Legal

• February 1, 2011 / 0 Comments

  Tenant relations: when you should definitely evict.

  This year promises to be a great time to evict. The number of renters is climbing and the number of available units is declining. Now is the time to get the big bad tenant broom and sweep out the tenants who are making your property an unpleasant place to live for their neighbors. Everyone knows […]

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• February 1, 2011 / 0 Comments

  Eight Common Misconceptions About Evictions

  Many landlords believe lots of things about the eviction process that in most cities and states are simply not true. What follow are eight common misconceptions. 1. Common Misconception: A landlord can have police throw a tenant out or arrest him, if he or she doesn’t pay the rent or get out when the landlord […]

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• December 1, 2010 / 0 Comments

  Don’t fall for these tenant traps

  One of the most common complaints landlords have about tenants (after failure to pay rent on time or at all) is what they do after they move in.  Some of these are things you can’t quite catch them at. I am going to put the broken record back on the turntable now (you remember those, […]

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• November 1, 2010 / 0 Comments

  The 1099 That Ate Landlords

  Hire a plumber and pay him over $600 in a year and you’d better tell the IRS about it, or else. How about that yard service that takes care of your properties’ grounds? Chances are, if you have more than a couple of properties, you pay them more than $600 in a year. You’d better […]

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• November 1, 2010 / 0 Comments

  Landlord tips: Make scheduling stress-free

  The average person uses 13 different ways to manage their time. They may have a work calendar, a personal calendar, the kid’s soccer schedule on the refrigerator, a wall calendar at the office, the appointments card for the dentist in the visor of the car, sticky notes on the computer screen, things in their head, […]

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• October 1, 2010 / 0 Comments

  Landlords: could you be sued for on-site dog bites?

  Is a landlord responsible if a tenant’s dog bites someone? An Indiana court said no. But wait until you see the reasons for the ruling. The Garrrises rented a piece of property from landlord Stewart. As is the case with most leases, the tenants were given full control over the property with the landlord having […]

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• October 1, 2010 / 0 Comments

  Landlord Tips: Using Collection Agencies

  Send the following information to a collection agency for any tenant debt you want them to handle: 1. The rental application of the tenants and co-tenants 2. The tenant screening report, if you have one 3. The rental or lease agreement 4. Move-in/move-out inspection report 5. Move-out correspondence, showing final billing totals and application of […]

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• October 1, 2010 / 0 Comments

  The Lease that Kills (Your Business)

  I found a free lease on the internet. All I had to do was download it and print it off. Then I won’t ever have to pay for a lease form again! Wow! I didn’t even have to search hard for the lease. I believe it was the first one I came across. This lease […]

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• September 1, 2010 / 0 Comments

  Should you invest in yard care? How much to pay, and what kind of services to use.

  Tenants, Yard Work and Your Profits Many landlords of single-family properties and small multi-family properties expect their tenants to keep the yard neat and well groomed. Often those expectations end up being sad disappointments. For example, look at the question I got from another landlord recently. “I have two good tenants on each side of […]

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• April 15, 2010 / 0 Comments

  Why Your Property is at Risk When Contractors Do Not Have Insurance

  Many people, landlords included, believe that if any accidents occur while a contractor is working on their property that they are not responsible. Not so. Require two kinds of insurance of any contractor you hire to work on your property, Workers Compensation and General Liability. Workers Compensation Most states require employers to have worker’s compensation […]

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