Screening a tenant—whether they have submitted a housing application or are renewing their lease—a signed authorization is required. Consumer reports, which can include credit reports, eviction history, and criminal history, can only be accessed under this law for a “permissible purpose.”
The work of a building manager or landlord is never done, but certain times of year are more important for routine maintenance than others.
In January, 1-in-5 American renters were behind on their rent. As the pandemic has continued, unpaid rents are adding up — collectively over $70 Billion by one estimate. This poses real challenges for landlords.
Landlord insurance is like homeowner’s insurance in that it will protect you when wind, fire or another unavoidable act damages or destroys your rental. Many policies also cover the income that you would typically receive from your property while it is uninhabitable.
Most landlords realize that tenant screening is only part of the formula for success as a real estate investor. Knowing how to minimize the amount that has to be spent in taxes at the end of the fiscal year while still operating within the tax laws is equally as vital to your success as a landlord.
As a Property owner or manager, there is little more frustrating than a tenant who fails to pay rent as agreed. The situation is costly, time-consuming, and aggravating. Learn how to navigate non-payment issues with the credit bureaus.
What are the rules for how a security deposit can be used and how long does a landlord or property manager have to return a security deposit by law?
Are you unsure if an SSN is valid or do you think a tenant gave you a fake Social Security Number? Learn how to find out the state and date range the SSN was issued.
Download the Rental Income Spreadsheet Template to help you organize your rental income and expenses.
There are multiple ways landlords can choose to accept rent from their tenants. No matter how they prefer to accept payment, landlords need to protect themselves against fraud.
Learn more about how long a landlord should keep tenant documents on file.
We've created a few checklists that may be beneficial to you as a landlord or property manager in the instance a hurricane or storm is near.