Are they a guest or a tenant? Here’s how to handle occupants not on the lease. On the face of it (and even in the Florida Statutes), the definition of “tenant” seems pretty straightforward: Tenant: “[A]ny person entitled to occupy a dwelling unit under a rental agreement.” But as we all know, legal issues […] Read More
Sooner or later, every landlord needs it. Here’s the ins and outs of landlord insurance (and why you need it). As a landlord, you know that your rental properties are exposed to a wide range of risks, from average wear and tear to flat-out vandalism. How do you protect this valuable asset? The answer: […] Read More
No tenant enjoys a rent increase. Learn the basics of how to write a rent increase letter (without alienating your tenants). If you’ve owned rental property for more than a couple of years, you already know that raising the rent is just part of being a landlord. Your tenants, on the other hand, might […] Read More
Doesn’t everyone want to make money in their pj’s? Learn how to make passive income with real estate (it’s not as hard as you think). When people think about making money through real estate, two things typically come to mind: house flipping and becoming a landlord. As anyone who has ever bought a fixer […] Read More
Your tenants have left…but their stuff is still around. When is personal property considered abandoned…and what should you do about it? When tenants move out of a rental property, it’s generally expected that they will take their belongings with them. But as any long-time landlord can tell you, this isn’t always the case. But […] Read More
It’s hard to turn a profit with no income. Understand what you can do about late rent payments. It’s no secret that rental properties can be a great source of passive income…that is, as long as there is income. Late rent payments are the bane of every landlord’s existence. They cut into your profits, […] Read More
Love them or hate them, about 40 million American households live under an HOA. But what is an HOA and what does it do? You might know them as “the mysterious entity that takes your HOA dues” or even “the people that yelled at you for not weeding your flower beds” but there’s a […] Read More
The right tenants can make or break your experience as a landlord. Here are 8 tips on how to find good tenants. Your landlord experience is only as good as your worst tenant. And we’ve all heard stories of bad tenants who are late on the rent, start feuds with the neighbors, and “accidentally” […] Read More
Is your investment property in a “college town”? Here’s how to make renting to college students less of a headache. If you’re thinking about buying a rental property in a college town (or you already have), you’ll have to consider the pros and cons of renting to college students if you want to get […] Read More
There are lots of pros and cons to allowing animals in your rental properties. Here’s how to decide if renting to pet owners is right for you. As more and more Millennials (those between the ages of 24-39) are opting out of parenthood, pets are more popular than ever. And all it takes is […] Read More