Dodging the Bad Tenant Bullet

When you are a landlord, figurative bullets can fly at you from many directions. Taxes, insurance, code enforcement, and repairs are all things we landlords have to deal with. One of the most painful bullets if it finds its target, however, is the bad tenant. Dodging bad tenants begins with your tenant screening process, but…

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Should Landlords Give Tenant Gifts at the Holidays?

Many landlords wrestle with the question of whether to give winter holiday gifts to tenants. From Hanukkah to Christmas to Kwanzaa, people celebrate the season by giving gifts. Does that mean you should? According to Steven Michael White of Rentprep, you need to go with your gut feeling on this one. There are several schools…

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5 Easy Holiday Decoration Tips for Renters

Help your renters feel festive this holiday season by sharing these tips on how to decorate for the holidays without violating the terms of their lease. Suction Solutions Putting lights around the perimeter of a window allows you to share a little illumination with the outside world. Instead of putting screw hooks in the frame around…

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Give Renters What They Want

The basic economics of any business involve a balance between supply and demand. As landlords, we spend much of our time thinking about supply. We constantly ask: Where should my properties be located? How many bedrooms and bathrooms should they have? What kind of flooring and lighting should I install? However, we less frequently address the demand…

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Making a Small Space More Desirable for Tenants

Capturing the tiny house trend will give your tenants more options when looking at a studio or small apartment.  These tiny dwellings will be more desirable if they are well organized and have extra usable storage space. From dual-purpose furniture to the clever use of tension rods, landlords can create plenty of room for tenants…

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How Often Can a Landlord Inspect a Rental Property?

Some tenants think that landlords only want to inspect a rental property so they can discover something, anything, in an effort to keep the security deposit. Most landlords aren’t looking for a way to get out of returning a security deposit when they inspect a rental property. They are merely keeping tabs on their investment.…

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Four Considerations When Buying Locks For Your Rental Property

Locks are a property’s first line of defense. They are a landlords, or property managers, way of assigning and revoking access. If someone moves out, they should not be able to get back into the property and when a new tenant arrives, they should have complete access to their new home. That requires having old…

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Why Your Busy Work Schedule May Actually Be Getting You Nowhere

There are multiple paths available to become successful. There are lists of characteristics of successful people, lists of daily tasks we should be trying to accomplish, and extensive lists of ways to be more productive. That’s a lot of stuff, especially for the newer real estate investor or entrepreneur. According to Gary Keller, the co-founder…

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