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Home · Articles posted by Sienna Beckner (Page 77)

Tip #73: Know Your Limits When considering how much to charge a tenant for a security deposit, landlords should keep in mind that while a number of states do not regulate the amount of tenant security deposits, more than half of the states do limit the amount a landlord can charge. So before you negotiate…


by Nathan Miller I was reading a property management advertisement the other day from a property management company trying to earn my business and on their information sheet they say “less than 1% of our leases end up in court”. 1%?!!?!? So as many as 1 in 100 leases end up in court. They were…


Landlord Believed Property Was Lead-Free Following a case two months ago where a Massachusetts landlord was fined $84,600, the EPA’s New England division has just fined another area landord $83,575 for similar lead paint disclosure violations The Springfield, Massachusetts apartment complex owner and landlord faces the penalty for charges that he violated federal lead paint…


With a population of just around 30,000, the  little town of Hazleton, Pennsylvania is getting more than its share of attention today. An appellate court just issued a sweeping decision striking down as unconstitutional the city’s law that would have punished landlords who rented to anyone the city designated as an illegal alien with as much as…


Imagine having a cup of coffee every morning with a nationwide expert on marketing residential rentals, or having lunch twice a week with a professional who can show you how to determine the optimum amount of rent.


Tip #72: The Mini Blind Dilemma – Clean or Replace? by James Safonov Sadly this is a recurring issue with rental property – should fully functional but very dirty mini blinds be cleaned after a tenant vacates or just replaced? I have several cleaning vendors who nearly all say the same thing: “We will clean…


Tip #71: Pay it Forward by Thomas F. Scanlon, CPA, CFP The first half of the year is in the books. It’s time to take a look at your withholding and estimated tax payments. Why is this important? To avoid any potential penalty for underpayment of estimated taxes. How do you calculate this? Taxpayers with…


The EPA’s new Renovation, Repair and Painting rules are already in effect. DIY landlords working on pre-1978 buildings must sign up for certification classes by September 30. Failure to meet new certification and training standards could result in significant fines up to $37,500 per violation.


All the Perks of Home Staging Without the Heavy Lifting You’ve heard of home staging – dressing up a vacant rental property with furnishings that give it that “Home Sweet Home” feel. Now, there’s virtual staging, digitally enhancing the property photos rather than actually placing the furnishings in the unit. Click a button to add…


Rent it Right by Janet Portman, Inman News Q: We’re looking for a place to rent in a tight rental market, and have filled out several rental applications. Each of them asks for a credit-check fee, from $25 to $35, which covers the cost to order a credit report. We have our own copies of…

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