Does Your Tenant Screening Report Seem Incomplete?
Real Estate Gladiators Blog
by Real Estate Gladiators
1w ago
Screening tenants can be automated to the point that you’ve created a fair, consistent, and thorough system for measuring each application against your documented set of qualifying rental criteria. With the right process in place, you can effectively check income, credit, and criminal histories all while remaining compliant with state and federal fair housing laws.  But, your tenant screening report may seem incomplete.  If so, let’s take a look at the specifics you should be evaluating before you approve a resident for your Washington State investment property.  Are You Verify ..read more
Visit website
How a Property Manager Can Save You Money
Real Estate Gladiators Blog
by Real Estate Gladiators
2M ago
Smart investors know that working with a professional property manager is a good way to keep rental income high and property expenses low. If you feel like you’re not earning as much as you should, or you’ve noticed that maintenance and vacancy costs are too high, you will likely benefit from professional help.  You’ll find that professional property management more than pays for itself. Not only do you access experience, resources, and local expertise, you also save money on a day-to-day and long term basis.  Here’s how a property manager can save you money.  Higher Rental Val ..read more
Visit website
How to Keep Your Rental Property Safe for You and Your Tenants
Real Estate Gladiators Blog
by Real Estate Gladiators
3M ago
Safety first.  It’s a phrase you hear all the time, and it applies to your rental property in unique ways. You want to keep your rental property safe for your tenants, and you also want to keep it safe from deterioration, damage, and risk.  If you’re wondering how to do this, we have some ideas. Re-Key your Property During Turnovers  Change the locks on your doors every time a new tenant is preparing to move in. This protects them and it protects your property. You’ll collect keys from departing tenants, but you never know how many copies were made.  Get new keys or instal ..read more
Visit website
A Landlord’s Guide to Lease Renewals
Real Estate Gladiators Blog
by Real Estate Gladiators
4M ago
Hopefully, you’re not scrambling to get a lease renewed with your tenants days before the lease term is set to end. The lease renewal period is an important one. You want your good tenants to renew. This leads to lower turnover and vacancy costs. You won’t have to worry about an unoccupied property or repairs and improvements or marketing to find a new resident.  How can you make sure the process is efficient and easy for everyone involved? We have some ideas. Here’s your landlord guide to lease renewals.   Provide Plenty of Notice  You don’t want to be rushed, and your te ..read more
Visit website
Landscaping Tips to Make Maintaining Your Rental Property Easier
Real Estate Gladiators Blog
by Real Estate Gladiators
5M ago
How much do you love the lawn at your rental property?  If you love it a lot, you need to strategize how you’ll keep it looking great, even while your property is occupied by tenants.  If you don’t really think about it, you still need a strategy. Curb appeal is an important part of attracting and retaining tenants. The outside of your property needs to look clean, attractive, and inviting.  We’re talking about landscaping tips today, and our focus is on what you can do to maintain your rental property with ease. Tenants don’t want to spend a lot of time taking care of the lawn ..read more
Visit website
How to Verify Tenant Rental History
Real Estate Gladiators Blog
by Real Estate Gladiators
6M ago
How thorough is your screening process?  Most landlords will do a great job of checking credit reports and verifying income. But, the screening process shouldn’t stop there. It’s important to verify a tenant’s rental history. Looking at how a tenant has performed in the past will tell you how they’re likely to perform in the future.  Always verify rental history.  If you’re not sure how to do that, we have some tips for you today.  Collect Rental History Information on the Application  The application you provide must include information on a tenant’s current and form ..read more
Visit website
Renting to Relatives: What Every Monroe Landlord Needs to Know
Real Estate Gladiators Blog
by Real Estate Gladiators
7M ago
Thinking about renting a property to old Aunt Edna? Or maybe a cousin’s kid needs a place to stay for a few months?  Renting to family members can be fraught with anxieties…we want to get that out in the open right away.  It’s stressful. How do you enforce the lease when this is someone you’ll see at family dinners? How do you chase down late rent without a big fight when you know for a fact your tenant-brother just got a big bonus? Our advice to people who want to rent out a home to relatives is this: Don’t. But we don’t always get listened to, so our back-up advice is this: Work w ..read more
Visit website
When Does a Guest Become a Tenant?
Real Estate Gladiators Blog
by Real Estate Gladiators
8M ago
We’ve all had them: the houseguest who overstays their welcome.  What does it mean, though, when your tenant has a guest staying in the property and the days and weeks tick on without that guest packing up to go back home?  When you rent out a property, you expect that your tenants will have visitors from time to time. However, when that visitor turns into a permanent resident, you need to get them on the lease agreement. They need to be screened before you can let them stay. This can be a delicate conversation to have. Your lease agreement should reference visitors and have a guest ..read more
Visit website
How to Maintain Your Investment Property over Time
Real Estate Gladiators Blog
by Real Estate Gladiators
9M ago
Planning to hold your investment property for many years to come?  We love to hear it. When investors buy a rental property with the intention to hold it over time, we know that they’re going to make some great money. The rent will continue to rise, and the property value will also keep pace. Meanwhile, you have tenants paying down your mortgage over all those years.  What’s not to love? The greatest challenge, of course, is keeping that property in excellent condition. To continue earning money from it, you have to keep it well-maintained and continuously updated. The appliances th ..read more
Visit website
How Proper Paperwork and Rental Agreements Protect You and Your Investment Property
Real Estate Gladiators Blog
by Real Estate Gladiators
10M ago
Did you get into real estate investing for the paperwork?  Probably not. Tracking the documents and the files and the receipts and the invoices can often seem like the least-interesting part of renting out a property.  Unfortunately, it’s absolutely critical.  You need the right paperwork and you need a strong rental agreement. Otherwise, you might find yourself in some trouble.  Here’s how property paperwork and strong renter agreements can protect you and your investment property.  Rental Agreements and Leasing  You’ve made it through the marketing and the show ..read more
Visit website

Follow Real Estate Gladiators Blog on FeedSpot

Continue with Google
Continue with Apple
OR