Pricing a rental property is a very important decision that can greatly impact the rental owner's earnings over the course of a lease. But, pricing the property – choosing the initial list price and making price changes based on interest from renters – can be stressful for many owners because there’s a fair amount of the mix of science and art involved. In this article, we'll illustrate the three most common strategies we see owners utilize along with their pros and cons.
Hello, DIY landlords! In the challenging world of managing rental properties, tenant screening is a critical task that deserves your full attention and due diligence. Not screening well enough or not screening in a fair housing compliant way is a common and costly mistake made by too many landlords.
Security deposits can be one of the most anxiety-inducing parts of renting a property—for both landlords and tenants. Landlords want to protect their investments and ensure they have enough money on hand to make necessary repairs and replacements, and tenants don’t want to unnecessarily lose their money.
Need to send a notice of non-renewal of lease to a tenant? It’s not always a comfortable conversation, but sometimes it needs to be done. Whether you’re doing renovations, planning to sell the property, or need to evict a tenant, a notice of non-renewal of lease provides the much-needed update and information tenants need before they move out.
You’ve been living in your property and decided to move somewhere else. Congrats!