COVID-19 has changed everything for landlords and property managers. With unpaid rent and unprecedented unemployment rates, the property management industry as well as landlords are particularly affected. That’s because renters either can’t or choose not to pay their rent amid layoffs due to COVID-19. As...
Tenant negligence is a big deal in a lot of repair issues. Especially water damage. This happens when a tenant does not report a water leak right away. The consequences of which can be devastating depending on how extensive the damage is. In fact, the...
Painting a rental property is often a matter of preference rather than necessity. That is, unless you had some particularly destructive tenants, painting is not required every time a tenant moves out. But the visual appeal of your rental property can keep your tenants happy...
Defining normal wear and tear is an important part of the tenant move-out process. Especially if the question of damage arises. If and when it does, the move-in checklist will serve as evidence if there is a security deposit dispute when the tenant is moving...
Knowing how to screen tenants properly is key to mitigating potential risk. In fact, not only does it help you avoid renting to an at-risk renter, it can also potentially save you thousands in lost revenue due to tenant property damage. But, for many landlords,...
Wondering how to get your property rented faster? One of the best ways to rent your property quickly, is to create a well-written rental listing. But this will not help if your rental property is not appealing. If you are having trouble renting out your...
Renting out a house for extra income is a great idea. In fact, anyone who can afford to rent out their house while moving into another one should do so. However, just because one can afford to do it, does not mean one should. That’s...
From keeping your business up and running to ensuring your tenants safety during the Coronavirus, we offer some property management tips for landlords during COVID-19. Since the pandemic has taken root in California, it continues to affect all facets of life for property managers, owners,...
Whether being a rental property owner is your full-time job or simply a part-time investment, good tenant management is fundamentally important. Good tenants are the lifeblood of a profitable property management business, while bad tenants can give you nothing but headaches. From paying rent late...
Being a landlord isn’t so much about managing properties as it is about managing people. So, learning the basics of managing a rental property before you become one is essential. This property management 101 article can help you gain some valuable insight on managing a rental property. But keep in mind, your...
