John Nuzzolese: Posted on Wednesday, February 27, 2013 8:22 AM
Rent Payment Methods by John Nuzzolese Collecting the Rent: What Form of Payment Should You Accept?By John Nuzzolese In today’s changing times, technology plays a larger role in the way we do business. More options are available to us in banking, communication and in collecting the rent from tenants. Just as every property is unique, so is every landlord and his business. How landlords and property managers choose to collect rent varies greatly depending on experience and circumstances. |
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Ethan Lumsden : Posted on Friday, February 15, 2013 5:51 AM
Tips on Maintaining Rental Property When Investing
Maintaining rental property is incredibly important. Studies have revealed that the number one reason tenants renew their lease is because it continues to be maintained well! Tenants tend to terminate their leases when things are left to get worse or they were ignored. You are able to do yourself a huge good deed by being very attentive to complaints. Fix things yourself, or rent the work out! |
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Michael Monteiro: Posted on Friday, February 1, 2013 7:42 AM
I don't know about you, but I hate filling vacant units.
Maybe hate is a strong word, but searching for tenants, screening
tenants, and doing showings just to fill a single vacant unit is a major
pain. So what does an enterprising property manager like
yourself do? Get your current tenants to stay so you don't have vacant
units in the first place.
Why spend time and to repaint, clean, and advertise the unit when you already have solid
tenants that pay their rent on time? |
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Kaye_Dennan: Posted on Wednesday, January 16, 2013 7:28 AM
One very common complaint of property investors is the late payment of rents, whether the properties are under management or whether they are self-managed. In saying that, statistics show that self-managed properties tend to have more problems with late payments than those that are under contract for property management.Managing rental payments with a property investment is not very much different than controlling credit within a business. But inexperienced property investors do unfortunately tend to take the word of tenants and do not do quality tenant checks to ensure that they are taking on a good tenant. |
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James Kobzeff: Posted on Tuesday, January 15, 2013 1:32 PM
The idea of raising rental property rents is a sensitive issue with real estate owners and tenants alike. For tenants, of course, it's understandable--no tenant wants to pay more rent for a unit tomorrow they've been living in for less rent yesterday. For some property owners (at least for small property owners) the idea of having to increase rents on tenants they've become friendly with or the fear that a rent increase might generate unwanted vacancies is tough. The real estate investor, however, must keep in mind that owning rental property is a |
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Monica Kusley: Posted on Monday, January 14, 2013 7:53 PM
What's All the Rage About?Just as in other competitive industries, property management firms employ new technologies with the goal of saving money, increasing cash flow, and improving customer service. Forward-thinking property management firms have embraced electronic payment systems for security deposits and resident payments with great success. Initially considered only as a "resident convenience" property managers are now seeing the financialbenefits associated with e-payments. |
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Don Chambers: Posted on Saturday, January 12, 2013 8:37 PM
How To Reduce Your Headaches And Make Managing Rental Property Easier When first investing in rental properties, many consider being a
landlord the least desirable task. While it is true that being a
landlord is a time consuming task, there are some things that you can do
it make it easier. I have been doing this for several years and I have
learned a lot of lessons. This article will summarize my techniques
for reducing the hassle associate with being a landlord. Nowhere Number |
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Posted on Thursday, January 10, 2013 7:43 AM
Security Deposit Tip:When you rent out a property, you probably collect a security deposit to hold against potential damage done to the property, late rent, etc. Although the laws vary from state to state, in many cases if you must evict a tenant for non-payment that security deposit can be applied toward late rent. However, make sure that you have carefully reviewed your state regulations before you do so! In some states, you must notify the tenant using specific wording and documentation before you can keep that deposit or sue for additional damages and late rents. |
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Vijeta Bhatia : Posted on Wednesday, January 9, 2013 8:19 AM
The Process of Running an Eviction Check By [http://ezinearticles.com/?expert=Vijeta_Bhatia]Vijeta Bhatia One of the most important pieces of information which is available to landlords about their current or future tenants is information on whether or not they have been evicted before. Eviction is a very serious issue which could be cause for worry in many situations in which the landlord will be renting out to tenants. These cases could include several different causes for the eviction which makes them difficult to accept as a liability. |
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Posted on Tuesday, December 4, 2012 6:14 AM
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