Renters Insurance, like Landlord Insurance, will usually have a deductible, but the coverage is different because it is intended to focus on the tenant with…
Learn how much time a landlord or tenant must provide to terminate a month-to-month lease (also known as a tenancy-at-will when there is no written…
At some point during your time as a landlord, you may encounter a tenant that is either a nuisance, kind of creepy or maybe you…
Conducting business with a handshake is a great approach in theory, but not in practice. Not only is the United States a very litigious country,…
Everyone who owns rental property strives for a successful experience, but too often that success is mistakenly defined solely as the bottom line. Making sound…
Having the right rental application is a very important first step when screening a tenant. It ensures you not only obtain the necessary information, but…
When warranted, every landlord would like to report a negative payment status or a troubling experience with regard to a recent tenant. However, contrary to…
Determining whether or not a prospective tenant has a history of criminal behavior is obviously important. This is not just to protect landlords and their…
What is a rental application fee?: It is a fee paid by a prospective tenant at the time he or she formally applies to rent…
Due to escalating move in costs for rental property over the past several years, some landlords are accepting surety bonds in lieu of a security…
Eviction records are essentially just civil court cases filed by landlords against tenants to regain possession of a rental property because they violated the terms…
Landlords will often withhold a portion of a tenant’s security deposit for cleaning and repairs. However, any costs attributed to normal wear and tear are…
One of Many: As with any business, there are going to be mistakes. But there’s one mistake in particular that landlords (especially those that are…
Limitless: Unless your rental property is in one of a few rent controlled areas, there is no limit as to how much you may charge.…
So your tenants are moving out next month… Although many would agree it’s much easier to wait for the unit to be vacant, most states…
Screen Your Tenants: This is the most important step when managing rental property. A good tenant can make your landlord experience a dream come true,…
The IRS allows Landlords to deduct the original cost of rental property from their taxable income by depreciating it over 27.5 years. However, the land…
The IRS allows landlords to borrow money for their rental property business and then deduct any interest that may be charged by the lender as…
Individual owners of residential rental property often pay more in taxes than what’s required of them. Fortunately, rental property offers more tax saving benefits than…
Unfortunately, there are many reasons a landlord can be dragged into a civil (or even bankruptcy) court, so here are some suggestions that may help…
Landlords are permitted to access their investment property while its occupied by a tenant as long as it’s under certain conditions and notification requirements. Watch…
Individual landlords don’t always realize their rental property income is basically its own small business. In order to manage the business, it has to operate…
As a landlord, you don’t want to overlook the rental property tax deductions that can help make a profit or minimize a loss. The IRS…
Most of time, it’s up to landlords to decide (under the law) how they wish to handle early terminations initiated by tenants, but there are…
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…