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Keeping your rental property in good condition is a year-round effort. Cleaning, painting, and mowing the lawn are tasks that need to be done regularly. You might have to perform seasonal maintenance tasks such as insulating the hot water pipes or checking the roof, gutters, and downspouts for damage or debris after storms. Plus, emergency maintenance can be necessary at any point. To effectively make use of your time and resources, it’s essential to know what constitutes a maintenance emergency and what can wait for another day. For instance…

As a landlord, you may face a tenant who fails to pay rent on time. It's an unfortunate reality that not all tenants will be responsible with their finances, and sometimes, you may find yourself in a situation where the security deposit isn't enough to cover the unpaid rent. This can be a frustrating and stressful experience for any landlord, but it's important to know that you do have options. In this article, we'll explore what to do if the deposit doesn't cover unpaid rent, including legal steps you can take and alternative solutions that c…

While many landlords prefer to find long-term tenants, month-to-month leases are a great option for property owners looking to rent their property without a long-term commitment. If you’re a landlord considering a short-term lease, it’s important to be well-informed before deciding whether you’ll be renting out your home on a month-to-month basis. Luckily, we’re here to help! This article will outline the pros and cons of short-term leases so you can decide if a month-to-month lease is the right fit for you. What Is a Month-to-Month Lease? A m…

It’s every landlord’s dream to land great tenants. Great tenants are respectful, care for their rented premises, abide by all rental policies, and pay rent on time. However, great tenants aren’t something you stumble upon. They come by design! In this blog, you’ll learn 7 tips on how you can find great tenants for your rental property. Get to Know Your Target Renter Know who your target tenant demographic is for your rentals. Is it students, families, or professionals, for instance? Knowing this will help you craft a rental ad that speaks dire…

There are several reasons why you could choose to become a long-distance landlord. Maybe you have to move for work, you can decide to lease your current house instead of selling it. Or perhaps you found a fabulous new investment venture in another city and choose to be closer to it. Whatever the circumstance, being a long-distance landlord is doable. That said, there are some tips that you’ll need to know in order to find success. You can deal with your investment properties from a distance to expand your portfolio by utilizing the strategies l…