No investor wants to hear that there is a possible or definite lawsuit to defend. Although there are situations where you cannot avoid legal actions, most of the time, property owners can by being proactive. Here are sev...
Pests can be a problem any time during the year and are a common occurrence in the property management industry. If you check the dictionary, there are varying definitions for pests - here are three common ones.An insect...
Carbon monoxide is another area of risk management that has been creating new laws in many states. Currently, at least twenty-five (25) states have legislation on carbon monoxide detectors requirements. Please note that ...
It is important to understand what a rental emergency is. Depending on whose perspective it is - owner, tenant, vendor, or property manager - it can mean different things when it happens.The definition found on Wikipedia...
Water is a necessary element to support life and when it concerns rental property, water usage must be available to tenants. Water can be a force in itself, such as from a serious flood or hurricane. Left unchecked in a ...
It is natural to want to obtain the highest rent possible when your property is vacant. A long vacancy can cause frustration, anxiety, and anger. However, holding out for more money can be more costly than you think.&nbs...
If you enter the words “normal wear and tear in rental housing” into a search function in the computer, you will be amazed to find hundreds of articles or references on this subject. Many of them are tenants ...
An application is processed; the tenants sign the lease, and they move in. Sometime during the tenancy, another resident appears to be living in the property. This is a clear violation if the rental agreement states the ...
Property owners face a tricky situation when they want to sell a property but still maintain rental income. No one likes losing rent, but keeping a tenant in the property while the property is for sale requires careful c...
Many people feel that once a tenant is residing in the property all that is required is to “collect the check.” As property managers, we often hear this comment, but know this statement is far from reality. T...
