Tag: landlord

How to Use Online Rent Collection to Enhance Transparency and Foster Better Relationships With Tenants

By Dave Spooner Landlords experience a variety of benefits when switching to online rent collection: automation, convenience, accurate bookkeeping and the ability to meet tenant needs in the marketplace. Transparency is an often overlooked benefit. As consumers, we want and appreciate transparency throughout the transaction process. We want to be able to track our packages,…


Landlords, Don’t Believe These 5 Myths About Online Rent Collection

By Dave Spooner When customers are online, so are businesses. It’s no less true in the rental industry—with customers increasingly embracing online bill pay, online rent collection is only a logical next step for landlords. But online rent collection is often met with hesitancy. Some believe that online payments are less secure or reliable. Others…


How to Set a Fair Rent Price for Your Properties

By Dave Spooner Renting at below-market rates is a common problem among new real estate investors. How do you know what constitutes a fair rent rate? And what if that rate leads to vacancies or losses? Setting the right rent rate is a skill that requires practice. There are many things to consider in your…


How to Decide on and Enforce Your Rental Policies as a Landlord

By Dave Spooner  Whenever you set up a new rental unit, you have a variety of decisions to make. From choosing a reasonable rent rate to screening new tenants to reside in the unit, you have your hands full. Deciding on your rental policies is one important step in setting up your rental. If you…


Guilt-Ridden Man Confesses to Landlord’s Killing 15 Years Later, Recordings Show

ALBUQUERQUE, N.M.—Police officers found Tony Peralta earlier this month sitting on a curb not far from the convenience store in a small southeastern New Mexico community where he borrowed a cellphone—so he could call 911 and confess to killing his landlord 15 years earlier. Sweating and taking puffs from his cigarette, he told them he’s…


7 Tips for Managing Your Real Estate Business Like a Pro

By Dave Spooner When it comes to investing in real estate, good management is the key to success. It’s the difference between real estate being a daily stressor in your life or an avenue to financial freedom. But rental businesses have many moving parts, and it can be difficult to prioritize your landlord duties when…


Considering Buying Your First Rental Property in 2023? Here’s What You Need to Know to Succeed.

By Dave Spooner Picture this: It’s New Year’s Eve, 2022, and you’ve finally committed to a resolution you really want to keep. In the coming year, you want to buy your first rental property and start investing in real estate. But what will real estate look like in 2023? Will housing prices continue to drop?…


Is Being a Landlord Worth It?

Real estate has been a popular investment for a very long time—for those who can afford it. But in recent years, trends such as house flipping, “house hacking” (living in one room of a property while renting out the others) and short-term vacation rentals have made real estate investment much more accessible, especially for millennials…


Los Angeles County Extends COVID Eviction Ban Again, Following City of LA

Following in the footsteps of the Los Angeles City Council earlier this week, the Los Angeles County Board of Supervisors has voted to extend the COVID-19 era emergency protections for renters—this time for for another two months. The protections were set to expire on Jan. 31. Under the emergency order, tenants eligible for such protection…


How to Be a Great Tenant

When renting a home, apartment, office, or shop, it’s important to get along with the other tenants, and especially with the landlord. Neatness Counts Show consideration to the landlord and other tenants by keeping the area in front of and around your area clean, including parking areas. Clean up after pets, especially if they stray…