When Should You Send A Notice For Rent Increase
The Educated Landlord
by Landlord Education
4y ago
Many landlords are confused about when they should send a notice for rent increase out to their tenants. The problem is, there isn’t one specific answer and depending on where you live the rules differ drastically. Some states and provinces require 90 days notice, some require 30 days, some only allow increases once per year ..read more
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Using Prorated Rent To Attract Tenants
The Educated Landlord
by Landlord Education
4y ago
Often when landlords talk about prorated rent it revolves around refunding a few days rent when a tenant leaves early or possibly charging them a few extra days rent if they stay a few days into the next month. They often overlook the opportunity to use prorated rent to make it easier for tenants to ..read more
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Surround Yourself With Other Landlords
The Educated Landlord
by Landlord Education
4y ago
Do you talk to other landlords? Or do you find yourself simply keeping your head down doing your own thing? Being a landlord can be an incredibly lonely career choice, especially if it’s your primary job. Your main contacts end up being your tenants and you don’t really want to share stories of success or ..read more
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What Landlord Classes Do You Need?
The Educated Landlord
by Landlord Education
4y ago
Your education as a landlord never stops. That means you’re facing and ongoing series of landlord classes either through design, or via trial and error. And I’ve done both! I’ve taken all types of training on being a landlord over the years and I’ve learned through the school of hard knocks. Often times with the ..read more
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A Landlord’s Guide To A Tenant Walkthrough
The Educated Landlord
by Landlord Education
4y ago
The Importance of A Tenant Walkthrough Before we get into the nitty gritty about doing a tenant walkthrough I better start by explaining what a tenant walkthrough is and why it’s so important to do a walkthrough with your tenants. A Tenant Walkthrough is a mutually agreed upon representation of the state of the property ..read more
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Landlord Tools
The Educated Landlord
by Landlord Education
4y ago
The more landlord tools we have in our landlord toolkit the better we can manage our property. That’s why I’ve decided to start putting together a few landlord tools that will help you be better, more educated, landlords. Over time and with your assistance, perhaps we can grow this list to include a few of ..read more
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Tenant Move In – Landlord Tenant Walkthrough
The Educated Landlord
by Landlord Education
4y ago
When you have a new tenant move in it is imperative you do a complete tenant walkthrough with them to protect yourself later. The idea of this walkthrough is to provide a baseline for the state of your property at the time of the tenant move in and that you can use to compare with ..read more
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Day 31 – Financing Investment Properties
The Educated Landlord
by Landlord Education
4y ago
Article number 31 needed to be helpful, impactful and relevant. What’s more relevant to landlords than financing investment properties? My self appointed goal of writing a daily article for a month (go figure I picked a month with 31 days) is coming to a close, so let’s wrap this up with a bang. Hopefully you’ve ..read more
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How To Calculate Prorated Rent, And What Is Prorated Rent
The Educated Landlord
by Landlord Education
4y ago
Prorated rent, before I was a landlord I’m pretty sure I had no idea what it was or why I’d even need to know. Since then it still hasn’t come up that often, but understanding what it is and how it works and even where I can use it, sure has become handy. Prorated rent ..read more
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Is A Verbal Lease Okay?
The Educated Landlord
by Landlord Education
4y ago
A verbal lease… A mutually agreed arrangement with no documentation to back it up, or no specifics about what happens if…. Do you see a problem with that? Unfortunately many landlords don’t. I’ve even seen some talk about it as a point of pride, “I’ve been doing this for x amount for years and I’ve ..read more
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