As your property investment portfolio grows in size, managing the security deposit of your tenants can get complex. We will be breaking down security deposits and how to manage them when you have multiple tenants. What is a security deposit? A security deposit is a one-off, refundable amount of money. The landlord would collect this […]
Following the impacts of the pandemic, freelancing and the gig economy are on the rise. A previous report by Upwork and the Freelancers Union estimated that there are now at least 57 million American freelancers. Despite this change over time, renting as a freelancer is still quite difficult. Many landlords still believe that as a […]
One of the initial steps when renting is a credit check. A credit check is carried out by the landlord to assess your financial background and patterns. Whilst having a bad credit score can negatively impact your renting experience, there are still many ways to combat this; renting with bad credit certainly isn’t impossible and […]
Tenants’ Rights – What You Should Know
Tenants’ rights are an important form of protection when renting. It pays to be well informed about your rights, so you can protect yourself when necessary. Tenants’ rights cover a range of things such as how you are able to use your space, the responsibilities of your landlord and the very basic factors that you’re […]
As a landlord, it’s in your best interest to ensure that your tenants find the rental payment process as easy and as seamless as possible. Having your rent collection on autopilot and having strict guidelines will work in your favour and will also ensure that your tenants take you more seriously as a landlord. Here […]
Being a victim of a burglary is a terrible experience and a scary situation for all those who are involved. Tenants will understandably be very shaken after this incident has taken place, which is why it is very important for landlords to take the proper steps to rectify the situation from a safety, financial and […]
Landlord Hacks You Should Know
We all love tips and advice that make our everyday lives easier right? Especially those who are at the very start of their landlord journey. We’ve put together a list of three landlord hacks that all you need to know, no matter where you are on your journey! Landlord Hacks #1: Go Digital One of […]
Investing in real estate comes with a lot of financial risk and responsibility, and while it’s one of the most popular tangible investments you can have, sometimes it’s worth assessing if it’s time to move on and sell. If you’re feeling unsure about selling your rental property, that’s normal! It’s a very big decision to […]
Nobody really wants to go through the process of evicting a tenant, as it can be a very inconvenient process. However, if it has gotten to the stage where it is necessary to evict your tenant, it’s vital that you do so in the correct way. All states require landlords to provide their tenants with […]
When you evict a tenant, it’s important that you adhere to strict legal requirements regarding written notice, as ignoring this could get you into trouble if your tenant decides to take the legal route and rightly so. Here’s all you need to know about writing and delivering an eviction notice letter. What is an eviction […]