If you’ve been a landlord long enough, you’ve had a nightmare tenant. They come in all shapes and sizes, and they cost thousands of dollars in unpaid rent, property damage, legal bills, court fees, and pulled-out hair. I’d just as soon keep those thousands of dollars and not have a conniving professional tenant or charismatic... Continue Reading →
7 Types of Tenants Who Cause MAJOR Landlord Headaches
Tenants are the lifeblood of the landlording business. But as landlords, we don’t want just anyone as our tenants. We want good quality people who will pay, stay and respect our properties. We want tenants who will not cause problems, either to us or to our other tenants. We landlords already have enough problems to... Continue Reading →
How I Was Almost Fooled by Evicted Tenants (& What I Learned)
The top thing in every landlord’s mind is to ensure that you don’t recruit a tenant who will only result in an eviction notice. After all, having a troubled tenant can lead to cash flow problems, which is obviously bad. On that same note, not only can this lead to financial distress, but it can be time consuming... Continue Reading →
How to Prevent Tagalong Boyfriends & Other Pesky Freeloaders in Your Rentals
It happens all the time. Your sweet 24 year-old renter (let’s call her Wanda) is the perfect tenant. She pays her rent on time, doesn’t treat the property badly, and she doesn’t even have any pets! Then Wanda meets Tony (cue the horror soundtrack). Tony’s a classic good-fer-nuthin’ bum—he never saw a bill he wanted... Continue Reading →