It's safe to say that rental income is the single most important thing to a landlord. How do you collect rent from tenants online (and offline)? How do you minimize late rents and should you charge late fees? What are the options when you're stuck with a tenant who refuses to pay ...
Some property managers have already adopted Bitcoin (the most well-known of cryptos) as a form of rent payment. This works when the tenant uses Bitcoin, and the property management software converts the currency to dollars using a digital crypto broker. The landlord then gets the rent payment...
Renting a Chinese apartment is likely to be a process far different than anything you have experienced before, so my hope here is to provide some insider tips and resources to help you along the way. Whether you need help searching for a flat in China, knowing what to look for, or even...
Step Four: Give a Formal Notice of Eviction If reasoning with your tenant has been unsuccessful, then unfortunately, they’ve left with you no choice. It’s time to give a formal notice of eviction. Your eviction notice should: Include a date by which the tenant must pay rent or move ou...
When a renter agrees to rent a property from a landlord, the renter is entitled to use the property without the landlord's undue interference. This is generally known as the right or covenant of quiet enjoyment. Landlords who violate a tenant's quiet enjoyment rights by, for example, enterin...
Do Not Collect Funds– Never collect rent from an illegal sub-tenant. Once a landlord accepts funds, specific tenant laws activate protecting the sub-tenant regardless of whether they are legally allowed to be in your property or not.
You’ll need to set up a system for collecting rent each month, and you’ll also need to enforce late fees if necessary. Some landlords take the rent out of their tenant’s bank accounts automatically, while others collect the rent in person. There’s no right or wrong way to do it,...
If you are fortunate enough to find no credit check apartment this way, you’ll still need to prove to the landlord that you’ll be an excellent tenant. They want to ensure you’ll pay your rent, so you may want proof of your income.Renting a condois similar to renting an apartment,...
Thisrentcalculation may be done through analysis or from historical property data. The landlord and tenant can alsonegotiatethe amount and terms of the lease. For example, a tenant may ask the landlord to include janitorial or landscaping services.5 ...
You're probably savvy enough to know that you should include asecurity depositin your lease and collect it from your tenant before they move in. A security deposit is intended to cover any potential damage to your property that exceeds normal wear and tear. While you might be understanding of...