No property owner ever gets into real estate wanting to go through the eviction process, but sometimes it is the best way to solve a problem and protect your investment property. Learn when evicting a tenant might be your best option and how to evict a tenant legally. When to Evict a Tenant You must have a legitimate reason…
If you’ve been a property manager or landlord for years, you may have come across tenants who simply did not work in your apartment, yet they would not move out. In this unsatisfactory situation, apartment building owners or managers are faced with waiting until the lease ends or initiating an eviction if renters overstayed the…
Much like the homebuying process, renting an apartment is no longer restricted to scanning the newspaper for printed listings or driving around searching for signs. These days, rental websites and mobile apps like Zillow, Apartments.com and HotPads bring the options directly to apartment hunters. Your time online doesn’t necessarily stop there, though. Renting is increasingly…
If you’re a landlord, you need to have forms available for most situations you will encounter renting to tenants. Whether you are renting to new tenants, dealing with troublesome old tenants, or handling day-to-day tasks, you’ll find you’ll be reaching for the following forms again and again. Let’s look at some of them. Application to…
Being a landlord may feel like the culmination of a dream, but it can quickly become a nightmare if you end up with bad tenants who know how to work the system. Fortunately, one of the ways you can protect yourself is through a strong rental agreement where everything is enforceable. Too many landlords simply…
As a landlord, you’re expected to use forms to rent your property, to notify your tenants if they’re late on rent, and to proceed on eviction notices. But how good are these forms? Will they hold up in the court of law? Does it make sense to pay a lawyer for the same forms that…
Forms set the foundation for apartment managers to stand on when possible problems arise, and they often do. Forward thinking apartment owners’ prepare and provide effective tools that their members, and their staff need to do their jobs. These forms protect renters as well. Having gone over rules and policies with rental managers, applicants learn…
Using tenant screening and landlord forms helps apartment managers do their jobs more easily. Once a tenant has signed the agreement, they are illustrating that they know what they can and cannot do. Forms set the foundation for the apartment management team to stand on when possible problems arise, and they often do. A forward…
One constant that landlords and property managers face is change. Landlord tenant laws evolve over time, and your leasing policies need to keep pace with these changes. Here are two important examples: 1. Pets. Many “standard” lease agreements include provisions concerning pets. Limits on size, breed, number are common examples. These same standard provisions carve…
Of all the easy landlord forms you use in your rental business, a move in checklist just may be the most economical. This simple landlord form, if used effectively, does what matters most — saves you money. Here are 3 ways you will save: 1. A move in report reveals any repairs that need to…