Generally, apartment complexes in the same neighborhoods have similar prices for rent. But, if you begin to notice that neighboring properties pay significantly less in rent compared to you, you could bring this up to your property manager in your rent reduction letter. Landlords want to stay co...
What are the options when you're stuck with a tenant who refuses to pay rent? Learn where to draw the line and how to reclaim rents owed with minimum fuss. PART 1: How Much Rent Should You Charge for a House?PART 2: How to Calculate and Determine Rent Amount ...
Landlords, Income Tax The UK has more than 2.7m unincorporated landlords and each year they report to HMRC rental property income worth some £41bn. Unincorporated landlords are people who earn additional income from renting out property as private individuals, rather than via their own property ...
How to prorate rent for the monthOnce you know how much you’ll be paying for the prorated month, there’s the issue of when to pay it.Most landlords require the first month’s rent be paid in full when you move in. In that case, after paying a full month’s rent whe...
The U.S. Justice Department is suing RealPage, accusing it of selling software to landlords that allows them to collectively set prices.
Many landlords require renters insurance as a stipulation of the lease agreement, but some do not. However, it’s typically a good idea to have a policy in place.A comprehensive renters insurance policy (akaHO-4 policy) can help cover your personal belongings, liability exposure and additional...
How Much Is Enough? Half of all U.S. states impose a limit on how much a landlord can collect for a security deposit [source: FindLaw]. The typical deposit equals one or two months' rent. In Scotland, it's illegal to charge any premiums or holding deposits in addition to the security...
Tenant Monthly Statement- Tenants who think like homeowners, act like homeowners. They pay their rent on time, take good care of your property, and generally make your life much easier. Mail this statement to them to encourage this behavior. You can include due dates, late payment information...
Landlords. Some landlords might want to get an idea of how likely you are to pay your rent on time. If your credit report shows a lot of late payments, a landlord might require a bigger security deposit or deny your application. Employers. Although employers can’t access your credit sco...
In reality, there are many additional factors that can play into your overall rental rate.Some landlords offer tenants free rent for a specified number of months at the start of the lease Tenant improvement (TI) allowances can influence your overall cost to lease space The length of the deal...