Landlord Tips: 8 State Sanitary Codes Landlords Need To Know For Managing Rental Properties

The biggest mistake a landlord makes in owning rental properties is not treating their rental properties as a business. Obviously there are pillars of performance that need to be adhered to to find and keep happy residents, such as: tenant screening, knowing your numbers and strategy for the building, and keeping up with maintenance and repairs. Probably the most overlooked aspect of being a landlord are the building codes and state sanitary codes that clearly outline the specific performance expectations of your rental units. In this blog post we will look at some of the most common and potentially riskiest areas where most landlords fail. The results can land you in[…]

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Landlord Strategy: Quick Staging Tips For Rentals On the Fly

I recently had the opportunity to attend a local REIA meeting where the presenter was a professional staging company. A staging company will come into your renovated flip or rehab project and add furniture and design elements to help the buyer “see” the potential of the space. This has a huge impact on the buyers to help them imagine themselves living in that new home. It helps them figure out where the furniture will go, which wall the bed would be on, how they will make the dining spaces work, and even visualize a potential office space in a nook or larger hallway. The results shared were that these staged[…]

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Landlord Strategy: Top 30 People on Your Power Team to Leverage Your Time

Start building your power team before you need them.  Think about the people you will need to run a successful Real Estate business and their roles on your power team. These are the people who you can leverage their time and experience to help build your business faster. The best part is that most of these team members do not require payment until after you have completed a deal. They will be paid from the profits. I am sure you could think of even more, but this is definitely off to a good start. I would suggest printing out this sheet or copying it into a data spreadsheet. Then one-by-one,[…]

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Renter Tips: Landing Your Dream Apartment: We would love to hear feedback from you

Here are my “Top 10 Tips to get the apartment of your dreams”. We have been property managers for scores of landlords and property owners since 2001. From years of showing apartments and screening hundreds of prospects and rental candidates, I can tell you from first-hand experience these little details that I’ll share with you will go a long way winning over a landlord to want you to rent their apartment from them. We would truly hope that you have found these blog posts useful to assist you finding your dream apartment. We would love to be able to help you further to assist you finding your dream apartment when[…]

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Back to Basics: Top 20 Tenant Screening Tips for Landlords!

Landlords are just like everybody else. The latest and greatest bright and shiny object distracts us all from time to time. We are always looking for that new thing out there that will make our rental business run more efficiently. We are constantly looking at new software, revising our leases and rental agreements, and trying to change little things that can make a big difference in the final outcome of our bottom line. The constant pursuit of a better way of doing business can help in the long run. But the single most effective way to make such a dramatic impact on our rental business is to have better renters[…]

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Renter Tip: Follow-up with the Landlord with a friendly note after the showing

It is always a good idea to end the showing on a positive note. So after you have filled out the application, given the copies of pay stubs, your photo ID and credit report if you have it, to the landlord. Then it’s a great idea so follow-up with a little note or text message about an hour or two after the showing. The daily details of managing properties may distract most landlords. A little reminder or thank you that you just met will do well to get you noticed. It doesn’t need to be much at all. Start off by thanking them for your time to show you the[…]

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Tip For Renters: Know your numbers before you call the landlord

I am always surprised at how many times when someone calls me about an apartment I have for rent, that they have no idea how much their monthly income is. It is vitally important for a landlord as the decision maker to be able to know that information as quickly as possible. Being prepared with the answer for “how much money do you make a month”, shows the landlord that you have done your homework, you know how much you probably can afford. You can also help the landlord analyze easily whether or not you will qualify for the apartment. Let me walk you through a brief example on how[…]

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