Screening Tenants
Recently I have been very disappointed by Realtors and how they deal with their clients. As a Landlord I will always have a need to know certain things about someone applying to rent my property. In this day and age of a rotten Real Estate market most of the applicants are from Short Sale and or Foreclosure situations. I get a lot of the same story over and over again. So for you Realtors hoping to get a commission for just calling a listed rental wake up and do your homework. I want to know why someone’s credit is bad if it turns out to be. I want reasons it was bad here are a couple...
read moreClear Out Your Home With Self Storage
You are standing in your living room after a long, hard day of work. Maybe you did not get that big promotion that you were looking for, and now you simply want to rest. Maybe you have been exceptionally busy at work, and you are simply looking to come home to a nice, clean, quiet sanctuary. Well, reader, you are going to find that a dirty home simply cannot offer you the peace of mind that you are looking for, here. You are going to find that household clutter becomes psychological clutter if you let things get out of hand. Fortunately, in these, our modern times, there are plenty...
read moreProtected: Damage vs Normal Wear and Tear
Damages vs. Normal Wear and Tear Damages are actual things in the home that you or your guests actually break – such as a window or a hole in the wall. One common method of calculating the deduction for replacement prorates the total cost of replacement so that the tenant pays only for the remaining useful life of the item that the tenant has damaged or destroyed. For example, suppose a tenant has damaged beyond repair an 8 year old carpet that had a life expectancy of ten years, and that a replacement carpet of similar quality would cost $1,000. The landlord could properly charge only...
read moreLandlord Responsibilities
Landlord responsibilities or Landlord rights are more or less the same for every state. In general, the landlord has a RIGHT to receive rent on time according to the terms of the rental agreement. The Landlord is RESPONSIBLE for providing a safe and habitable rental unit for the tenant. While most landlords and tenants take pride in their home, there could often be disagreements between landlord and tenant. Therefore every state has Landlord Tenant Laws and usually Landlord Tenant Courts to protect both tenant and landlord. A landlord has to collect rent in a timely manner to meet their...
read moreTenant Resposabilities
As a Tenant, you do have responsibilities. The biggest responsibility of the tenant is to abide by the terms of the lease agreement. The number one issue landlords face is rent collection. The tenant must pay their rent on time. If you need RENTAL ASSISTANCE or already receive rental assistance, then Read about Housing Vouchers and other programs including Section 8. Tenant Responsibilities Checklist. As a landlord, I can tell you other then paying your rent on time, please take care of the unit you are renting – keep it clean, don’t leave garbage around the exterior and respect...
read moreRealtors and Sec 8
Working with Realtors offers a lot of opportunities and a new set of challenges. I have dealt with a lot of Realtors and most of them handle a sale of a property way more professional than they do a rental situation. I get calls all the time from Realtors that don’t know a thing about their client that they bring to a landlord. They ask a simple question “does your client take section 8?” I usually respond with a simple “it depends.” A good Realtor will have a very thorough conversation with me at this point as to their clients situation. Many Realtors are...
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