How to Create a Rent Deferral Program
Landlord Resources
by Amanda Mears
4y ago
You may have heard the news that the U.S. Department of Housing and Urban Development (HUD) has been directed to suspend ALL evictions and foreclosures through the end of April. As a response, many landlords have decided to waive rental payments and fees for tenants who lost their source of income due to COVID-19. The Utah Apartment Association has released a guide to determining what steps you should take as a landlord. If you’re interested in creating a rent deferral plan, here’s how to extend the policy to tenants who qualify. Creating a rent deferral program Determine what your po ..read more
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Real Estate Investing: Single-Family vs Multi-Family Rental Properties
Landlord Resources
by Ryan Schwartz
4y ago
For many real estate investors, the goal of buying property is to achieve monthly cash-flow. For others, it is an opportunity to build equity in assets that will appreciate over time. Beyond these broad principles, there are many different kinds of properties that can be purchased, rented out, and sold. The end goal is often the same, however: getting a return on your initial investment. While a lot of the same terms and rules-of-thumb can be applied across these types of properties, there are some key differences that investors should be aware of. Those new to the world of real estate ..read more
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6 perks that keep renters for longer
Landlord Resources
by Susan Mackey
5y ago
Ever owned a rental property that felt more like a revolving door than an apartment? If so, you know the headache that comes with high turnover. It costs time, effort, and money when someone moves out. Plus, the money lost while an apartment is vacant in between tenants can add even more financial strain. Good landlords know good tenants are worth keeping. If you want to stand out from the rental competition, here are six perks to keep your renters right where they are. Financial Perks Everyone loves a great deal, and renters are no different. While many landlords offer “first month free ..read more
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7 Habits of Highly Effective Landlords
Landlord Resources
by Alexander Hassoulas
5y ago
Being a landlord isn’t simple, plain and simple! If it was, then everyone would be doing it. As a landlord, you have to deal with tenant complaints, rent collection issues, and what can seem like endless, high property maintenance costs. That said, being a landlord doesn’t have to be a drag. In fact, being a landlord can become a highly successful source of income if you manage your properties efficiently and effectively. But, how exactly do you do that? By learning from those who have succeeded in this tough industry. In most areas of business, successful people have certain habits that ..read more
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Staying safe as a landlord: How to protect yourself
Landlord Resources
by Amanda Mears
5y ago
Escaping a dangerous encounter isn’t something most people think about when they start investing in rental properties, but the truth is that sometimes tenants who are in a desperate situation can react irrationally and you may need to be prepared. Once you reach a point where you have to evict someone, chances are your relationship isn’t great. Here’s how to protect yourself preemptively and what to do if you’re ever faced with a situation that threatens to turn ugly. Screen everyone living in your rental The best way to avoid evicting a bad or dangerous tenant is to get to know the ..read more
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