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So much has been said and written about Millennials and their renting priorities, while Generation Z is entering the rental market with heads held high. Obviously this topic cannot be left unaddressed, since 18- to 22-year-old Post-Millennials seem to be the perfect renters.
Being a landlord doesn’t mean sacrificing personal life for your renters. The key to success lies in balancing work and personal life, fostering harmony in both your internal mindset and relationships with tenants, which will ultimately lead to greater efficiency in managing rental properties.
The first things a tenant pays attention to when looking for the perfect apartment are cost, location, and availability. These are essential (hands down!), but what about the rental’s appearance? Do the interior and exterior matter?
As a landlord, you ensure your rental is safe and habitable. Once you collect rent you want to keep it. In many states tenants can be awarded free rent for claims against habitability. But what exactly does making a property “safe and habitable” entail? Read our eight-step guide to ensure you’re doing everything to make sure you are covered from any tenant claims.
As a landlord, you may have tenants who push policy boundaries. When tenants are pressing you to make an exception for them, it can be tempting to disregard a policy, but it is a slippery slope.
Running a property can be expensive – in both time and money. We wanted to know how landlords keep their costs down, so we reached out to experienced landlords across the country for their perspectives and received back some intriguing and thought-provoking responses.
Do you want to know why it’s important to learn how to balance a budget sooner rather than later and why insurance is a must? With modern technology, making a budget is easier than ever. Here we share four key tips that will help you get started.
It’s probably no surprise that security deposits can cause friction between landlords and prior tenants. No renter wants to lose that! On the other hand, landlords don’t want to keep deposits when it means they have to deal with the messy situations that merit a no-refund.
With few exceptions, landlords want to maximize profits from their rental properties, but what are the best ways to do this? We spoke with several experienced landlords from across the country about their top pieces of advice for increasing property income, and it’s intriguing to see what these experts focus on and how their pieces of advice overlap.
