Here is some awesome advice from Julie Johnson that appeared in the November 2013 RHA UPDATE. BEST PRACTICE ADVICE: BE AVAILABLE By Julie Johnson, The Rental Property Coach; Director, Residential Group, Phillips Real Estate Services; RHA Associate Member The quote that “Good Landlords Attract Good Tenants” is true. So when you consider best practices, I […]
Three people who own and manage rental homes in and near Kelso and Longview, Wash., are being sued for violating the federal Fair Housing Act by discriminating against persons with disabilities. The lawsuit, filed in the U.S. District Court for the Western District of Washington, alleges that Linda Barber, Bert Barber and Lori Thompson discriminated […]
By Beth Braverman, The Fiscal Times | October 2, 2013 Next stop: Maybe not home ownership. Home sales have finally begun to slow after a red-hot summer that saw prices soaring so quickly that some began to worry about the return of a housing bubble. But despite the recent housing gains, the country's home ownership […]
Don't mess up a good thing by making your good tenants mad. Here is a list of the top things you can avoid to keep your best renters from wanting to move. 1. Good tenants hate unclear rules Your lease should clearly spell out anything your renters need to know. If you’re expecting your renters […]
Whether you rent out of choice or necessity, you want to make sure you are protecting yourself. You don't have to be good at everything to be a successful landlord, but your should be wise enough to get help where you need it! To thrive in the rental world, follow our six survival tips . […]
1. Honesty / Integrity: Trust, reliability, and decency are what comes to mind as qualities of an honest person with integrity. 2. Creditworthiness: Does the applicant or tenant have a good track record concerning credit? Technology is now available that can provide creditworthiness information in a matter of minutes. Find out how the applicant or […]
1. Emphasize the most important lease clauses. Carefully go over the lease and emphasize what is most important when you sign with your tenant. You can even follow up with a welcome letter to your tenant reminding them of those key elements of the lease that are most important to you. Some landlords will resend […]
All records that are stored on file have sensitive information such as social security numbers, bank account numbers, and other information that needs to stay protected. Storing these documents for long periods of time can leave them prone to misplacement and risk the applicant's protection of his/her's information. Timelines are outlined below for the most […]
Pay Rent & Utilities: Paying your rent and utilities on time should be your first priority. The failure to pay rent and/or utilities on time may result in an eviction. Don't let this happen to you. If rent is paid late, be prepared to pay late fees. be sure to inform your landlord in advance […]
