I’ve never understood why landlords go to their tenants’ residences to collect rent. The responses I get vary from “I won’t be the first to get paid if I don’t go” to “My tenants always claim their checks get lost in the mail.” But here’s the bottom line—unless you particularly love going to see your [...]
I have been getting this question over and over again about requiring residential tenants to get and maintain renter’s insurance. We go back and forth on this topic at the Board of Realtors. Here’s a case that could dampen the mood on this insurance issue, at least concerning whether you will be able to evict [...]
I see these stories time and time again—adult children acting like spoiled brats and misbehaving in their own parents’ home. Whether it’s not wanting to clean up after themselves or, even worse, a drug addiction that’s going downhill and the child refusing help, the parents are living day in and day out with an unhealthy [...]
I get this all the time with clients who are landlords. If only I would have taken the time to order a credit report. If only I would have checked references. If only I would have required a full security deposit and not taken it in payments. If only … I would not be experiencing [...]
I have come across this question a lot from landlords and property managers who have provisions in their rental agreements to conduct an annual inspection or twice yearly inspections. The main reason for wanting an inspection is to make sure a rental unit does not fall into disrepair. But some landlords want to use inspections [...]
I was working with a client this week about issuing a 60-day notice and timing the notice to expire at the end of March. I turned to my Date Ranger App on my iPhone to calculate the days. I thought January 30th would be my last day to serve a 60-day notice that would expire [...]
So you’re thinking about renting out the spare bedroom in your house. After all, you have an extra room and could use the rental income the room can generate, and you could have a roommate to keep you company. While it could be the greatest thing you do and you could perhaps find a new [...]
