Certain costs are to be expected when a rental unit turns over. But when your costs exceed your profits, your biggest asset can turn into your biggest liability. The security deposit is intended to protect against the costs of damages from a departing tenant, but what happens when the costs exceed the deposit amount? When there is damage, the keys are proving that the damage exceeds normal wear and tear, and showing that it is… Read More »

The application process can be tricky. As the landlord, you are trying to get as much useful information as you can, while the applicant may have other concerns. You may be dealing with applicants who are local or from out of state. In today’s world, there is no reason to be juggling a mix of email, text, and paper copies. The application process can be streamlined for everyone involved by taking advantage of an online… Read More »

A lease document always spells out some key terms about your rental arrangement. The address of the property, names of the parties, and dates of occupancy are obvious information to include. But there is so much more that your lease can do for you. The agreement may seem unneeded when times are great, but it is there to cover you when issues arise. That is when you need your document to reflect every detail that… Read More »