When you are hearing complex terminology and acronyms tossed around for the first It is important you understand and have a solid working knowledge of the lingo. The following gives you some real estate concepts and definitions related to buying, owning, and renting residential investment property…. Buying Property Terms Appraisal An appraisal is required to […]
Landlords have traditionally looked at their prospective tenant’s credit score to help them determine the level of risk before signing a lease. At the time, it helps to understand the financial story of an applicant. But, just considering this one factor is a practice that has led to far too many bad deals for landlords. […]
Jacob Coutts was happy on how prompt and responsive we were with him as we placed him into property we manage in the North Linden area of Columbus, Ohio. Full Review… “Kacy was exceptionally helpful and responsive in getting my home set up! The most responsive and professional rental company I’ve dealt with in Columbus.” […]
Bed bugs can make their way into all sorts of places in your rental—your cushions, pillows, bedding, appliances, and even wallpaper. Simply put, bed bugs are gross. But tenants shouldn’t feel ashamed about bed bugs—these pests are a problem nearly everywhere in the United States, and having a bed bug infestation does not necessarily mean […]
Owning rental property comes with several benefits. Majority of your expenses are tax deductible as owning a rental is viewed as the same as owning a more conventional business. Tax season is only beginning, as a landlord, you should be knowledgeable of the many tax deductions you are eligible to receive. Curious about how current […]
Security cameras are one piece of equipment that you can use to protect your investment. As a property manager, you have many responsibilities. One of them being the anxiety of not knowing how your tenants are treating the property. When it comes to security cameras for rental properties there are a number of legal issues […]
There are many perks when it comes to renting to elderly tenants. It is rare that you will have to deal with them making the same mistakes as young tenants and if they are recipients of pension beneficiaries or are drawing social security, they will have a steady source of income. However, elderly tenants come […]
As a landlord, it is important that you protect yourself from bad tenants. Background checks are an essential part of tenant screening as they give you intel on the tenants past. If you get several applicants, tenant screening can help you determine who you should choose to rent your property. How to Thoroughly Screen Your […]
The Fair Housing Act makes it illegal to refuse to rent based on an applicant’s race, color, national origin, religion, sex, family status, or disability. In addition, many states have laws that include other statuses, such as sexual orientation and marital status. The key to avoiding Fair Housing Act issues is to have a clear […]
Periodically renovating your rental property has many benefits such as making your unit more attractive to potential renters, keep it aligned with market value, and preventing a much larger renovation project later down the road when you want o sell the property. There are trends you will want to avoid. The kitchen and bathroom are […]