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:
How to Deal with Bad Contractors
Working with contractors ranks among the hardest parts of real estate investing. However, as a real estate investor, unless you have a property manager, working with contractors unavoidably comes with the job whether you are building a property, remodeling or making...
What Are Squatters Rights? State-by-State Guide to Squatters Rights
“Possession is nine-tenths of the law.” Adverse possession of property – squatters' rights – is commonly accepted in countries around the world. “Homesteading” – a legal form of squatting – was prevalent in the early and mid-1800s in the United States and formally...
When Can Landlords Break a Lease Agreement?
In most cases, landlords cannot break a lease agreement mid-term. For that matter, tenants aren’t allowed to do so either, even if they often get away with it. It’s hard to chase down tenants and actually collect money for early move-out. Here’s what landlords need...
Can Landlords Charge Tenants to Replace the Carpets?
Carpets don't stay pristine forever. Often landlords have to replace them between every single tenancy. But should landlords always pay for replacing ruined carpets? Can they ever charge tenants to replace them? Here’s what landlords need to know about carpets,...
Should I Hire a Property Manager? Pros, Cons & Costs
“At what point should I hire a property manager?” Sooner or later, most real estate investors question whether to hire property management to make their rental income truly passive. I did, and I decided that for me professional management was almost as important as...
Should Landlords Accept Partial Rent Payments?
Nearly every landlord has heard it before: “I can give you $500 now — I swear I’ll have the rest to you by Friday!” Ah, partial rent payments, how I loathe thee. They lay a sticky trap for many a landlord. While most landlords are fundamentally nice people who want...
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