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The Importance of Understanding Your Own Lease 5 Aug 2013 | 02:20 pm
Where do you obtain your leases and other legal documents? Many landlords and property managers download them from the Internet, which is fine—but it’s always best to have a lawyer who is versed in la...
Are Your Prospective Tenants Checking You Out? 25 Jul 2013 | 01:30 pm
Smart landlords and property managers do a very thorough job of screening tenant applicants. They check references and work places, former landlords and addresses. And of course, they have a backgroun...
How to Tell When Lease Applicants Lie—or Hide the Truth 18 Jul 2013 | 05:12 pm
Out of any 10 lease applications, how many contain lies, omissions or truth-stretching? Unfortunately, many will. That’s why landlords and property managers can’t assume every applicant fills out an a...
A Zero Tolerance Drug Policy 18 Jul 2013 | 07:49 am
In Washington and Colorado, voters decided last year that marijuana should no longer be illegal for recreational use. Both states are hammering out rules, regulations and policies to cover this new fr...
A Landlord’s Glossary 12 Jul 2013 | 04:08 pm
Here’s a handy list of terms landlords should be familiar with. Abandonment: When a tenant defaults in the payment of rent and indicates by words or actions that they have vacated the premise. Ameri...
Landlord Basics: Hiring a Property Manager 11 Jul 2013 | 02:06 pm
At some time, most landlords consider whether or not to hire a property manager. Perhaps your rental properties have expanded beyond what you can effectively manage; perhaps you purchased property in ...
Why Check a Tenant’s Employment and Rental History? 3 Jul 2013 | 01:57 pm
We all know the importance of tenant screening. It provides benefits to you as well as to your other tenants, including: Peace of mind Safety Quality tenants Fewer evictions While a tenant credit...
When Should Landlords Negotiate on Rent? 28 Jun 2013 | 11:53 am
In many areas of the country, rental vacancies are very low; some are at all-time lows. But that’s not the case in every market. If you’re a landlord or property manager with no available units for le...
Where Should Real Estate Investors Buy Rental Properties? 25 Jun 2013 | 03:15 pm
Ask a landlord in San Francisco or New York City how they feel about running their business in their city, and you might hear a long list of complaints. Rent control, tenants’ unions and plenty of reg...
Finding Your Niche in Rental Housing 21 Jun 2013 | 03:42 pm
In business, they say you can’t be all things to all people. It’s the same in the landlord business. Just as your neighborhood hair salon, coffee shop and drycleaner have to figure out who their best-...
