Tag: tenant
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Avoiding Rental Scams Online
Speak to a Live Person In today’s digital world, finding rental properties online has become a convenient way for many people to secure housing. But while the ease of browsing listings from your couch is appealing, it also opens the door to scammers looking to take advantage of hopeful renters. One of the most critical…
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Collecting Rent Amid a Pandemic
As the Coronavirus continues to create chaos for all of us, landlords are doing their part to work with their tenants while both struggle with economic hardship and financial uncertainty. During these times we need to continue communicating with one another to find reasonable solutions while understanding that the health, safety and the welfare of…
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Property Owners and Tax Time
The key to saving money on your tax return is to take advantage of the many deductions offered to full-time rental property owners. Your property is considered a full-time rental if you allocate fewer than 15 days for personal use. Some of the most basic deductions that landlords could easily overlook are costs related to…
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DIY Upgrades That Make Your Property Feel Like a Luxury Rental
Renovations can be expensive, especially when you want to turn your property into a luxury rental to attract higher-paying tenants. While materials and furniture can be expensive, the prices really start to climb when you bring a professional into the mix. Luckily for your budget, that isn’t always necessary. Instead, try these DIY upgrades, all…
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10 Great Reasons to Have A Property Manager
When you hire a professional property management company, you save time, money, and lots of hassles. They can handle all aspects of your properties daily operations, legal aspects, and transactions, ensuring efficient management. There are many things you should know about such a service. 1. They screen the tenants Every property owner wants to ensure…
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Recent Analysis Shows Many Big-City Renters that Earn Enough to Buy, Prefer Convenience of Renting
SEATTLE, WA – Across the country’s largest rental markets, almost 14 percent of on-market renters have strong credit scores, relatively high incomes and could afford to buy the median home in their market. As the homeownership rate has declined over the past decade, a broader socio-economic swath of Americans are renting than at any time in…
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Skills All Property Managers Need
The best property managers know how to apply a broad skillset to the unique situations they encounter. They move with ease into situations that require strong communication, negotiation, customer service, and organizational skills. Property managers also have the ability to manage more tangible property-related concerns, such as maintenance and repair issues. Here are five essential…
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10 Best Tips for Documenting Posessions for Renters Insurance
Renters have a lot of stuff, but they seem to not know exactly how much for insurance purposes. The National Association of Insurance Commissioners notes that 59 percent of consumers have not made a list or inventory of their prized possessions and valuables. Of those who have done their preliminary paperwork, 48 percent have no…
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New Fair Housing Guidelines
HUD Releases Guidance on Fair Housing and Criminal Screening in Private Housing The U.S. Department of Housing and Urban Development (HUD) issued new guidance on April 4, 2016, on the use of criminal conviction records by housing providers in screening applicants. The guidance advises housing providers that blanket policies of refusing to rent to or…
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