When you are checking in your renters, they will be overwhelmed with information from you, in addition to all the stress of moving. Even if you go through these items when you meet with them, leaving printouts of instructions will be invaluable to them. Plus, if they know how to take care of your property, … Continue reading The Landlord List: Information to leave with your tenants
At some point, your renters will likely pay a bill for you. Perhaps they've been nice and done a repair themselves, and of course want to be reimbursed. The concern is the much more likely scenario: they have had to pay a bill when a repair was done, and you weren't able to set up … Continue reading Tricks of the trade: The easy way to get proof of expenses
In addition to an insurance policy, which typically covers fire, hail, and other major damage, you may want to consider purchasing a home warranty for your rental property. A home warranty can be purchased from many companies, and will cost about $600 a year. They will likely charge $75 or so per issue (and may … Continue reading Running your rental business: Should you purchase a home warranty?
If you have the time -- and the inclination -- to do some repairs yourself, the following skills can save you a lot of money!
Here is a list of things to do in-between renters, both to prevent damage and maintain the home
Even if you plan on being a one-person business (as I consider myself), you still need a team. There are for things that you either can't do on your own, or shouldn't! Mistakes can be costly and time consuming. Having a list of professionals will provide a more solid foundation for your business. The first … Continue reading Starting your rental business: Build your team
Putting your property's best face forward!