Top 7 Problems When Renting Out Individual Rooms
Often landlords are looking for ways to maximize the rental income from their investment properties. One common practice, especially in college towns, is to rent out individual rooms to single adults. The hope, is that the accumulation of individual rents would add up to more income than what you would get when renting out […]
5 Ways You Might be Violating Fair Housing Laws and Not Know It
You are a good person and treat everyone fairly. Therefore, you don’t need to worry about breaking Federal Fair Housing laws. Right?? Maybe, but you will be surprised how a decision or policy can unintentionally affect a protected group of people in a negative way. As a rental property owner, consider the following: Federal Fair […]
How to Send a Tenant to Collections
As a property owner, you did everything right. You checked credit, background, landlord references, and income; so why did the tenant end-up being terrible? Proper screening and avoiding the top red flags we’ve shared in previous videos, will drastically improve your odds of getting a great tenant. However, when working with people there is never […]
Top 6 Common Mistakes Landlords Make When Handling a Tenant’s Security Deposit
In this video you will learn the top 6 common mistakes landlords make when handling a tenant’s security deposit. You can find yourself in a lot of trouble if the deposit isn’t properly used so make sure you catch each one of these tips. Collect the right amount for a deposit. A security deposit is […]