Renter Management, Property Management
What you need to know to better manage your tenants and your properties for maximum ROI
How do I improve my returns? With better renter management.
Managing renters is a lot harder than it looks.
That goes doubly for lower-end neighborhoods, too. Renters and landlords often clash, because renters want the most money invested in their property, and the lowest possible rent. Landlords, of course, want the opposite.
How can landlords raise the rent without losing tenants? What about property upgrades with the highest ROI? Are there cheap ways to boost property values and rents?
We’ve got you covered.
We know that property management is part art, part science, and part samurai skill set. Here are some articles to get you started, provide some tips and ideas, and generally make your life as a property manager easier.
“Required Reading” – Start Here First!
Tenants can be extremely difficult to manage. And properties? It often feels like something breaks every time someone sneezes. Learning how to manage renters and properties is a skill set in its own right, so we’ll help you get their faster. After all, better property management means better ROI!
Full Library of Passive Income & Personal Finance Articles:
What Are Squatters Rights? State-by-State Guide to Squatters Rights
“Possession is nine-tenths of the law.” The concept that the person who is control of an asset is its rightful owner allowed Floyd Hatfield to retain ownership of a pig claimed to have been the property of Randle McCoy. The court ruling is said to be a major factor in...
The Landlord’s Guide to Renter’s Insurance: How It Protects Landlords
Renter’s insurance may not be a top priority for your tenants who don’t want to take on another expense – but it should be for you. With all of the uncertainty that the pandemic has brought to rental property owners, it’s more important now than ever to screen tenants...
How Long Does Each Part of Your Rental Property Last? (Infographic)
Ever had a tenant fly into a rage because their refrigerator went out, ruining all of their food? Landlords know what a big deal it is when things break at their properties. Sometimes it’s something small like a window AC unit, but sometimes it’s something major like...
12 Tactics for Better Tenant Retention, Fewer Turnovers & Max ROI
Turnovers are ROI killers. There’s the lost income, during the vacancy. You also have to pay the mortgage, and pay to keep the utilities on. Most residential units need to be repainted. Tack on another several thousand dollars. Do you need new carpets? Often...
Late Fees for Rent: What Landlords Can Charge in Each State
What can landlords legally charge as late fees for rent? It depends on your state’s landlord-tenant laws, and in some cases your local city regulations. Many states don’t explicitly limit the amount that landlords can charge, but require that it be “reasonable.” Talk...
Proof of Residence Letter Sample: How to Write an Affidavit of Residence
The proof of residence letter, also called the proof of residency letter or the affidavit of residence, is probably the least stressful letter a landlord can write. In fact, this letter is a piece of cake. You, as a landlord, don’t need to vouch for your tenant in a...
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