Security Deposits: Some General Guidelines
Where are landlords required to place security deposit funds in FDIC-insured institutions? Are you allowed to earn interest on your tenant’s security deposit, or must you turn interest over to the tenant at the end of the lease? How long are you legally allowed to hold the deposit after your tenant moves out? Every state has [...]
Categories: Landlord and Tenant FAQs, Landlord Tenant Issues, Landlord Tenant Lawsuits, Real Estate Investment Property, Rental Property Management, Security Deposit Guidelines, Tenant Security Deposit Tags: background, check, landlord, property, rental, tenant
Do You Charge Tenant Application Fees?
If one of your New Year’s Resolutions is to increase your cash flow, one way to do so is through application fees. Landlords and property managers use these fees to recover their expenses for background screening, credit checks, and the time it takes to vet a potential tenant. If you’re really lucky and have several applicants [...]
Categories: Landlord and Tenant FAQs, Real Estate Investment Property, Rental Property Management, Rents and Deposits, Screening and Background Checks, Tenant Application Fees Tags: background, best, check, complete, landlord, property, rental, tenant
What Do Tenants Want?
Higher rental inventories and overbuilding, plus foreclosed homes and job losses combined to create one tough rental market in 2009—and it’s predicted to continue through 2010. So what will make your rental property stand out from the rest? With tenants in the driver’s seat, asking for lower rents and other amenities, what can landlords and property [...]
Categories: Amenities to Attract Quality Tenants, Amenities to Attract Quality TenantsRental Property Management, General, Housing Trends, Landlord Tips, Marketing for Landlords, Real Estate Investment Property, Rental Property Management, What Tenants Want Tags: background, landlord, property, rental, tenant
End of Year Safety Tips
As we close the books on 2009, here are some tips to keep your rental properties in good condition and your tenants safe: While it’s not cold everywhere in the winter, frozen pipes are not unknown to even Florida landlords. So if you know freezing temperatures are in store, check your pipes! Call your tenants and [...]
Categories: Apartment Fires, Landlord Tips, Real Estate Investment Property, Rental Property Management, Rental Property Safety, Space Heater Dangers Tags: check, free, landlord, peace, property, rental, safety, tenant
Real Estate Investment Property: Where to Buy
Some real estate investors are always looking for the next hot market for rentals. Others prefer to keep their purchases of investment property close to home—so they can better manage their properties. Still others are sitting this market out—waiting for home values and rents to stabilize before even thinking about buying additional properties. Here are a [...]
Categories: Buying Rental Property, Housing Trends, Landlord Tips, Real Estate Investment Property, Real Estate Market U.S., Rental Property Management, Where to Buy Income Property Tags: background, company, employment, landlord, property, rental, tenant