Do you want to avoid costly mistakes when screening your prospective tenants? Read on to discover the secret I recently uncovered while doing a special study to find the best source of tenant information. The AOA Study It all started when we decided to retest and make certain that we were still using the best…
DetailsI thought I had checked everything with this prospective tenant. He had a good report from his previous landlord. He had worked at the same company for five years. His credit was fine. And he seemed like a responsible person. But he would turn out to be the worst tenant I ever had. He drank…
DetailsThe Big Show You’ll want to remember to mark your calendars for the big “Million Dollar Trade Show and Landlording Conference” next month. The big show will be held on Thursday, April 25th at the Long Beach Convention Center in Hall C, 300 East Ocean! You’ll meet vendors galore with new products and services; you…
DetailsDid you know appointments are FOUR TIMES more likely to lease than your regular walk-in traffic? Each time you get a lead via fax or e-mail is another great opportunity for you to get a lease and make more money! Make sure the first impression your prospects get of your community is the best one. …
DetailsRental application forgery is an all-too-common -but often unpublicized—problem in the multifamily housing industry. At a recent Apartment Managers Crime Prevention workshop, property managers and members of the Atlanta Police Department Major Frauds department compiled a list of tips and techniques to detect and hopefully prevent
Question One: I have a tenant who has vacated his unit with six months left on his lease. Even though he vacated, he is continuing to pay the rent. I know I have an obligation to find a new tenant. Am I allowed to advertise the unit for a higher rental amount? At this point,…
DetailsWhat is it that gets good prospective residents to stop their cars and look at a rental property? Most often, it is seeing something that would make them proud to make it their home. They don’t want to be ashamed of where they live; rather they want to be proud to have their friends
Dan’s Note: The following article is adapted from an interview by Hugh Hewitt for the Hugh Hewitt Radio Show conducted on the day after the election November 7th, 2012. It could just as easily apply to rent control, inspections, evictions and
Thinking I would start with a definition of hoarding, I went the Merriam-Webster dictionary – “to collect and hide a large amount of valuable items.” Obviously, Merriam-Webster never owned rental housing. Undaunted in my search, I went to Wikipedia and found what I was looking for. Hoarding, also know as pathological collecting, is a pattern…
DetailsIf you rented a parking space to a non-occupant of your building, you have six months to take advantage of the Parking Tax Amnesty Program. The amnesty period is from January 1 through June 30, 2013. We have published a number of articles about this legislation, and it is now the law