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 […]
As with any other business cycle, property managers and owners experience the cycles of leasing. The need for rental properties can vary throughout the year even when all other factors (location, space, amenities,etc.) are ideal. So let’s jump right in and explore the cycles of leasing…. Different Rental Seasons Peak Rental Season – During peak […]
When you own a rental property, there is a lot of information that you will need to gather from prospective tenants. You might be tempted to overlook some things including their proof of income, especially if you have verified their place of employment and completed a credit check. Verifying their income is an essential part […]
Tenant placement services are available to reduce and eliminate worrisome problems that often come with renting property. There are numerous reasons why many property owners choose to use a service. Like most property owners you probably do not have the extra time to spend studying property management. You do not have to, with a tenant […]
As a landlord, one of your biggest concerns about your investment property is likely whether or not your tenants will pay their rent. On average, 9 million landlords manage their own rentals. To help ensure you’ll receive your payment, Real Property Management Midwest can offer you rent guarantee insurance. Many landlords are unaware that this […]
As a property manager, there aren’t many things that come with more liability than emergency maintenance. Being able to handle urgent maintenance issues fast and appropriately can make all the difference to your property owners. Emergency maintenance efficiency will save them money but if you miss an emergency, you can be held responsible for the […]