Tips for New Landlords
Everything about landlord has a great tip list for prospective landlords. As with any new business decision, it’s important to conduct your own feasibility study and prepare a business plan. The emphasis here is on research and analysis. While you may be passionate about becoming a new landlord, it’s important to conduct your research and then examine the facts with discerning mind, [...]
Background Check your Potential Roommate
The Wall Street journal had a great article about checking out your potential roomates. They say that “twentysomethings are often too trusting of people they meet through, say, craigslist.org or apartment-finder Web sites” This can lead to big problems if you move in and your new roommate refuses or cannot pay their share of the [...]
Tenants: Read your lease before you sign
A new article in Fox 16 Arkansas provides some tips for renters in dealing with disputs with landlords in the state of Arkansas.
Many states have laws that offer extra protection for the tenant when it comes to relationships with landlords. But in Arkansas, renters have to look out for themselves.
So what rights do you have [...]
Dealing with tenants who damage and destroy property
The Albert Lea Tribune has a three part series about landlord and tenant rights, especially with regard to problem tenants. Albert Lea landlords and property owners are having a problem with tenants or leave trash or destory property when they leave or are evicted.
Local landlord Lanier Pratt, who with his business partner owns about 40 [...]
Tips for Reluctant Landlords: Check the background of all Applicants
Reluctant to sell your home or residential real estate property? Consider becoming a landlord and renting it out. First time landlords need alot of help. One of the best ways to prevent future problems with tenants is to conduct a background check on all prospective tenants or applicants. Landlords should run a credit check to [...]
