COVID-19 has made industries change their way of working and property management is no exception. Nowadays creating a video walkthrough is essential. In this time of social distancing, video walkthroughs can be a safe way of showcasing your property without putting potential tenants and yourself at risk. So if you don’t already do video walkthroughs…

Nowadays most people own a pet, whether it is a cat, a dog, or any other sort of animal. According to 2019-2020, National Pet Owners Survey conducted by the American Pet Products Association (APPA) 85 million families of U.S households own a pet. Allowing pets will help you remain competitive in the market and give…

If your old tenant just moved out or you just bought a new house and decided to rent out your old one, then it is the perfect time to do some property renovations. You have to see renovations as adding value to your investment. Renovations will help you keep your investment in great shape, get…

Today we are going to talk about the 1031 Exchanges. We are going to help you determine what it is, and help you decide if you should use it for your real estate investment strategy. The 1031 exchange can be a powerful tool.    What is capital gains tax?  Capital assets are investments such as…

When the end of the lease is near, you have a decision to make, renewing the lease agreement, or finding another tenant. If you have bad tenants, there is nothing to consider, don’t renew the lease. On the other hand, if you have tenants that pay rent on time, take care of the property, and…

Tenant turnover is inevitable with rental property investing so having an efficient process for handling this is essential.  Being prepared will save you time and money. Today we are going to talk about how to prepare your rental for tenant turnover.    What is a turnover?  When your tenants move out of your rental property,…

“Arg!  My tenant keeps calling me for repair requests!  What can I do to spend less time and aggravation on these items?”   Have you ever felt that you spend too much of your energy handling tenant issues regarding maintenance? Maintenance is a huge part of property management, and also gives owners the biggest headaches.…

Learn how to avoid a lawsuit Being a landlord is not as easy as it seems. As a landlord, you are full of legal responsibilities. You need to be aware of all the federal laws, state laws, and local laws, and more importantly, you must not only know your legal obligation but really understand them…

“Yikes, my tenant is smoking inside his rental unit!  What can I do about it?” Some laws regulate smoking in shared areas, but what about rental properties? Smokers are not protected under the Fair Housing Act or any federal law. This means that as a landlord you have the right to prohibit smoking in your property.…

As owners of rental property, we all dread the unexpected call from a tenant requesting to break the lease. What is your plan if this happens? As a landlord, sometimes you will find yourself in a situation where your tenant wants to move out before the lease ends.  It is important that you know how…