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A Guide to California Rental Application Fees

May 3rd, 2021

Most real estate agents and landlords in California decide to charge a rental application fee when screening tenants. This is a widely accepted practice that can help cover the direct costs associated with screening tenants.

But the seemingly simple act of collecting rental application fees in California can be a big area of risk for you if you don’t do things the right way.

How to Write a Notice to Vacate [+ Template]

April 28th, 2021

As a landlord, part of the job is dealing with renter turnover. Whether a tenant’s lease is up, issues have risen, or you found someone more suitable to rent from, you need to know how to write a notice to vacate. 

In most states, both landlords and tenants can send a notice to vacate informing the other party about a specific move-out date.

Normal Wear and Tear vs. Property Damage: A Landlord’s Guide

April 7th, 2021

When a tenant moves out of your rental unit, they likely won’t leave it looking the same as it did when they moved in. It’s not uncommon for landlords to make minor repairs or send in a cleaning crew after a tenant’s lease expires, and routine maintenance is almost always necessary to keep a unit in good condition.

How Much Should I Charge For Rent? 6 Key Factors to Consider

April 5th, 2021

As a landlord, your main priority is to keep your occupancy rate as high as possible by finding, screening, and retaining tenants. The amount of rent you charge per unit or room plays a vital role in the type of residents you attract and if you will be profitable each month.

Rental Inspection Checklist: Tips to Maintain Your Property

March 16th, 2021

Rental inspections should be a routine aspect of any property maintenance schedule to protect you, your tenants, and your property. Keeping an eye on your property and using rental inspection checklists helps you keep track of its condition to avoid surprise expenses and maintain a comfortable rental for your tenants.

What is a Rent Increase Notice?

March 4th, 2021

As a landlord or property manager, you’ll sometimes need to increase the amount of rent that your tenants are charged. They won’t be happy about facing a rent increase, of course, but by handling these changes professionally and courteously, the experience of notifying a renter does not have to be uncomfortable.

What Factors Should I Consider When Buying an Investment Property?

March 1st, 2021

If you’re interested in buying an investment property, you’ll want to be thoroughly prepared and knowledgeable about your decision. Rental homes can be a great way to bring in extra income, but it can also involve some unexpected expenses as well as other issues that can cause you to lose money on the deal.

How to Evict Someone in 5 Steps

February 23rd, 2021

Deciding to evict someone is hardly easy. The eviction process is costly, and it can feel complicated for landlords who have never had to go through it before. While landlords should try to avoid eviction whenever possible, most will find that they have to start the process at least once while renting out properties.

5 Important Basics of Being A Long-Distance Landlord

January 20th, 2021

So you've got one property you'd like to rent out while living somewhere else or traveling continually, or perhaps you have a small handful of properties located in different areas. Under the right circumstances, you can handle all of your landlord duties and managing properties remotely.

What Should be Included in Tenant Denial Letters?

January 16th, 2021

In a perfect world, only qualified applicants would apply for your rental -- but we all know that's not how it works. When it comes to property management, there will be times when you must turn down a potential tenant. Any landlord or property manager should know how to turn down an application with both grace and authority.

The Best Ways to Obtain a Basic Rental Application Form

January 11th, 2021

Many property managers will go to their legal counsel and have a lawyer create a new application and lease from start to finish. While this option ensures high-accuracy -- it's also expensive. Fortunately, there are many ways to get a free rental application form that you can customize.