CategoryRental Property Management

Airbnb vs. Renting to Tenants: Which One Is Best?

RENTAL PROPERTIES CAN BE A GREAT INVESTMENT…IF YOU KNOW THE RIGHT STRATEGIES. In this article, we’ll take a closer look at Airbnb vs renting to long-term tenants to help you decide which one is right for you. If you have a spare house among your assets, you’ve probably given serious thought to the ways […] Read More

HOA vs. Property Management

Management companies can take a huge burden off your shoulders. What’s the difference between HOA management and property management? Whether it’s a household or a whole community, managing property requires a keen combination of responsibility, organization, and decision making. Hiring vendors, managing financial matters, coordinating routine and emergency maintenance, adhering to community rules…it all […] Read More

Can a Landlord Make a Tenant Pay For Repairs?

Is it really “your property, your rules”? Today, we’ll answer the question: “Can a landlord make a tenant pay for repairs?” If you’re a landlord for the 35% of United States citizens who rent their residences, you may be asking yourself: can I make a tenant pay for repairs? The short answer is, maybe. […] Read More

How To Handle Occupants Not On the Lease

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

15 Clauses To Add To a Basic Rental Agreement

That online template might not be enough. Here are 15 things to add to that basic rental agreement to make sure you’re prepared. If you’re like most, you became a landlord for the passive income—not for the contracts. Yet having a solid lease agreement is one of the most important parts of owning a […] Read More

Landlord Insurance Policies You Should Consider

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

How To Write a Rent Increase Letter

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

How to Make Passive Income (Easily!) with Real Estate

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

When Is Personal Property Considered Abandoned?

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

How to Handle Late Rent

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

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