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It's a good idea to have a minimum income requirement for your rental, and that all income be verified. But when screening applicants who work as servers in restaurants it can be difficult to verify their full income....
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Hi all, How do you accept your monthly rent payments? Do you require auto pay or offer online payments? If so how do you set that up? Thanks for the help.
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An inherited Tenant of mine failed to give me a written 30day notice to vacate the property. She was a tenant who was on a month to month lease agreement. She turned over her keys on March 5. On top of that She is req...
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Are we as landlords allowed to request a security deposit from inherited tenants if the previous landlord did not collect it?
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This is just a theoretical that popped into my head, but for those markets where rents are relatively low, would it be reasonable to take on a tenant with the typical one month's security deposit, but in addition you ...
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I'm in a unique position where I'm a landlord and a tenant due to my job which has me travel for long-term projects. I have 3 rentals and I grew up in a rental family (father owns 30+ from single-residence, to efficie...
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Hello All,
I am looking into purchasing my first investment property in a C+ / B- neighborhood in Richmond, VA. In addition to checking income, employment verification, criminal background and the tenant’s rental hi...
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I use the security deposit (and the first month's rent) as a test case to see if the potential tenant will be able to pay rent on time. If they can't come up with a security deposit and 1st Month's rent prior to w...
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As a SFH Property Management company, we have adopted a No Security Deposit option called our Preferred Tenant Program. We subscribe to a service called Obligo. In this method, we use Obligo and their Billing Authori...
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This is my first attempt at a lease to share agreement. I was wondering if any of you had any suggestions as far as wording or additions to this lease? also wondering about the rules, I guess as a whole, what do you t...