Uncategorized

Although evicting a Tenant is typically a last resort, it can become unavoidable in specific scenarios. According to a recent survey, 10% of rental agreements end in a Tenant eviction.

The ability for Landlords to report Tenant rent payments to credit bureaus is relatively new. But it is one that is making waves across the country as Landlords seek to attract Tenants with histories of timely payments and avoiding those who have long lines of late payments, delinquencies, and even evictions in their past.

Tenant screening is often one of the least enjoyable aspects of managing a property. Yet, having a robust Tenant screening process is critical to minimizing risk and identifying the best fit for your rental. As part of that process, credit checks provide the essential resource of data needed to assess Tenant reliability and start the Tenant-Landlord relationship off on the right foot.

When my husband and I owned a property management business, we’d frequently get calls from new landlords in crisis.

A credit report summarizes how promptly an individual pays their bills. Credit reporting agencies assign a credit score ranging from 300 to 850 based on bill payment habits and other factors in handling credit responsibly.

One of the most crucial elements towards building a good Landlord-Tenant relationship is the clear understanding of maintenance responsibilities. Even the most well-kept rental properties will need maintenance and repairs at one time or another.

Landlords filling vacancies sometimes wonder where they can find a “Bad Tenant List.” This is also known as a Tenant blacklist or a “do-not-rent-to” list.

Landlords are often busy people. The list of things a Landlord is responsible for includes but is not limited to, collecting rent, maintaining the property, and communicating with Tenants.

As a Landlord, finding good Tenants is essential to the success of your rental property business. If you don’t take the time to screen Tenants properly, you could end up with late or missed rent payments, property damage, or even eviction proceedings.

Most Landlords and Housing Providers use standard lease agreements for their properties. These leases can be dictated by local laws, but often include similar provisions.