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Why Pet Screening is Important for Landlords and Tenants

If you’re a landlord or a tenant with a furry friend, it’s important to understand the significance of pet screening. This process involves assessing a pet’s behavior, health, and history…

Rent Guarantee Insurance: New Options for Small Landlords

Updated 4/20/23: New companies and features have come to our attention and we have added them to this article. As an independent landlord, you invest your limited financial resources in…

Cash for Keys Instead of Eviction: What Landlords Need to Know

“Cash for keys” is a term used to describe a situation where a landlord offers a tenant a sum of money to vacate the rental property voluntarily. If done properly,…

Rental Property Spreadsheets: Should Landlords Use Excel or Property Management Software?

When it comes to property management and bookkeeping, many independent landlords and property managers still rely on rental property spreadsheets. Undoubtedly, Excel is a powerful and flexible tool that can…

Everything Property Owners Should Know About Security Deposits

Security deposits can be an important part of renting or owning a property, as it provides protection for landlords against potential damages. Understanding the laws and policies that govern security…

What to Do When Your Tenant Is Not Paying Rent

As a landlord, one of the toughest situations is dealing with a tenant not paying rent. Loss of rent leads to cash flow issues, so what should you do if…

Rental Loss Insurance: Best Ways Landlords Can Protect Against Lost Rent

Landlords might experience lost rent due to several reasons, such as property damages, fire, flood, etc. Sometimes a tenant may also stop paying rent. Having rental loss insurance that compensates…

The Rental Property Accounting Guide for Landlords

Managing books and record keeping for rental properties can be confusing, cumbersome, and stressful. However, there are several ways to make the process easier. If you’re looking to maximize returns…

Why Landlords Need a Separate Bank Account for Rental Property

Rental property is a business, and just like any business, it’s best to have a separate bank account for rental property. Keeping personal funds separate from business funds helps landlords…

How to Increase Rent and Boost Your Rental Income

Landlords looking to increase rent often have the fear of losing good tenants. Obviously, you want to retain qualified tenants, so you might not want to raise the rent. But…