7 Important Promises Landlords Can Make for 2010
Call them goals, call them promises--call them whatever you want! But jot these ideas down and refer to them often. Here are a few ways landlords and property managers can make 2010 a more successful year. 1. Don’t hesitate to start eviction proceedings when necessary. We’ve covered those situations before. It’s unpleasant and can be expensive, but [...]
Categories: 7 Promises Landlords Make, General, Goals for Landlords, Income Property Goals for 2010, Renting Property Management Tags: landlord, peace, property, tenant
Is the New American Dream House a Rental?
The latest statistics from the US housing market slide point to what may be a new reality—and a key to economic recovery. More Americans than ever are walking away from homes and mortgages they are upside-down in and replacing a monthly house payment with a monthly rent payment. The combination of mortgage balances that far exceed [...]
Categories: Default Mortgage, Housing Trends, Investment Property, Renting Property Management, US Economy, US Housing Market Tags: employment, free, landlord, national, property, rental, tenant
Tenant Screening Dos and Don’ts
Tenant screening involves conducting background checks on potential tenants. Typical checks include tenant credit check, criminal background check, and tenant rental history. Landlords and rental property managers also have the option to check previous addresses, identity and name validation, address validation, evictions, liens, bankruptcies, and sex offender status. Here are some dos and don’ts to consider [...]
Categories: Criminal Background Check, Investment Property, Landlord Credit Check, Renting Property Management, Screening and Background Checks, Tenant Background Checks, Tenant Credit Check, Tenant Credit Checks, tenant screening, Tenant Screening & Background Checks Tags: background, check, criminal, landlord, property, rental, tenant
Report Shows Confusing Housing Market
Zillow, the popular home-price website, also conducts surveys of homeowners, and occasionally publishes the results. Last month, their report showed that there is much confusion over pricing and home values. In the northeast, home values are rising more than their owners realize. Only 20% of homeowners believed their homes gained value over the past 12 months—but [...]
Categories: Housing Market, Housing Trends, Investment Property, Rental Property Investing, Renting Property Management Tags: employment, landlord, national, property, tenant