When you’re screening applicants, there are certain questions to ask potential tenants and other areas that you should avoid completely. Fair housing laws are in place to protect people who fall into certain classes, and if you discriminate against people by asking inappropriate questions, you can find yourself in legal trouble. Today, we’re sharing five specific things you can ask a tenant. You should ask these questions of anyone who is applying to live in your property. (more…)
What happens if you have unauthorized tenants in your property? Sometimes, you’ll rent a property to a tenant and then find out several months later that he’s moved in some roommates or maybe other family members or parents. This is fine, as long as the unauthorized tenants get screened and approved to be on the lease. (more…)
As a real estate investor, owning a property can bring in a lot of income and provide excellent opportunities for great returns, but it can also come with a few big surprises. Today, we are talking about surprise rental property expenses and what you can do to ensure they don’t cause problems for your budget. (more…)
Paying close attention to your property’s maintenance needs will preserve its condition and protect its value. You’ll also keep your tenants happy because everything will continue to function the way it should. Preventative maintenance can save you money as well, by ensuring that small problems do not grow into expensive and more complicated problems.
When a tenant damages rental property, your response will depend on how you discovered the damage and at what point in the lease you find yourself. Today, we’re explaining what to do when a tenant damages a property. (more…)
Normal wear and tear describes things that happen every day in the normal course of living. Today, we’re sharing landlord tips about how to distinguish between these incidents of wear and tear and tenant damage, which is different. (more…)
The first thing you need to think about when you’re considering renovations is – how will these renovations affect your property, particularly when it comes to value? You want the amount of money that you’re putting into the home to raise the value of your property proportionately. (more…)
There are strict requirements in place when it comes to the security deposit and how landlords and Pleasanton property management companies must return it to their tenants. First, it’s very important to have a walk through with your tenant when they’re moving in and moving out. That way, you can establish the property condition when they moved in and the property condition when they moved out. It will help you determine what to charge them when you’re returning their security deposit. (more…)