Landlords tend to keep their rent hikes in line with theproperty market.There is technically no limit on how much a landlord can increase rent. However, by increasing it by too much, landlords risk having tenants default on their repayments. This can lead to the landlord losing months of i...
If you’re a landlord, you generally want a return on your investment. Understanding how to increase the rental value of your property is one way you might succeed at it. While an increase in passive income is a fair goal, there are other reasons landlords may want to upgrade their proper...
Being a landlord is rewarding only if you do it right. You do not want your asset and investment to turn into a liability. Getting your property rent-ready is an integral part of property maintenance that requires your careful attention. Sometimes, if you are short on cash, you even have ...
Rent control limits how much landlords can charge for an apartment. Read more to learn what rent control is, how it works, and the benefits of rent control.
Rent Payment Guide for LandlordsLearn how to handle rent payments from tenants. Discover the best method to collect rent online, impose late rent fees and tackle non payment of rent.It's safe to say that rental income is the single most important thing to a landlord. How do you collect ...
There is a lot of ground landlords need to cover when it comes to thesafety of their tenants, regardless of their age or mobility. Often state and county jurisdictions will require landlords to have the appropriate monoxide and smoke detectors installed in all their units,...
Coincide rent due dates with your tenant/buyer's paydays. Send your tenant/buyer a holiday, birthday, or better yet, a Thanksgiving card. How often do you receive Thanksgiving cards? They will definitely remember it. Tenant/buyers who think like home buyers act in the following manner: ...
The San Francisco Rent Board sets the percentage by which landlords can raise the rents, up to a maximum of 7% per year. (In 2020, the increase was 1.8%.) Landlords cannot increase the rent (except by petition proving increased operating expenses) due toa new roommateor new baby arriving....
risk driving away potential tenants or dealing with a vacant property for extended periods. Charge too little, and you might miss out on valuable income andreturn on investment. Landlords and property managers, especially those new to the game, often wonder, "How much should I charge for rent...