Buying Your First Rental Property

This post is not intended to replace an in depth book, it’s quick reference to give you some of the most important tips. The very first property for any landlord, should be a 3 bedroom/2 bathroom single-family home. They are the most desirable properties for renting, buying, and selling in most markets and the easiest to finance. Note: […]

Continue reading

Who’s Responsible for Bed Bugs?

Bed bug infestations are something no landlord or tenant ever wants to have to deal with. They bite, their tiny, and their tough to completely exterminate – thriving on blood, bed bugs can live up to a year without feeding. Signs of Bed Bugs Shared/used mattresses or furniture are a common culprit Blood stains on […]

Continue reading

Charging a Pet Deposit

If you allow tenants to have pets in order to broaden your applicant pool, you need to keep in mind the need to protect yourself from the possibility of additional damage that could be caused by the pets. Some states allow for a specific pet deposit that is separate from – and in addition to […]

Continue reading

Is Income or Credit More Important?

Income verification (as well as employment verification) is not a very reliable tool when screening a tenant for the very reason that jobs are changed frequently and it doesn’t matter how much a person earns. An example of this can be clearly seen in the auto financing industry. Even though employment data is collected at […]

Continue reading

How to Evict a Tenant

Before you can have a tenant removed from a rental property, you have to start by giving proper notice. Without it, you can’t begin the court process required to end tenancy. Each state has its own requirements which may or may not include the right for the tenant to cure (correct) his or her violation and stay the […]

Continue reading
tenant-dealing-drugs

Is Your Tenant a Drug Dealer?

A tenant who uses drugs or deals drugs can be a significant liability to your investment property, neighboring tenants, and community. Based on actual law enforcement tips, learn the warning signs of tenant drug dealers, crack houses, and manufacturers (meth labs) occupying your rental property. Tenants who do drugs and commit crimes can be a […]

Continue reading
Tenant Screening Tips

Tenant Screening Important Steps

Before you sign a lease and hand over the keys to your rental property, watch this video for essential steps every landlord should follow when screening a tenant. A tenant background check with credit reports, criminal records and an eviction search is only has reliable as the information you obtain from the applicant. It’s far […]

Continue reading