The Fair Credit Reporting Act – Guide for Landlords

The following article is from the Federal Trade Commission’s  guidance on Using Consumer Reports: What Landlords Need to Know. Landlords and property managers are legally allowed to review a rental applicant’s consumer reports and run a background check to determine if he or she will be a qualified tenant. Housing providers will use a variety…

Top 10 Landlord-Tenant Laws to Remember

Laws pertaining to rental housing are established to protect both parties of the landlord-tenant relationship.  Knowledge of and compliance with federal, state and local regulations is crucial for both landlords and tenants.  Rental property owners want to run a profitable business and protect their investment.  Tenants want to live peacefully in a rental home and…

Landlord Insurance vs. Homeowners Insurance

Insurance policies designed specifically for landlords provide added protection for financial loss and obligations associated with your rental properties. While some landlords assume they can rely on their standard homeowners insurance to cover their rental units, homeowners coverage it usually not sufficient to protect an investment property. Landlord vs. Homeowners Insurance – What’s The Difference? Homeowners…

The Beginning of the End of America as We Knew It

Down the rabbit hole we go. Congress used to work together to solve the big problems but the two party system has failed us. And today, the Republican party is tearing itself apart by the seams. Congress is dysfunctional because it is full of politicians. Other reasons include: An Entrenched Two Party System Lack of…

Hurricane Safety for Landlords and Renters

Current updates about Florida’s Hurricane Mathew is an important reminder that hurricane season is upon us.  Property managers and landlords in hurricane zones have the added responsibility of ensuring the safety of their tenants and properties. While it is not necessarily a landlord’s job to hold their renters’ hands through every scary situation, ensuring that…

Top Tenant Complaints and How to Handle Them

In the property management world a thriving tenant-landlord relationship can mean the difference between success and stress when it comes to managing your rental properties. That’s not to say success and stress are mutually exclusive in this industry, but a positive relationship with your tenants means higher tenant retention, less vacancies, more rental income and greater…

5 Reasons Your Rental Property Is Still Vacant

Despite a historically low rental vacancy rate across the country, there are some properties that sit vacant for too long. Vacancy is murder to the profitability of an investment property, so every landlord, investor, and property manager needs to prioritize getting a property rented.  Even one month of vacancy can put your investment in the…

How to Have a Stress Free Moving Day

A signed leased means your new renters passed your tenant screening criteria but even the best tenants can forget to pay attention to certain property rules and lease terms in the midst of moving day excitement. Even if they did pay attention during the lease signing process, putting together “welcome to the property” paperwork that…

Do Your Tenants Have Long-Term Guests?

To protect yourself and your property, every adult living at your rental unit should sign a lease agreement to hold them legally responsible for rent payments and conditions of the lease.  Most standard leases stipulate that tenants are accountable for any guests’ behavior and are responsible for enforcing the property’s rules and regulations. But what…