By Patricia A. Harris Having a written criteria list for your rental applicants is pertinent in your rental business and serves several purposes. By attaching a copy of your rental criteria to each blank application form, you are informing your applicant of a list of conditions that must be met for them to be
DetailsThe beauty of real estate investing is that it is in your control. You decide what to buy, where, at what price. Then, you rent to tenants of your choosing – ones who are good neighbors and caretakers of their homes. You pay all the expenses from the rent you receive,
Recently, I learned four different friends are doing something that will save each of them tens of thousands – or even hundreds of thousands of dollars each year. They’re moving. And they’re not the only ones. Many of the smartest guys I know are moving this year. They’re not just thinking about moving; they’re not…
DetailsThe main difference between joint tenancy and tenancy in common is that joint tenancy creates an automatic right of survivorship. This means that when a joint tenant dies, the other joint tenant or tenants inherit the deceased’s share in the property. It’s a popular way to hold title. Married couples and family members often
As a successful investor you may have already given thought to hiring a property manager take care of your investments. This article will give you some tips and tools that you can use to help make a successful decision. Property managers exist for the management of all
DetailsAs of the end of 2012, the United States has experienced the worst five-year period of economic growth since 1928-1932 and the start of the Great Depression. Following the global financial crisis and recession in 2008, and based on the historical pattern of American economic recovery since the Depression years, the United States should have…
DetailsHundreds of tenants who are unable to pay their rent are jailed each year underArkansas’ draconian ‘failure-to-vacate’ law. According to “Pay the Rent or Face Arrest: Abusive Impacts of Arkansas’ Criminal Evictions Law,” a new 44-page report from Human Rights Watch (HRW), hundreds of tenants face criminal charges each year for not
DetailsOne thing that landlords usually all end up saying at some point is that they will never again pick up rents from their residents. For some it takes a little longer than others before they realize who is training who. If you are looking for alternative methods
Our “Million Dollar” Trade Show and Landlording Conference last month was a huge success! You should have been there! Our members were more educated, motivated and stimulated by some very knowledgeable speakers who
The practice of imposing late fees for their tenant’s failure to timely pay rent raises many issues for landlords. Unfortunately, these issues continue to cause many problems for landlords desiring to enforce late fee provisions contained in their rental agreements. While it’s pretty clear that a landlord can impose
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