• Collecting A Security Deposit: What's Legal And What ...
    In: Latest News
    Collecting a Security Deposit: What's Legal and What Isn't

    You should always get a security deposit before you turn over the apartment keys to a new tenant. That's just being a responsible landlord, and it protects your interests if the tenant damages something. But how much can you realistically ask for? Are there times when a bigger deposit is legal? There's really no blanket answer to that question, because each state can set its own rules. Here are some things to look for when you're considering how much of a security deposit to require, so you don't end up on the wrong side of the law. Always base your security deposit on the laws of your state. If your state's landlord-tenant laws say you can collect an amount up to 1.5 times the amount of...Read more >

  • Top 10 Property Crime Ranking
    In: Latest News

    The Federal Bureau of Investigation (FBI) divides property crime in the United States into burglary, larceny-theft, motor vehicle theft and arson. The most recent FBI...

  • Spring Landscaping Ideas That Pay Off
    In: Remodel and Repair

    The season for spring landscaping is here, and it's time to look at what you can do to increase the appeal of your home’s exterior. It’s important to make...

  • 'tiny' Condos Are Selling For A Premium
    In: Latest News

    Don't judge a condo by its size. That's the lesson some home shoppers are getting this spring, where some of the tiniest residences are fetching multimillion-dollar...

  • 6 Reasons More Baby Boomers Are Renting
    In: Latest News

    When many people hear the word "renter," they picture some young, fresh-out-of-college millennial or even someone a little older who still prefers flexibility over...

  • 6 Reasons Nice Guys Make Broke Landlords
    In: Landlord Quick Tips
    6 Reasons Nice Guys Make Broke Landlords

    Successful property management takes more work than simply buying a house or condo and sticking a "For Rent" sign in the front. Being a landlord takes many skills, from handyman, to ambassador, to collection agent. Unfortunately, would-be landlords often make mistakes that cost them big time in both headaches and cash. Lots of these mistakes stem from operating their business as a nice guy. Now, that doesn't mean landlords should forgo being cordial and helpful to their tenants. Property management best practices dictate there are boundaries that property managers need to recognize and respect. Crossing these lines can result in renters taking advantage of the situation. Here are six...Read more >

  • Vacation Homes See Record Sales, But Don't Join ...
    In: Real Estate Investing

    Imagine owning a cozy second home at the foot of the Rocky Mountains in scenic Estes Park, Colo. Elk saunter through your backyard and you enjoy fishing and snowshoeing...

  • Is Your Property Prepared For A Tornado?
    In: Landlord Quick Tips

    Spring hardly came in like a lion as far as tornadoes go. Until damaging twisters hit Oklahoma and Arkansas in late March, one of the historically heaviest months for...

  • Tenant Screening 101: More Than Just An Application ...
    In: Tenant Screening

    Even if you have a detailed application your prospective tenants have to fill out, there's going to be a lot you don't know about them. That's why you also want to run a...

  • Tips For Being A Good Landlord
    In: Landlord Quick Tips

    Being a good landlord means more than just being a nice person or even being fair. Whether you are just starting out or have been a landlord for a period of time, laws...