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…

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…

Safety Checklist For Rental Properties

Rental property owners and managers are responsible for providing safe and healthy conditions for their tenants.  Rental property safety includes keeping tenants safe from physical harm from insecure or damaged structures, reducing the threat of criminal intruders that could harm or threaten your tenants, and providing a property that does not negatively affect a tenant’s…

New Rental Laws for Connecticut Effective for 2017

Connecticut has recently introduced new legislation regarding rental housing law in an attempt to regulate landlord behavior and protect renters, according to JD Supra. Rental laws involving security deposits, foreclosed leasehold interests, substitute housing, and the disposition of deceased tenant’s belongs have been signed by the governor and will become law October 1, 2017. New…