Worried landlords are asking, “How do we keep the rental cash flow coming in? My tenant’s lease expires in a few months and I don’t have the cash to spare for the mortgage payments if they leave. What to do?” The answer lies in the timeless story of true love. Much like a tearful Val [...]
Today I reviewed over eighty tenant debt accounts and noted that the average balance due is significantly higher than a year ago. With the exception of the most expensive areas (such as California, New York City, and the northeast), the average amount of tenant debt is normally between $2500 and $3000. I separated all accounts [...]
If you are a landlord, you most definitely know how important it is to screen your potential applicants that are wanting to live in your properties. This decision is not a small one as it can greatly impact your experience over the life of the lease and may potentially leave you in a tough situation [...]
When you rent out your house to a tenant, care should be taken to follow certain steps. These steps are indispensable to protect your rental unit and the income coming from them. Adequate attention need to be given when you are renting out a furnished house. Remember that your expensive curtains, paintings, cots and other [...]
Sooner or later, most property owners will have to to face the reality of giving one of their tenants an eviction notice. Whether it’s because of nonpayment of rent, destruction of their apartment or just a violation of the renter’s residential lease agreement, things aren’t working out and the renter doesn’t want want to go [...]
Landlords know the importance of renting to mature, stable tenants. The investment property being rented out is only worth money if the tenants occupying it are going to actually pay their rent. Did you know that you can successfully screen these people before you let them rent your properties? The process is easy and simple [...]
The average billboard ground lease is 20 years. Since you only have one shot every 20 years to negotiate your ground lease, it is imperative that you do a good job at it. And it’s not something you are going to learn from experience – you will only do it about three times in your [...]
