Landlord Quick Tips

From beachfront condos to landlocked subdivisions, flood zones are everywhere. In fact, almost 41 million Americans live in flood zones, according to a study published in the journal Environmental Research Letter. Just a couple months into the official start of hurricane season, which runs from June 1 to November 30, many people in storm-prone areas…

By Christy Matte You’ve got contractors showing up at one property in half an hour, tenants locked out of another across town, and complaints of a suspicious person lurking outside the door of a third. This could be a landlord’s worst nightmare, or it could be just another day at the office. But with smart…

Landlords and tenants don’t always have good relationships. In fact, sometimes what is told about some landlord and tenant relationships is downright awful. But it doesn’t have to be that way. There is a lot that can be done to foster better relationships between the two. We asked members of Forbes Real Estate Council for their best ideas on improving landlord-tenant relationships….

Are you ready to be a landlord? Here are eight things you need to think through before you find your first tenants. By: Daniel Caughill Thanks to HGTV and the allure of passive income, many people dream of investing in rental properties. Of course, becoming a landlord can be a great way to build your…

It’s no secret that communication is the key to any successful relationship, whether it’s with family members, a partner you’re romantically involved with or colleagues at work. Open and direct communication between tenants and property managers is no different. Establishing a strong foundation of communication is important from the start, even when someone is still…

One of the biggest risks related to owning investment properties is dealing with an eviction. If a tenant doesn’t pay rent, the simple answer is to evict him. To a seasoned investor, however, it’s never that simple. Actually evicting a tenant is an extremely complicated and expensive process, and one that should always be avoided….

While it may seem that every new apartment building tries to stand out by offering more and better amenities than competitors, renters often find a mismatch between their priorities and the features on offer. The prime example: An estimated 53 percent of renters want an in-unit washing machine but only 13 percent of units have…

Rental property expenses are irritating to most investors. Ideally, our income exceeds our expenses. Sometimes, expenses can sneak up on us though. Most rental property expenses are fixed expenses. Property Management, taxes, insurance, etc. are all expenses that are locked into our businesses. Wouldn’t it be great if you could cut your expenses down each…

The art of negotiation can help you build your business dramatically. You can save yourself hundreds, if not thousands of dollars by negotiating every thing you do as you build your passive income business. Negotiating anything can be both an art and a science. Just about anything in life can be negotiated. It all depends…

 “I didn’t know” is not an acceptable defense if you face a discrimination charge, so the Grace Hill training tip of the week focuses on assistance animals and rules for them in your apartments. By Ellen Clark An accommodation for an assistance animal that would otherwise be prohibited in an apartment complex is a common request property managers…