Did you know there is more to the average tenant than just their financial status? We love screening tenants. We have to; we have hundreds of properties in our portfolio and there’s rarely less than 25 on the market at once. We get hundreds of applications, and we screen them all. Of course we use […]
Accepting partial rent payments can mess up your plans in a big way. Don’t do it unless you know exactly what it means! One of the most common situations inexperienced or just overloaded landlords find themselves loathing is discovering that something innocent or even kindhearted they’ve done for a tenant ends up putting them on […]
Property Managers aren’t perfect, and sometimes we fail hard enough to deserve getting fired. But ditching your PM has ramifications, and you should know what you’re doing when you make the call. There’s almost too much advice on the Internet about how to hire the ‘right’ property manager — but almost none on how to […]
Where do you de-stress? On some tropical island? In the cast of a play? At the disco? Wherever you de-stress, we’ll help you get there. If you’re a DIY landlord — someone with a handful of properties and little support to help you stay on top of them — chances are your life is full […]
Some of these ideas might be counterintuitive, but they’ll make a huge difference in the way you feel about your rental home. The human mind is a fascinatingly complicated thing that pulls a lot of tricks on itself. One of the more commonplace is to unconsciously treat something you’re borrowing — or renting — as […]
You can’t be profitable if your cash is flowing in the wrong direction. We came across a study recently that pointed out a startling statistic: 82% of failed businesses fail for the same reason — poor cash flow management. What does that mean? Basically, it means that businesses fail because, despite having a good product […]
If a home’s lack of curb appeal crushes an applicant’s hopes, is ‘curb stomped’ the appropriate term? The best way to get a tenant into a rental home is to set the home up to rent itself. (That, and have a good ad writer to make sure the applicants see the house the same way […]
Water — it’s vital to life…unfortunately, that life happens to include fungus and mold that we really would rather not live with. No one ever wants to experience water damage within the home, but the fact is it happens. It’s crucial to know what to do when water damage occurs to minimize structural damage and […]
Why lose a tenant and cost yourself a bunch of time and money just because you’re not at the top of your game one day? There’s no better way to lose a tenant than to hit them with bad news in a bad way. Never has a lease been broken faster than when a cranky […]
Nevermind coming out of the closet — some are too small to get into in the first place! The house is almost perfect. There’s a dishwasher and a garbage disposal, one of your neighbors is a church and the other is a city park, and there’s one more room than you thought you’d need. […]