may not win out. Before you decide to make your property pet-free, check out this article:

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How to Stand Out in the Summer - Landlord Station

1 day ago

The summer months can be some of the busiest in the rental business. While that means an influx of applicants it can also means more competition from rentals in your area. Check out these tips on how to stand out:

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How To Price Your Prime, New Property To Get The Tenants You Need (and Want!) - Landlord Station

1 day ago

Choosing the right rent rate can help you bring in the best tenants to look at your rental property and apply. If you price it too high, potential applicants may move on to similar properties in their price range, but if you price it too low, they may worry that there's something wrong with the rental or that they're about to get scammed.
How should a landlord choose their rent rate? Check out this article for more information on that:

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Landlords in the Know: Tenant Rights 101 - Landlord Station

1 day ago

Your tenants will have certain rights that you will be legally required to honor when you accept them into your rental. As a landlord and/or property manager, you should know these rights inside and out.

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Why Landlords Are Opting For Non-Refundable Move-In Fees Over Security Deposits - Landlord Station

2 days ago

Many landlords and property managers charge a security deposit when the new tenant moves in. This is a refundable deposit, if the property is returned in the same shape it was received in, save normal wear and tear.
There is a relatively new trend that some landlords have found useful for their business. You may consider charging a non-refundable move in fee rather than a security deposit.

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4 Hidden Fees All Landlords Will Encounter - Landlord Station

2 days ago

Just because a fee does not show up as a monthly expense does not mean that you should leave it out of your budget. Don't let these fees creep up on you.

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6 Tips for Removing a Tenant Who Hasn't Broken the Lease - Landlord Station

3 days ago

No matter how much a tenant may drive you up the all, you cannot evict them without legal cause. If they haven't broken the lease you may wish to take a look at some alternative options.

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How to choose a trustworthy contractor - Landlord Station

3 days ago

If you invest in real estate with the intention of renting the property out to tenants, you will likely own and manage the property long enough that you will need to hire a contractor for some kind of repair. You'll need to make sure that you choose someone that will get the job done right the first time.

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Legal Documents to Update Every Year - Landlord Station

4 days ago

There are some legal documents that you can file away to use for the next several years, but others you'll want to make sure you have the most updated version so that you don't miss something.

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Can Landlords Effectively Screen Applicants Online? - Landlord Station

4 days ago

You may not be able to meet immediately with every rental applicant. You may have scheduling conflicts or they may be moving in from out of town. An online option will help you streamline your process to make sure that you can evaluate all of your rental applicants fairly.

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Are Tenants Protected Against Owner Move-In Evictions - Landlord Station

4 days ago

There may come a point in which you, as the landlord, need to move into a rental you own. If this happens and you need the current tenants out of the home, you'll need to make sure you are legally allowed to ask that they leave.

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Public Records, Tenants, and Landlords - Landlord Station

5 days ago

Part of choosing the best tenant is a thorough understanding of the tenant screening you receive on them. A credit report will likely have a public records section. To find out what that covers, check out this article:

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Tenants with a Record - Landlord Station

5 days ago

A criminal record does not necessarily indicate that your applicant wouldn't be a quality tenant. The crime itself, when it was committed, and many other factors may be added together to help you decide if the individual is a good fit for your rental.

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Purchasing a New Vs Used Rental Property - Landlord Station

5 days ago

A lot of work goes into purchasing a new rental property, and there are a lot of questions that you'll need to answer before you make that purchase. One of those questions is if you should buy new or used. There are pros and cons to both.

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10 Options to Encourage Good Tenants to Stay - Landlord Station

6 days ago

When you find that amazing tenant that takes care of your rental, pays rent on time, and follows the terms that you both agreed to in the lease, you don't want to let them go. Sometimes there are extenuating circumstances that take your tenant away at the end of the lease, but if you have a chance to keep a tenant that you know that you work well with, you'll want to take it.

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How are Credit Scores Calculated? - Landlord Station

6 days ago

Screening your incoming potential tenants will help you protect your real estate investment, but if you are new to property management you may not know what all goes into a credit report or how scores are calculated.

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How Single Landlords Can Compete Against Corporate Landlords - Landlord Station

6 days ago

Competition can make it difficult to rent out your real estate investment, but if you're up against a corporate landlord it can feel almost impossible. They likely have an internal property management team, much larger marketing budget, and name recognition to help snag the type of tenants that they want for their rentals.
The good news is that, as a single landlord, there are things that you can offer your prospective tenants that a corporation cannot.

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Top 10 Things to Make Sure Your Lease Covers When it Comes to Tenant Responsibility - Landlord Station

1 week ago

While a thorough tenant screening process is your first line of defense, a well-written lease is your second and equally as important. A delinquent tenant may find a way to slip through your screening, but if you do not have a solid lease in place you may find it harder to get them out of the rental.

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Help, My Tenant Filed for Bankruptcy! (Part 1) - Landlord Station

1 week ago

Even a fully vetted rental applicant can hit hard times and suddenly find that they are unable to pay the rent. Worse, they may even file for bankruptcy while in your rental. If this happens, how can you make sure that you're paid and in full? What options do you have?

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Keep Your Tenant's Personal Information Safe - Landlord Station

1 week ago

With the personal information that you need to collect in order to perform your due diligence on an applicant you will need to make sure that your security measures up. If it doesn't and someone steals your applicant or your tenants' personal information, you could find yourself facing a lawsuit.

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Protected Classes of Tenants - Landlord Station

1 week ago

When you open your rental up and begin the tenant screening process, there are certain key things that you cannot use to choose your next tenant. If you do so, you may find yourself in legal trouble.

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Timeline Photos

1 week ago

When you choose to invest in real estate as a landlord and/or property manager you will need to brush up on the Fair Housing Act so that you can make sure that you are treating your applicants and your tenants fairly and are handling your process as the law requires you to. http://buff.ly/2pG9gtW

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How Private Are Tenant Screenings? (Part 1) - Landlord Station

1 week ago

You receive a lot of private information when you run a tenant screening that you are legally required to handle with care. Your tenants will be required to sign a release form in order for you to legally run a credit check on them, but if you have a business partner or work with a property management team, then you'll have to be very careful on the wording of that before you simply hand that screening over to them.

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What legal situations as a landlord require you to hire a lawyer? - Landlord Station

1 week ago

You may come across certain legal situations as a landlord that require you to go to court. Some of these situations can be handled without a lawyer, but there are some in which you should never approach it without one. The key is to know when to hire legal counsel.

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What Landlords Should Know About Adverse Action Notices - Landlord Station

1 week ago

If everything goes well in your search for your next tenant, you'll have multiple applicants to choose from. You'll be able to pick the best fit for your rental, but you'll also need to turn down the ones that did not meet your criteria. Check out this article to make sure that you understand what you need to know about Adverse Action Notices, when you need to provide one, and what should be included in them.

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Explanation of New York Renters Rights - Landlord Station

1 week ago

New York City is known world wide and has a large rental market. If you are a landlord in New York, you'll need to make sure you stay on top of your local laws so that you don't handle a legal dispute between you and your tenant incorrectly.

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Where to Start: The First Steps You Should Take as a New Landlord - Landlord Station

1 week ago

Organization is key when you manage your own rental property. If you're just jumping into property management, make sure you have everything in order before you accept your first tenant.

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Spotting Drug Dealing and Manufacturing in Your Rental Properties - Landlord Station

1 week ago

As a landlord and property manager you'll want to make sure that there is no illegal activity inside your rental. Drug dealing could cause you a lot of trouble on the legal front, but drug manufacturing could put your real estate investment in a real bind.

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What Are Landlord Stigmas and How Do You Avoid Them in the Rental Business? - Landlord Station

1 week ago

You may find that some tenants have a bad opinion of landlords in general. They may have had a bad experience in their own lives or know someone that did and they're wary of finding themselves in that situation. Whatever the case, you'll want to make sure to dispel those fears by being the best landlord you can be.

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Top 7 Things That Could Make Your Real Estate Investment More Valuable That You Probably Didn't Know About - Landlord Station

1 week ago

If you are looking to purchase a new investment property in an area with a lot of competition, you'll need to get creative with what you're looking for. Check out these tips for value boosts that you may not have thought of:

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LandlordStation's Guide to DIY Property Maintenance - Landlord Station

1 week ago

Not every maintenance project is a DIY project for every landlord and/or property manager, but there may be more projects that you can take on that you thought. Check out this guide for tips on how to fix maintenance issues in all corners of your rental.

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Top 4 Things That Can Cost You Money in Real Estate Investments - Landlord Station

1 week ago

If you're making your first rental property purchase, you'll want to make sure that you don't jump in without doing your research and end up losing out big time. If you're new to the business it can be difficult to know exactly what you should be on the lookout for. After all, so much is learned through trial and error. Trial and error is expensive in real estate, though, so we've put together the some helpful hints on what you should watch out for before you purchase.

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How to Make Top Dollar on a Real Estate Investment - Landlord Station

1 week ago

When you choose to become a landlord and invest in real estate, you're making a long-term investment and you'll need to be prepared for what that means. Check out this article to make sure that you're bringing in the top dollar possible for your investment.

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Your Guide to Landlord Insurance - Landlord Station

1 week ago

You may think that homeowner's insurance will cover you in case something happens to your rental property, but you'll want to check and make sure that the kind of insurance that you have is actually geared towards rentals.

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Top 7 New Technology Solutions for Realtors - Landlord Station

1 week ago

In a fast-paced world, you have to stay on top of things to keep up. We've put together 7 awesome technological solutions to make your life as a realtor a little easier.

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Guide to Screening Tenants - Landlord Station

1 week ago

When you are looking for a new tenant for your rental property there are many things that you will need to do. One step you cannot skip is to perform a thorough tenant screening on any applicant serious about applying for that rental.

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How to Make Your Rental a Safe Place - Landlord Station

2 weeks ago

When you decide to invest in real estate you'll want to make sure that you protect that investment for both you and for your tenants.

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How to Best Approach Maintenance Issues in Your Rental - Landlord Station

2 weeks ago

Maintenance requests are a guarantee with any rental property at one point or another, so it's best to stay on top of those.

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Rent versus Mortgage - What Is the Safe Ratio? - Landlord Station

2 weeks ago

There are many different factors that will go into choosing the best rate to charge for rent before you accept a new tenant. Surrounding rentals and what they are charging for similar properties will be a major influence, but so will your own mortgage payments. You'll want to make sure that you choose the right rate.

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How to Pick a Past Due Rent Collection Agency - Landlord Station

2 weeks ago

Managing your own property can be time consuming, and if you spend time chasing down previous tenants to try to regain some of the money that they owe you, you may lose valuable time that should be spent on current tenants. A collection agency may help you in this task, but make sure to choose a reputable one.

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How The Legal System Helps When Tenants Skip Out On Rent - Landlord Station

2 weeks ago

When a tenant skips out on rent and leaves owing money, you may decide to file for a judgement against them to recoup some of the back rent.

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How to Handle a Tenant Skipping Town Without Paying Their Rent - Landlord Station

2 weeks ago

If a tenant cuts off communication and you drop by to find that they are not home, you may worry that they've abandoned the property, especially if they're behind on their rent. It does happen, but you'll want to make sure that you follow the correct procedures in this case to protect yourself legally.

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How to Set Your Tenants Up For Success - Landlord Station

2 weeks ago

A good landlord-tenant relationship can make your life as the landlord and property manager much easier. When both parties are happy and communicate well with each other, your business will run much more smoothly.

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The LandlordStation Guide to the Legal Do’s and Don’ts of Screening Tenants - Landlord Station

2 weeks ago

When you first jump into the rental business it can feel a little overwhelming. Even if you've done your research, there may be things that you don't think about that you need to look into. When it comes to tenant screening, we have you covered with this basic guide of the legal do's and don'ts.

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5 Reasons You Should Never Buy or Sell Without an Agent - Landlord Station

2 weeks ago

When you choose to buy a rental property as a real estate investment, you're putting a lot of money into that investment. You want to take every reasonable precaution to make sure that you don't make a major misstep.

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How to Fix Dripping Kitchen Faucet - Landlord Station

2 weeks ago

There are some maintenance issues that you will need to call a professional to fix, but a dripping kitchen sink may not need to be one of them. Check out these DIY tips:

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Landlord-Tenant Laws by State - Landlord Station

2 weeks ago

As a landlord and property manager you are responsible for keeping up with landlord-tenant laws both on a federal and local level. This can feel like an overwhelming task at times, but we've provided you a good place to start when it comes to state laws.

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Local Evictions - Landlord Station

2 weeks ago

There are federal laws that dictate how a landlord should go about an eviction, but there are also local laws that you will need to be aware of. If you miss a step in the eviction process, you may find yourself back at square one.

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