RentPrep For Landlords: Recent Episodes
Andrew Schultz
RentPrep For Landlords is a podcast that dives deep into the world of being a landlord. Host Andrew Schultz discusses everything from gruesome tenant evictions to simple strategies to keep your sanity as a landlord.
Past guests include Dan Lane of Rental Income Podcast, J. Massey of Cash Flow Diary, Tim Shiner featured in BiggerPockets, Clayton Morris, Mark Ferguson Invest four more, Emily with RentalRookie.
In this week's podcast, Andrew Schultz delves into whether landlords should supply and ensure the changing of AC filters. Discover the importance of maintaining HVAC systems to prevent issues like carbon monoxide leaks, and learn about services that can help manage this task.
Additionally, we address the practice of calling previous landlords for tenant references, highlighting more reliable methods for tenant screening. Lastly, get tips on maximizing central air efficiency during the summer, from simple measures like blackout curtains to more involved solutions like improved insulation.
Join us for practical advice to help landlords keep their properties in top shape and make informed decisions during tenant screening.
In this week's podcast, Andrew Schultz goes over the top ten tenant screening tips to ensure tenants are suitable for your rental property.
Whether it is establishing clear criteria for what you're looking for in a tenant, such as credit score, income, and rental history, or gathering necessary information, including income and employment verification, tenant screening is crucial.
Listen to the latest podcast to learn more.
In this week's podcast, Andrew Schultz discusses the latest news on one of NYC’s most notorious landlords to date. How much deep water is this person in?
Sometimes, there are smells that you just can’t explain – including the ones in drains. Find out how to get rid of some of those nasty rental property odors.
And, last, but not least, if you own an older rental home and are curious about how to replace sewer line drains, we’ll give you some insight in this week’s episode.
In this week's podcast, Andrew Schultz discusses some of the top property manager pet peeves when it comes to rental properties.
Should everyone in a household be listed on a lease if the rent is only coming from one person? Find out now.
And, last, but not least, annual inspections. What happens when you and a tenant agree on a fix to the property, but they have yet to take action? Listen to this week’s podcast.
In this week's podcast, Andrew Schultz discusses the latest on the new bill introduced in California to prohibit landlords from banning pets in rentals. Will it pass? Find out what we have to say.
We’ve got a new update on the Buffalo, NY landlords involved in the lead poisoning fiasco affecting renters within their portfolio.
And, last, but not least, if a tenant wants to change out a faucet, can they? And if so, who pays for the change out? Listen to the podcast today.
In this week's podcast, Andrew Schultz discusses working with restoration companies for your rental property. What are his tips for a successful working relationship?
Ooph, so you have multiple qualified applicants, but don’t want to deny the wrong one. Find out what to do when faced with this scenario.
And, last, but not least, what gets rid of tough mold? And, how can the landlord prevent mold in the first place? Find out now in today’s podcast.
In this week's podcast, Andrew Schultz discusses rental property damage whether it’s done by a natural disaster like a storm or possibly your tenants.
Yikes! You posted an ad for your rental and now you have twenty qualified tenants that match your criteria perfectly. How do you handle the situation?
And, last, but not least, what gets rid of tough mold? And, how can the landlord prevent mold in the first place? Find out now in today’s podcast.
In this week's podcast, Andrew Schultz discusses pipe bursts in rentals and whether or not the tenant or landlord is responsible for the costs.
Find out how to properly collect application fees if you are an out of area landlord trying to collect payments from possible tenants.
And, last, but not least, find out if landlords can charge for water and sewer even if there are no separate meters.
In this week's podcast, Andrew Schultz discusses the latest fake landlord scam to hit the market. Make sure to warn your tenants!
How do you go about a lease that’s technically for a guest, but it’s not necessarily subletting? Find out now.
And, last, but not least, what happens when a landlord gets along with their tenants, but the tenants don’t get along. We’ve got just the answer! Listen in now.
In this week's podcast, Andrew Schultz discusses tenants that like to break the no smoking clause that is clearly laid out in your lease agreement.
Find out how to do a final walkthrough with a tenant and how to use a move-out checklist while doing so.
And, last, but not least, discover how much of a premium you can add to a rental if it’s fully furnished with high-quality furniture.
In this week's podcast, Andrew Schultz how to build up your tenant’s credit by properly reporting rent payments to various outlets.
We will also explore the difference between battery operated and hard-wired smoke detectors, the properly protocol for the different types of rental properties and more.
And, last, but not least, what ever happened to that Buffalo landlord that was allowing tenants to live in lead poisoned rentals? Find out in our latest podcast.
In this week's podcast, Andrew Schultz discusses how to self-manage your rental property like a professional.
We will also explore what to do when you find out your tenant has been smoking in a non-smoking rental.
And, last, but not least, how can landlords incentivize contractors to do amazing work? Find out all this and more in our latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about whether or not smart homes are worth the investment or not for landlords.
When it comes to work and rental references, what should a landlord ask? Find out the top questions to ask when chatting with references to see if your potential tenant is a go.
Yikes! Your keychain’s a mess and you need help sorting out your rental keys from your personal. Find out the best way to organize your portfolio keys.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about fair housing testing and its role in uncovering evidence of racial discrimination in rental housing.
Ready to digitize your rent payment system? We’ll give you tips on how to set up rent payments for tenants digitally.
Last, but not least, what’s the purpose of a property manager and when should you consider hiring one for your rental property? Find out in our latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about work from home tenants. Does it make more sense to be stricter on wear and tear rules since the majority of the time your tenants are home?
Are you afraid you're too lenient on your tenants that pay rent late? Find out how to set up a process that works the best for both sides.
It’s time to learn the difference between a notice to vacate and an eviction letter. And, yes they are two different things! Learn more by listening to this week’s podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about whether or not there should be limits on a tenancy. How long would you keep a tenant?
We get it, musty smells in basements are not ideal. So, what should you do with those unfinished crawl spaces in your property that gather up moisture? Find out.
Last, but not least, garbage disposals. Find out if these once ever-so-popular appliances are still trending in the industry.
We are back with another episode of the RentPrep for Landlords Podcast with your host, Andrew Schultz. In this podcast, we'll explore tenant insurance and what exactly a tenant needs to include in their policy in order to protect themselves and the property.
We'll also go over your typical wear and tear damages and what that means for your rental property including what is considered "normal."
Last, but not least, are appliances warranties a good idea? Find out all this and more in our latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about the necessary steps to ensure that pet odor has been eliminated from a rental property.
Sometimes, you’ll come to a rental property that offers oil heat. For those used to gas or electric, this can be, well, scary. Find out what to expect with oil heat.
Last, but not least, what are some early warning signs that a tenant may not be rental ready? Hear some funny stories from landlords.
We're diving deep into the world on property management on this podcast! Community Manager and RentPrep For Landlords podcast host, Andrew Schultz, explores the topic of property management and what exactly that entails. From start a management business to hiring one, check out these top tips from a property manager himself.
Find out if your tenant should be getting renters insurance and what that means. It's time to get to know the pros and cons of this type of insurance.
Does a lease start on move in day? Find out the answer in today's podcast!
RentPrep Community Manager, Andrew Schultz, chats with Co-Founder & CMO, David Bitton, of DoorLoop about how landlords can market themselves to find new tenants.
We'll even touch on the possibility of creating a website for your investment properties to find better tenants and gain more visibility.
Plus, find out how Bitton started in the industry and became a visionary behind a well-known rental property management software.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about what to do when you unexpectedly find a pet that your tenant snuck into the rental when your lease specifically says no pets.
Should tenants pay the utility bills or should a landlord? It depends. Find out what to do when your tenant forgets to pay the rental utility bills.
Last, but not least, we’ll tell you how collection agencies work with landlords to get any unpaid rent and more! Listen to the latest podcast today.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about replacing rental appliances. How many times should you repair an appliance before kicking it to the curb?
Sometimes, tenants want to treat your rental as if it’s their own home by doing things like mowing the yard. As a landlord, should you allow it and, on top of that, allow the tenant to use your mower?
Last, but not least, your tenant is moving out, but you’re unsure if the utilities were shut off for the rental. Is there a form that you receive as a landlord before utilities are shut off? Find out in this latest episode.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, discusses how best to deal with a rude tenant. If you’re finding it impossible to have a civil conversation with your renter, you’ll want to listen in.
If you have a tenant with a million and one excuses for why their rent is always late, you may be left to question, can late fees be included with rent? Find out in this episode.
Have your spotless tenants turned a bit messy? Here’s what to do if your tenants stop keeping up with your rental property.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about a tenant that starts a rental property on fire. What is the responsibility of the tenant vs. the landlord?
Relationships can be hard. Find out what to do when there is a fight in your rental property between two partners and one refuses to let the other partner in.
Last, but not least, have you heard about Twitter’s eviction lately? That’s right, the tech giant got kicked out of an office building due to unpaid rent. Find out how much they owed and so much more by listening in.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about a ton of topics this week that landlords around the world are experiencing including:
What happens if a tenant finds mold in the rental unit? Yes, this is an extremely serious issue that needs to be resolved in a timely manner. Landlords, find out how to go about fixing the issue.
From tenants breaking up to switching up the lease to damaging property, we cover it all in this week’s episode. Listen in now.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about how to check your tenant’s military status.
Yikes! Your tenant failed to tell you that the HVAC unit has been leaking. Find out how ot handle this particular situation.
Last, but not least, we’ll chat about a recently released website for landlords to become more aware of the risks associated with squatters. Listen in to the latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, sits down with FCRA-Certified Screener, Chelsea Kline, of RentPrep to review what it takes to verify a renter’s income. We’ll also go over our income verification product here at RentPrep.
Tis the season for landscape maintenance. In this episode, we’ll also go over who maintains a rental property lawn.
Last, but not least, we’ll chat about renting out to students and how to go about tenant screening for low-income renters and more! Listen to the podcast below.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about the latest rental property scam where fake rental hosts give a tour to a prospective tenant and then rob them soon after.
Should you have sympathy for a tenant? It’s possible. Find out when you should give your tenants a break.
Last, but not least, we’ll go over the top LVP flooring to put into your rental properties.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats with Katie Brosch of RentPrep about tenant credit reports.
In this specific episode, Katie teaches us how to read a tenant’s credit report from beginning to end. If you’re a landlord who has ever felt lost when reading a credit report, this podcast is for you.
To learn more about tenant credit reports, including how to read them, listen below!
In this episode, Podcast Host & Community Manager at RentPrep, Andrew Schultz, chats about a landlord that was fined over $10,000 for having too many tenants occupying a rental property.
How do you handle an unresponsive tenant? We’ll go over the process for managing a tenant that just won’t respond to your messages and you now have to initiate the eviction process.
Last, but not least, how do you go about verifying the income of someone that was a former military member? Find out this and more in our latest episode.
In this episode, Podcast Host & Community Manager at RentPrep, Andrew Schultz, interviews Devin Redmond of Roofstock. Redmond currently serves as the Director of Content Strategy. Find out more about 1031 exchanges, what to pay for cash for keys, how to return security deposits, 1099-MISCs and so much more.
Listen in to the latest episode below!
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats with RentPrep Founder, Stephen M. White.
In this exclusive interview, we celebrate the 400th edition of the RentPrep for Landlords podcast with none other than RentPrep’s driving force, Stephen M. White. White discusses how he got started in the industry, what it took to get RentPrep to where it is today and what the future looks like for the tenant screening company.
Don’t miss this special edition of the podcast today!
This week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, goes over when to start considering charging double the amount for a deposit.
Now that we’re in 2023, it’s becoming more and more popular to start digitizing leases. Find out the best places to create, manage and monitor your digital leases.
Last, but not least, are you considering renting to a short-term rental business? Here’s everything you need to know.
This week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, goes over when you should start advertising your rental property.
What happens when a tenant refuses to get rid of a rental appliance? We’ll review how to handle appliances correctly if they are under rent control.
Last, but not least, we’ve got the latest on the rental market including housing trends for last month. Tune in, you might be surprised.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, goes over basic landlord responsibilities including property maintenance.
The NY rent assistance program could come to an end here soon. We’ll go over everything you need to know about the upcoming changes.
Are the fair market values for rent on Zillow reliable? Find out our thoughts in this latest episode.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about tenants that signed a lease agreement, but then inform the landlord they won’t be moving in because they’ve found another property. What do you do?
Emergency funds are a thing to have when owning a rental property. Find out just how much to put off to the side.
Last, but not least, what happens when your state introduces new HUD Laws? Determine whether or not you need to switch up your rental property descriptions from here on out.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about reimbursing tenants. In this specific case, we’ll talk about a renter with a running toilet that now wants to be reimbursed for the water bill.
How do you keep stray cats away from your property? Find out how to harmlessly keep something like a cat away from your rental property.
Last, but not least, you have a handy tenant who wants to help you replace a window. Should you let them? Find out in our latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about what to look for when investing in your first multi-family rental property.
What happens when your tenant gets offered a new job out of state? Find out what to request from your tenant in order to continue their lease.
Last, but not least, a tenant approaches you and tells you that their employer will be paying their rent. Find out what kind of information to request from the employer.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about the rise of mortgage rates and the impact it will have on the rental industry including just how much you’re paying per sq. ft on a house now vs. years prior.
We’ll also chat about a Buffalo, NY landlord that abandoned multiple properties, many of which had dozens of lead paint violations totaling around 5.1 million dollars. Find out what the city’s solution is for the hazardous situation and more!
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about the importance of doing due diligence as a landlord, including calling other landlords.
Well, you’ve found the best tenant ever and you’re so excited for them to sign the lease. But, yikes! It’s been ten days and you haven’t heard a peep. Find out what to do!
Last, but not least, one of your elderly tenants called to request a safety bar in your rental. How should you handle the request?
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about how to change a lease agreement when the tenants are getting a divorce.
What happens when you need to find the address of an existing tenant? Find out how to figure out where an old tenant lives.
Last, but not least, at one point, you tried to be nice by breaking your tenant’s rental payments up while they tried to reevaluate their finances. Now, the tenant has stopped paying. What do you do?
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about the best time to collect security deposits.
Learn what you should do when your rental appliances stop working and your tenant complains.
Last, but not least, do you pay a tenant that wants to do work on your rental property? For example, pressure wash a deck. Find out in our latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about a tenant that found BB Gun shots in the window from the rental’s neighbors.
Evictions are up and likely to increase! Here is what to expect within the next two months in the court system.
Last, but not least, how long does it take to get roaches out of an apartment and how do you as a landlord handle a pest infestation situation? Find out in our latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about how to best handle lease agreements when you own multiple rental properties. Should you scatter the lease renewal dates out?
So, you’ve purchased a duplex and have new side-by-side tenants. How do you keep them happy? Maybe it’s a get-together to introduce each other or a quick introduction during move-in day. Learn more during this podcast.
Last, but not least, it’s about that time to do your seasonal maintenance wrap-ups! Find out the best way to coat a cement porch before Winter hits.
In this week’s episode, Podcast Host & Property Manager, Andrew Schultz, chats about renters insurance and how it can help not only benefit a landlord, but also a tenant during their rental stay.
What do you do when a tenant leaves an inoperative vehicle at your property? For example, one where the tires are all flat and you have to call a tow company to move it. Who flips the towing bill, tenant or landlord?
Last, but not least, learn more about the liabilities that come with accepting rent payments upfront from a tenant.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about how your neighbor’s lifestyle could affect whether or not your rental property remains occupied.
What do you do when you have a current tenant that asks if their friend can occupy the rental unit with them for a few months? Find out in our latest podcast.
Last, but not least, learn about a landlord that failed to keep up with their property inspections and what they found upon arrival of picking inspections back up again.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about requesting tenant ledgers from property owners selling their rentals.
Not sure where to dispose of old appliances? Have no fear, we’ll give you our best tips on how to get rid of older units from your rentals.
Last, but not least, should you change the locks between tenants? The answer may surprise you. Listen to the latest podcast to find out.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about how to prevent landlord burnout while expanding your real estate portfolio.
Wondering what to do when you find out your tenants have pets without your permission? Look no further, we’ll talk about how to best handle the situation.
Last, but not least, learn about a landlord who found out that their tenant was using a balcony as a source of relief for their pets. Listen in to the latest podcast below.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about one story in Denton County, Texas where Section 8 Landlords are going to start getting fined $300.
When the water is slower than usual in your rental property or any property for that matter, where’s the first place you should investigate?
Last, but not least, at what point should you pass over your property’s bookkeeping to a professional? Find out in our latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about who cleans up after pets once tenants move out.
What happens when you have a tenant who is attempting to sell your rental while living in it? Yep, apparently, it’s a thing.
Last, but not least, what is an at-will tenant and how does that differ from a tenant that is on a month-to-month lease term? Find out in our latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about how to charge for a high-end rental.
So, your tenants call and complain about a drainage issue on the property from the garage to the basement. What are the most common ways that drainage is set up around a property?
Lease renewals: Find out how much to notice to give to a tenant when thinking about renewing a lease.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about how to go about charging tenants for any damage they caused to a rental property.
So, your tenants were given a move-out date and agreed that it would work for them, but days after that date, all of their belongings are still in the rental. What do you do?
As a landlord, can you request for rent up to a year? Find out on our latest podcast.
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about using electronic locks for rental properties and which ones are Rent Prep’s top picks.
Can you look up a tenant’s criminal history? You sure can. But, what you can do with the information is a puzzle on its own. Find out more by listening to our latest podcast.
In this week’s episode, Podcast Host, Andrew Schultz, chats about tenants that make a request for an unnecessary repair or upgrade.
When dealing with contractors for your rental, find out if it is the tenant or the landlord’s responsibility to let the workers in.
Last, but not least, find out what a landlord should do when a tenant is allowing their children to create unsafe conditions at a rental property.
In this week’s episode, Podcast Host, Andrew Schultz, chats about using a realtor to find and screen your potential tenants.
We’ll also go over a recent story about squatters that moved into a family’s newly purchased home. Let’s just say the family was surprised to find people living there after just buying the property on the market.
In this week’s episode, Podcast Host, Andrew Schultz, discusses how long to give tenants to vacate a rental property that you are selling. We'll also go over what to request prior to purchasing an income property. For example, current leases, payment history of tenants and more. Last, but not least, should landlords photograph a fully-furnished apartment or an empty rental? What attracts tenants more? Find out in our latest podcast.
In this week’s episode, Podcast Host, Andrew Schultz, discusses messy tenants and the negative impact that they can have on your property. What’s better for profitability, a condo or a single-family rental? If conditions were nearly exactly the same, which would you choose and why? We’ll discuss our answer.
Last, but not least, find out the steps to possibly take when you have a hoarding tenant that is protected under the Fair Housing Act.
In this week’s episode, Podcast Host, Andrew Schultz, discusses the importance of emergency funds for rental properties, how much to save, where to save and more. Sometimes, tenants just don’t get along. As a landlord, it’s crucial to know how to deal with fighting tenants.
Last, but not least, we’ll go over our top tips for converting a single-family rental to a multi-family unit.
In this week’s episode, Podcast Host, Andrew Schultz, discusses the topic of rental property scams. What do you do if someone swipes your property photos to create a fake listing? Find out. Sometimes during the application process, you’ll come across applicants applying from out of state. If you’re accepting an out-of-state applicant, it’s important to make sure you follow the proper protocols to obtain a signed agreement and security deposit.
We’ll also chat about the industry’s best practices for late payments. When is it too late to accept a rent payment? Find out in this week’s episode.
In this week’s episode, Podcast Host, Andrew Schultz, explores the topic of landlords stumbling across unauthorized pets in a rental property as well as guests! Find out how to approach your tenant about the situation, when and how to send a notice to tenants to remove the pets and people and more. We’ll also chat about the latest COVID-19 precautions to take when dealing with tenants including a tenant’s rights pertaining to COVID-19 and your rights as a landlord.
In this week’s episode, Podcast Host, Andrew Schultz, explores the topic of cleaning fees for rental properties including a discussion around how to charge and price out the services.
My oh my! If you’ve recently discovered asbestos on your property, you might be wondering how to handle the situation, especially if you have a tenant currently living in the rental. No worries, we’ve got you covered!
Last, but not least, we’ll chat about tenants that want to use property for office-use. Are there specific code enforcements when running a business on the property that landlords should know about? Find out in our latest podcast.
In this week’s episode, Podcast Host, Andrew Schultz, chats about tenant-proofing a rental including what appliances to invest in, services and more.
Yikes! What should a landlord do when a tenant refuses to fill out a W9 and why would a tenant need to fill out a W9 anyways?
Last, but not least, we’ll chat about a problem tenant that is claiming that people are forcefully breaking into a rental. Listen in now!
In this week’s episode, Podcast Host, Andrew Schultz, goes over what to do if your tenant is a hoarder including what to expect when you want to take action.
Lease renewals are always a hot topic amongst landlords. But, how far in advance should a landlord propose the signing of a new lease?
Last, but not least, rental applicants that want to rent site-unseen from you are not uncommon. We’ll give you a few best practices on how to screen these specific tenants.
In this week’s episode, Podcast Host, Andrew Schultz, how important it is to have a plan of action going into a house hacking scenario.
We learn the story of one landlord that was doubting hiring a property management company because of costs. So, how much should someone pay?
Last, but not least, what does a landlord do if they find evidence of smoking after the tenant moves out? To charge or not to charge, that is the question.
In this week’s episode, Podcast Host, Andrew Schultz, discusses the rise of fake paystubs and the impact it can have on landlords during the rental application process. What happens when you find a highly-recommended painter to fix up your rental property, but they don’t have something like business liability insurance? We’ll go over the best practices for hiring independent contractors.
Discover the story of a tenant that signed a $10,000 contract to have a rental property bathroom remodeled. Oh yeah and all without telling the landlord. Yikes! Listen in to the podcast for details.
In this week’s episode, Podcast Host, Andrew Schultz, explores the ins and out of renting out your property to traveling professionals, such as nurses.
If your rental is near a college, sometimes students put down a loan as a source of income. But, can student loans be used for housing? Find out the pros and cons of this specific scenario.
Last, but not least, your tenant loses their job, now what? Discover how to go about the process of working with your now unemployed tenant.
In this week’s episode, Podcast Host, Andrew Schultz, goes over his tips and tricks to ensure that tenants remain in compliance with their lease agreements.
This past year’s rental market has been on both sides of the spectrum; in some areas, rents are being raised, in other areas, rent just isn’t being paid. Here’s our outlook on the current state of the rental market.
Last, but not least, when does one list a tenant-occupied property for rent? Find out in our latest podcast.
In this week’s episode, Podcast Host, Andrew Schultz, goes over Section 8 inspections and what it means for landlords, including what to do if a Section 8 inspection fails.
If you’re starting to reign in the rental applications, you might come across some potential tenants that are staying in the U.S. using a Visa. Discover what to look for when sorting through international applicants.
Last, but not least, one landlord tells the story of what could have been a really bad tenant experience had they not done their due diligence tenant screening. Listen in now.
In this week’s episode, Podcast Host, Andrew Schultz, chats about renting to companies that would like to provide housing for their employees. Discover the stipulations for this type of arrangement.
What should you do when a tenant with poor credit offers you a year’s worth of rent upfront? Sounds like a pretty sweet deal at first, but is it really? The answer may surprise you.
Last, but not least, we’ve all had that one contractor that wanted their money upfront before ever finishing the job. But, how many of you have had the contractor that did finish the job for a pretty penny, but your expectations were not met? Find out how to handle this particular situation.
In this week’s episode, Podcast Host, Andrew Schultz, talks about tenants running a business from your rental property. Can a tenant run a business from a property if they are just renting?
Neighbor disputes have been around forever. But, what happens when the dispute is between a neighbor and a tenant. Landlords, find out if you should get involved in the riff-raff or leave it be.
Last, but not least, we’ve got one story of an unwanted property guest that got lost in the property. How do you get lost in a rental? You’ll want to hear this one.
In this week’s episode, Podcast Host, Andrew Schultz, chats about how to prove damage to a rental property caused by a tenant.
Are you thinking about investing in a multifamily property? We’ll give you our best tips on what to look for when purchasing an investment property.
Last, but not least, we’ve got one story of a rental applicant who accidentally texted a landlord something that they shouldn’t have! Find out what it was by listening in.
Podcast Host, Andrew Schultz, chats about returning security deposits to tenants, including when to keep the deposits and when to give them back.
We’ll also give you tips on what to include in a tenant reference letter, also known as a landlord recommendation letter.
Last, but not least, we’ve got one story of a landlord who was experiencing an issue with the neighbor’s dog doing its dirty business on their property. Listen to our latest podcast to hear the rest of the story and more!
Podcast Host, Andrew Schultz, will go over the best practices for having AC Units in your rental property, including what to do when your tenant’s power bill starts to double in price.
There are certain things you should and should not ask on a rental application, including a prospective tenant’s social security number. Find out the best time to ask for a potential renter’s social security number.
Last, but not least, is a notice to quit acceptable through text? Find out by listening to our latest podcast.
Podcast Host, Andrew Schultz, goes over what to look for when hiring a property manager to look over your rental property.
What do you do when your tenant vacates the rental property, but forgets to forward their mail? Legally is it the landlord or tenant’s responsibility?
Last, but not least, we’ll go over the ins and outs of renting to college students that have no prior renter experience.
Podcast Host, Andrew Schultz, goes over the best practices for raising rent in today's crazy real estate market.
Next, a tenant calls you about a leak on your property, so you rush over to see what the issue is. But, what comes after that? Do you call insurance, find your tenant temporary housing?
Last, but not least, is it common for the tenant to request that you are on the property when a contractor is making a repair? Find out now.
Podcast Host, Andrew Schultz, goes over the best practices on how to reduce rental vacancy.
What happens when you have rental applicants that applied to occupy your rental, but have never even seen the property? Nowadays, the practice is more popular than you think.
Last, but not least, is it okay to accept incremental payments as a landlord or does it hurt your business? Find out now in our latest podcast.
Podcast Host, Andrew Schultz, goes over best practices for landlords that are renovating occupied rental properties, including a tenant’s rights during the renovation process.
Next, property keys. Can your tenant change the locks without permission? Oftentimes, this type of permission, if any, is written into the lease agreement.
Last, but not least, the impact of COVID-19 on the real estate industry has been immense. Here’s what to do if you're approached by tenants who want to stay in your property, despite you not wanting to renew their lease.
If you currently are roommates with your tenants, Podcast Host, Andrew Schultz, gives his best tips for creating a solid landlord-tenant relationship.
What are the best methods for presenting and signing a lease agreement? Listen in to discover the most popular methods we have seen.
Last, but not least, we'll chat about providing appliances in your rentals. Is it a must? Find out now.
Podcast Host, Andrew Schultz, discusses co-signers on leases. What happens if you have a couple or a group of family members that are applying to rent your property? Here’s how to handle co-signers for your rentals.
Sometimes, tenants can really start to put a damper in your day with their constant complaints. So, how do you manage to calm a complaining tenant while not getting burned out? Andrew offers his tips for dealing with complaining tenants.
Last, but not least, drug testing tenants. Is it legal? Find out in our latest podcast.
Whether it’s a tenant who has a guest over every single day since they moved in or are hoping to have some friends over for a party. Podcast Host, Andrew Schultz, discusses where and when you should draw the line when it comes to your tenant’s guests.
Spring is here! Are your rental property lawns intact? Find out how to button up an agreement with tenants to ensure your lawn stays maintained.
Last, but not least, what happens when rodents chew out your tenant’s car wires? Discover if the responsibility falls on you or your tenant.
Podcast Host, Andrew Schultz, chats about renters insurance. Although it’s often not required, it may still be a good investment for those that are on the leery side of renting.
Contacting former landlords, is it legal and should you consider it when renting out your property to new tenants? Find out in this week’s cast.
Last, but not least, we’ve got a story about a couple that requested a refund of their application fee because they were denied tenancy.
Podcast Host, Andrew Schultz, chats about divulging information about a rental property’s criminal history. Do you have to tell tenants that the property has a bit of a past?
Find out if “rent discounts” are a thing in 2021 and suggestions on how and when to implement them for your best tenants.
Last, but not least, Andrew talks about the best way to handle tenants threatening legal action.
Podcast Host, Andrew Schultz, chats about tenants who violate the subleasing terms set out in their contract and how to best handle the situation.
Tax season is here! Have you received a W9 request from your tenant’s employer? If so, you’re not alone. Find out what to do when you’re asked for this information.
Last, but not least, we’ve got a story about tenants who had one too many and found themselves crawling through their landlord’s doggy door.
What should you do when you find an old federal tax lien on a rental applicant’s credit check, but it’s been over 20 years since the lien first appeared? Podcast Host, Andrew Schultz, explores this particular situation in this latest episode.
Plus, Andrew will go over the very basics of how to start the process of selling your rental property.
Last, but not least, home warranties for your rentals, are they worth it? Find out in our latest podcast.
Podcast Host, Andrew Schultz, explores the idea of coin-operated laundry machines in rentals. Is it a good idea? Would it turn a better profit?
Also in this episode, what happens when you’re trying to do renovations on a multi-unit property, but it’s disrupting your tenant’s sleep schedule?
Last, but not least, what do you do when you see an amazing investment opportunity, but the catch is that you’ll be stuck with bad tenants right off the bat? Find out in our latest podcast.
Podcast Host, Andrew Schultz, discusses how to break up with your difficult tenants, including a discussion around strategies like cash for keys and evictions.
Also in this episode, Andrew chats about owning a rental property with HOA management. Is it a good idea?
Last, but not least, the latest on California’s pledge to cover 80% of unpaid rent to landlords. Is there a catch and will other states follow their footsteps? Find out in our latest podcast.
Podcast Host, Andrew Schultz, chats about screening and leasing to couples. Should you just put one person on the lease? What if one applicant’s tenant score is significantly higher than the other applicant?
Also in this episode, Andrew discusses the definition of “normal wear and tear,” and how to make it clear to tenants what is allowed and what is not.
Last, but not least, what are the best practices for move-in and move-out inspections? Should you conduct your inspections with tenants or no? Find out in our latest podcast.
Podcast Host, Andrew Schultz, chats about cannabis in rentals. Is there a line that you can draw despite it being legal in some states?
Also in this episode, Andrew discusses a story of tenants who overpaid for more than a year and never realized it.
Last, but not least, how do you handle tenants who want to make a repair to your property themselves vs. hiring out a contractor? Is it a good idea? Find out now in our latest podcast.
Podcast Host, Andrew Schultz, chats about rent rate trends around the U.S. including what states are seeing a rapid decrease and what states are seeing an exponential increase.
Also in this episode, Andrew discusses how to manage mailboxes in a shared rental. Should you just have your tenant get a P.O. Box?
Last, but not least, what happens when a tenant refuses to let a contractor in because they think the repair reduces the value of their rental? Find out now in our latest podcast.
Podcast Host, Andrew Schultz, dives into holiday gift-giving for tenants. Is it appropriate to give your tenant a gift and if so, what are popular gifts to give?
Also in this episode, Andrew discusses the importance of something as simple as a shower curtain and how that plays into renters insurance.
Last, but not least, how do you get a tenant who is consistently paying late to change their ways? It may not be as difficult as you think.
Podcast Host, Andrew Schultz, goes over renting out gym equipment to tenants, liabilities to consider and whether or not it’s a good idea.
Also in this episode, Andrew discusses how to deal with contractors that decide to do work before ever having authorization to do so.
Last, but not least, have you heard about tenants flushing couches down the toilet? It’s happening. How about tenants flushing quikrete down the toilet? We’ve got some pretty entertaining stories for you this week, listen in to hear the full scoop.
Podcast Host, Andrew Schultz, goes over what passed at the state level for real estate investors as a result of the 2020 election.
Also in this episode, Andrew discusses how long to keep old tenant files before discarding them. Should you keep old tenant files forever?
Next, what happens when a tenant signs their lease and hands over their security deposit in advance? Should you give the tenant early access to the rental?
Last, but not least, how much notice should you give a tenant for inspection? Find out by listening in.
Podcast Host, Andrew Schultz, goes over the latest trend to hit the rental market; fraudulent rental applications. Due to COVID-19, the industry has seen an enormous spike in faulty paychecks, identity theft and more.
Also in this episode, Andrew discusses how to handle tenants who are complaining about noise in a multi-family home. Can the issue be resolved in an orderly fashion?
Last, but not least, we'll go over charity donations and one case in particular where a landlord asks a tenant to substitute the rent payment with a charity donation. How does that work and is it a good idea?
Podcast Host, Andrew Schultz, chats about rodent control on rental property. Who is responsible, landlords or tenants?
We’ll also discuss sharing home equity with a tenant. Is it a good or bad idea? What other options are there besides sharing equity in a rental property?
Last, but not least, we’ll discuss utilities for rental properties. Should the utilities be in your tenants’ name? Find out all of the above and more in our latest podcast.
Podcast Host, Andrew Schultz, goes over essential questions to ask potential tenants and the top red flags to look for when screening renters.
Andrew also discusses a new ruling in Portland, Oregon that states landlords must now pay their tenants' relocation costs if those tenants can't afford the rent increases they're imposing.
Last, but not least, how often should you be checking in on tenants if at all? Find out in our latest podcast.
Podcast Host and Property Manager, Andrew Schultz, goes into detail about tenants who refuse to sign a release form to show and sell your rental property.
Plus, the best tips on how to handle tenants with little to no credit history, and a heartwarming story of a tenant who painted a mural for a landlord as a thank you.
Podcast Host, Andrew Schultz, goes over how to manage tenants who remodel your rental property without your permission. Are they allowed to do so and do you have to pay for the property renovation?
Also in this episode, we’ll discuss an ongoing email scam that landlords should be made aware of. Plus, we’ll chat about tenants who refuse to sign a lease until specific repairs are made.
In this podcast, we’ll go over Section 8 vouchers, how they are used in the rental industry and the rules behind accepting them.
We’ll also discuss how to deal with neighbors who are not fans of your tenants and compensating tenants while repairs or renovations are taking place on their apartment. Should you pay tenants for the inconvenience? Find out now.
Inheriting tenants can either be the best thing ever or a nightmare. Podcast Host, Andrew Schultz, goes over the best practices for inheriting tenants, including whether or not you should keep the tenants and how to handle their leases.
Also in this episode, we’ll discuss tenants who vacate the property, but forget about everything in the fridge and how to manage a bad tenant.
Renting properties out is a business. When you have four or five rental properties, managing accounts can become somewhat of a task. So, how do you keep your tenants’ accounts organized while still maintaining your personal life? Podcast host and Property Manager, Andrew Schultz, explores the topic.
Plus, we’ll discuss what to do if you’ve lost your tenant’s lease and how to handle tenants who ask for a reduction in rent.
When you go to show a rental property, how much information should you disclose? Maybe the neighbors are sensitive to loud parties or the basement floods a little when it rains. Whatever it is, podcast host, Andrew Schultz touches on how to much to disclose to tenants and more.
Also in this episode, we’ll discuss security cameras on rental properties. Should you have them? Are security cameras legal?
Last, but not least, Andrew talks about tenants who want to break their lease early, how to handle security deposits and more.
Rather than go through the eviction process, landlords have the ability to offer tenants a lump sum of money in exchange for a tenant to vacate the property, also known as cash for keys. In this podcast, we’ll go over the best tips to make a landlord and tenant happy with any cash for keys agreement.
Also in this episode, we’ll discuss New York City’s worst landlord and how to handle tenants who lie on rental applications.
What happens when your tenant’s renters insurance or your homeowner’s insurance doesn’t cover an unexpected sump pump flood? In this latest podcast, host Andrew Schultz talks about insurance coverage for property damage and how to manage tenants who refuse to take responsibility.
Plus, we’ll chat about what to do with potential tenants who recently decided to change careers. Should you lease to them? Listen in below.
When a close friend tells you how much of a great tenant they would be, would you consider renting to them? Listen in to hear what Property Manager & Podcast Host, Andrew Schultz, has to say about renting to friends.
Also in this episode, we’ll discuss the end of The Cares Act and tenants who ask for their security deposit back 30 days too early.
Let’s say you want to upgrade the kitchen in your rental. Currently, you have a tenant living there. What are the rules and regulations when it comes to construction on rental properties that are occupied? Find out in this latest episode.
Plus, we’ll chat about the most popular ways to structure bank accounts for your rental properties. Should you have a separate bank account for each property? Listen below.
Podcast Host, Andrew Schultz, discusses how to choose an online rent payment company, including the discussion of well-known systems like PayPal.
We’ll also chat about odd-document requests from tenants and how to respond. Your rental property’s inspection paperwork? No need to show a tenant.
Last, but not least, we’ll discuss a tenant who ripped an entire rental property down to the studs post-eviction and how to handle these types of situations as a property manager.
Setting the rent price for your property doesn’t have to be stressful. Host, Andrew Schultz, goes over a few tips on how to set the correct price for your rental property.
Plus, we’ll chat about insurance policies on rentals and the most common policies typically used by landlords on rentals.
Last, but not least, we’ll talk about tenant parties. If invited, should you go? Is it professional to show up to your tenant’s party or should you just politely decline? Find out in this latest episode.
Should you market your rental properties on something like Zillow or Craigslist? Or, maybe Facebook is the best option. TIme & time again, we hear the question, “How should I market my rental property to find tenants?”
Property Manager, Andrew Schultz, talks about marketing your rental properties on this latest podcast. Plus, he’ll go over tenant rental applications and what to include, contract clauses in tenant & landlord agreements.
Often as a landlord, you're put in a situation where you need to notify potential tenants that their renter’s application has been denied. But, how do you do so in a professional manner? Learn more about denying a tenant’s application in this latest episode.
Plus, we’ll go over how to manage unnecessary requests from tenants. For example, maybe they’re asking for a new stove, but the old one still works.
Last, but not least, we’ll tell you one story about a tenant who was so upset about an eviction that they left pounds of raw meat in the vents upon leaving.
Mom & Pop landlords haven’t seen much sympathy lately other than a few forbearance options here and there. With eviction moratoriums still in place for a few states, landlords are finding it harder to keep up with payments on their rentals, let alone their own family homes.
In the meantime, unnecessary tenant requests are on the rise like requesting a new stove connection that’s working just fine.
Podcast host, Andrew Schultz, talks about all this and more including a tenant story that made his father-in-law laugh so hard he almost fell out of his chair! Let’s just say, it included a frying pan and a very angry tenant. Listen to the podcast below!
Manhattan apartment sales haven’t seen this kind of plunge in nearly 30 years. The struggle to find buyers in today’s commercial real estate market is real as buyers sit on their hands and wait out the storm.
For current landlords, the question of, “do I show a property with a tenant currently living in it because I need a new tenant next month?” remains. With COVID-19, showing properties has been one of the major concerns for landlords around the world.
In this latest episode, Andrew Schultz chats about all of the above including what to do with tenant’s belongings after they vacate the premise, what to look for in a property manager, and how to deal with cash rent payments.
It has been a long and treacherous road for landlords. From evictions to past due mortgage payments, COVID-19 has had quite an impact on the rental industry. The latest news to hit the market includes new forbearance options for landlords to help them retain their properties.
For NYS landlords, the Tenant Safe Harbor act is passed, heavily impacting the already existing argument around eviction moratoriums. With the new act in place, a court cannot use unpaid rent (accrued during COVID-19) as the basis for a non-payment eviction of a tenant who couldn’t pay rent.
A wave of evictions is sweeping across the United States as state eviction moratoriums are steadily being lifted. Will landlords be able to make up for lost rent and what will the future of renting look like?
Facebook has recently changed their ad platform to make it difficult for landlords to discriminate in ads on the platform, Boston is proposing a new rule for landlords and you might have money sitting on the roof of your rental.
Small town searches (under 50,000 population) are up 71% on Redfin. The crazy part is that’s the least significant number on where trends are heading...
COVID-19 and protests have created a shelter in place and curfews in huge cities. With the sudden ability to work remotely many employees are skipping town...
We’re looking at the housing markets and availability of service contractors to keep up with the demand.
Can adding Big Foot to your rental property listings help you fill a vacancy faster? Let’s dig into the data and learn more.
In the last economic crisis, Wall Street moved in when real estate prices were low and gobbled up a lot of the rental market. Will the same thing happen with COVID-19?
Airbnb has been hit extremely hard by COVID-19 along with the hosts that rely on the platform for bookings. In this week’s podcast we deep dive into the world of short term rentals during a pandemic.
We cover questions from our community from an angry tenant and how to handle abandoned property.
How do we break from this “class warfare” during a difficult time? We discuss expectations vs agreements and how a personal story might give you a better understanding...
With malls collecting on 10-25% of rent what does the retail atmosphere look like in 6-9 months?
A rent strike could create short-term relief but potentially at the renters own expense. Learn why in today’s podcast.
In this news roundup we look at articles from across the web to get expert opinions on how COVID-19 will impact real estate valuations going forward.
Being a landlord is not easy but it just got a lot more complicated. The stress and anxiety can be overwhelming but there are ways to cope. Listen in as LMHC Nicole Mosey discusses ways to cope with difficult times.
COVID-19 is impacting all of us in one way or another. That’s why we’ll cover some simple tips to keep your sanity.
Be sure to come up with a game plan of what you’re going to do with your rentals and communicate that with your tenants. Remind them that they’re not to flush napkins, paper towels, or wipes down the toilet.
Andres is not short on passion when it comes to the topic of real estate and especially the effects of rent control. Listen in to hear his thoughts.
The FBI and IRS teamed up to take down one of Rhode Islands largest fraudsters in history. Learn what red flags were raised that real estate investors should be aware of.
A quick-moving recap from previous guests to see what’s new and how their real estate journey has progressed.
Learn the backstory of this massive fine and what we as landlords and property managers can learn from it.
Rent control can have a negative impact on the people it’s suppose to help. Simply put, investors don’t want to build new housing stock in places that are less profitable.
We cover four common scenarios where landlords have internal conflict created by cognitive dissonance
Will the future of selling your home be as simple as requesting an offer and passing it off to a company like Zillow? Their numbers suggest that might be true.
Documenting your work so you can outsource it is a huge help in your business. It will give you back time to work on other areas of the business.
30 cities represent 40% of the population but 60% of all new job growth. Learn how this affects the overall rental market.
Did you know Caterpillar equipment is an upstream indicator on new construction? Makes sense right? Listen to get more details on this subject matter.
It sounds innocent… just a fire pit. But then it turns into 500 to 600 pounds of damage. Hear how one guest across the pond describes her english garden nightmare.
Newton’s Third Law is worth considering before any sweeping policy changes go into effect.
We discuss trends to avoid with your kitchen remodels and what will stand against the test of time.
I’m very thankful for RentPrep, the community we serve, and those of you that listen to this podcast. Thank you!
Lindsey is a patient landlord who was generous enough to share his story with us. He’s learning on the job and wanted to share his experience for all to learn from.
Mindfulness and meditation is all the rage these days as apps like Calm and Headspace have become mainstream. I talk about a few things to keep in mind when you’re stressed and in a difficult situation.
We’re also discussing the new real estate platform “Ribbon” making waves along with shorting NYC developers due to rent control laws.
In Philly, a bill is going to vote to see who is responsible for bed bugs between landlords and tenants while Michigan lawmakers will vote on harsh penalties for falsified ESAs.
I share my overall experience from selling my first rental property. I also share about my thought process for selling and why I decided it was the right decision moving forward...
By implementing a few practices in your tenant screening process you can help reduce your exposure to fraudulent applicants.
We also bring up the crumbling powers that be at WeWork and the best time of year to buy a home.
We discuss why FICO scores have gone up so much and what you should know as a landlord.
If you invested one million in San Fran real estate a year ago, you’d have 1 million in real estate today. This is after incredible growth, find out what it means to you.
We discuss the merits of biweekly rents, offering alternative security deposit options, and how much Taylor Swift was paying in rent in NYC.
An AOB is an assignment of benefits where you give a third party contractor the right to deal with your insurance claim and receive direct payment. We explain why these are not a good idea!
In this week’s In the News, we discuss micro-apartments in NYC, landlord/tenant Immigration law in Illinois, creative ways landlords are getting around new rent rules, and how venture capital money is driving up rents in the Bay Area.
It’s been an up and down week with the high being a successful open house and the low being a potential $5k+ sewer line replacement. I share all the details in this week’s recap...
Rent to own is not uncommon but Alex and Will are doing it several different ways. They do Build to Own and also rehab properties to set up rent to own relationships. Listen in to learn more
How to handle difficult situations and a look into the unsettling reality for one landlord.
My memetic is to do everything DIY. I got this. I can do it! Frankly, it’s exhausting and it’s the reason I’m selling the rental property. I share the details in this week’s episode.
If you self-manage your rental and you’re thinking of selling it you have other options. You could hire a property manager as well. We break down all the data on a real-life example...
Your mental mood can fluctuate quickly. That’s the topic of discussion on today’s episode plus a new change happening in PA for criminal records and how to pre-screen using Google Forms.
We think we’re in control of our decision making but there are emotional systems under the surface running the show. Behavioral Economics is the study of why we make irrational decisions.
In the news this week we discuss LA tinkering with a vacancy tax for landlords, immigration reform pushing to evict 108,000 immigrants, how A.I. is changing REI, and fun facts about landlords.
I’ve had a lot on my plate as of late and continual speed bumps during a renovation at my rental property have amplified this. I find myself spitting out my trigger word a lot lately.
The ordinance would also disallow property owners from denying an application because of an insufficient credit history, credit scores lower than 500 and eviction judgments more than three years old.
The average rent in Mountain View, CA (home of Google) is $4,150. This is leading to many people (including employees) to live in vans parked in the pristine streets and some people are not happy about it.
Robert Morgan is one of the largest landlords in the United States and it turns out he’s been running a ponzi scheme to scam private and commercial lenders. More details abound in today’s episode.
This is something I struggle with at times but I’m getting better at. I talk about the old adage of working on your business instead of in it and how to apply this thinking to being a landlord or property manager.
The first settlement of it’s kind addressing privacy concerns from tenants over smart locks that have data sharing apps. Something to be aware of before dropping lots of money on smart devices for a rental.
Criminal records are being expunged and moved to the back of the tenant screening process. Hear how recent news is affecting landlords nationwide.
We read off some funny excuses that came over from Property Management Memes on Facebook. This is worth a good chuckle or two...
Changes to Vancouver mortgage laws coupled with aggressive vacancy taxes have mansion owners renting out their homes on the cheap.
We share the details of this story and what lessons we cautionary lessons we can learn from it.
We talk about VAWA, rent control in Massachusets, and activists marching in Berlin for rent control
Landlords are highly profitable in low-income housing according to this research paper. The negative aspect that this high floor is creating issues for the poorest neighborhoods.
Facebook has recently changed their ad platform to make it difficult for landlords to discriminate in ads on the platform, Boston is proposing a new rule for landlords and you might have money sitting on the roof of your rental.
Jay Papasan is the best selling co-author of “The One Thing” and he shares his thoughts on why multitasking is a myth, why willpower is limited, and how to structure your goals.
The Chrysler Building is set to sell for $150 million despite being purchased in 2008 for $800 million. The real estate bubble is a big reason for why the huge drop in value but another reason is that the ground is owned by a private school called the Cooper Union school in NYC.
Jason Hull is the founder of DoorGrow a Property Management consultancy. He shares his insights on the struggles that PMs and landlords face with growing portfolios.
We also cover stories on NYC vs. Airbnb, a Berlin housing revolution, and a 40% tax deduction on rental property in St. Paul, and
We also discuss recent news coming out of Detroit, Glendale, and the Twin Cities involving “Ban the Box”, relocation fees, and suing the city.
Turns out mortgage lenders have figured out that this data is extremely accurate in predicting the probability that a mortgage borrower will default on their loan.
We’re talking about how to get yourself out of a rut and fired up. You need a big picture, something bigger than money or independence. Tune it to find out more...
This week we’re covering recent news stories including the Rent Relief Act, a record real estate deal in NYC, collaborative living in NYC, and a hidden gem in a commercial property.
We’re talking about an aligator that is an ESA, Rent Control in Oregon, Cats for tenants and other crazy stories.
On 1/5/19 HUD failed to renew 650 rental assistance programs with another 1,050 scheduled to lose funding in the coming weeks.
If you have a weekly expense you can multiply it by 752 to get the 10 year cost of that expense. If you have a monthly expense you can multiply it by 153 to get there too. We explain how these numbers affect your ability to retire on time or even early.
Dan shares his top 10 tips on managing rental properties that he has learned from interviewing over 100 guests on his podcast.
We’re about to embark into 2019 and we thought it would be a great opportunity to rebroadcast our episode with Dr. Roger Firestien.
Sometimes it’s easy to get caught up in the moment. Here’s why Eric thinks Julie Andrews wouldn’t feel so bad. Happy Holidays!
If a tenant falls in the woods but a landlord didn't hear it... does it still make the neighbor's complaints legitimate?
Okay, so that's a little bit of a stretch but we have to admit that dealing with tenant noise complaints is a very difficult situation.
That's why we asked Don Krupens of Lawvex to share his insights on this matter.
Liz Faircloth along with her husband Matt run the DeRosa Group. They own over 300 rentals and invest all over the North East.
She's a great guest in that she has a wide array of experiences consulting with CEOs, helping to run her real estate investment firm, and being a wife and mother.
She balances it all and shares her insights on what it takes to go into business with your spouse and how to navigate a male-dominated industry as a female.
Renter crisis, Portland Housing discrimination, and a sticky tenant situation involving a church and gaming machines.
Being thankful and changing your perception of your situation is one of the quickest ways to change your outlook.
Imagine going through a vacant rental and finding a 6 foot alligator… it happened in Kansas City Missouri. We discuss this and other recent new stories.
Jennifer Ruelens is not only a property manager but she also teaches courses to landlords on property management. She shares with us her best eviction tips.
Eric was able to catch up with old friend who’s been busy investing in real estate full time. Jesse is an a great guest because he honestly shares his successes and failure.
We’re discussing two major lawsuits filed against a landlord and screening agency respectively along with a funny end to the podcast...
A new tax incentive similar to (but better than) a 1031 exchange where you can save up to 15% on capital gains.
Within the past week there has been two murders in the news. One of an innocent landlord and another in a landlords house. We discuss the sad reminders.
Steve and Eric break down some of the learnings from the National Association of Residential Property Managers conference.
Eric runs through these 11 tenant evaluation tips and provides further context on each one.
This week we discuss cooling rental prices, a landlord who double-dipped and now is paying for it, and a sad/happy note. We also have a great landlord hotline call to discuss.
Sara McGraw-Abdall of the Landlord Liaisons will be guiding us through Section 8 and answering all of your questions.
He toggles from the ER to RE and discusses how he grows his real estate business from his full time job as an Emergency Room Doctor. He also shares how he bought a rental with his 12 year old son.
Michele and Bruce own 8 units that are in a low income area. They share their techniques and practices for getting quality tenants and how they deal with situations that arise.
Mike Simms is a top 1% earning real estate agent in Long Island.
He's a little crazy but full of motivation.
We talk about understanding your why and how to find the motivation to overcome difficult situations.
This is a must listen for anyone feeling in a funk or tough spot.
These two investors swim upstream against the currents of cash flow rhetoric. They’re big believers in investing in appreciation and the long-term returns. They share how they approach real estate as a couple to build wealth for future generations.
Daniel Breslin of https://reidiamonds.com/ comes on the podcast to discuss investing in out of market properties.
He has a great story of how he's built a great life for himself sprouted from challenges along the way.
Listen in to hear his insights.
He’s got an ambitious plan to get to 50 rental units and he’s on today’s episode to share his story. Jay has some great insights on mindset and follow through that will be helpful to anyone afraid to take action.
A property manager was fired after a July 4th incident was recorded and went viral. We discuss the ramifications along with a juicy landlord hotline call.
Nick Loper of Side Hustle Nation is our guest on this week’s podcast and he breaks down 5 of his favorite side hustle guests on his podcast.
It doesn't matter what you do, it can pretty much always be done better and more efficiently.
Our guest this week comes from https://epicrealestate.com/ and Matt Theriault shares with us how he has systematized his business to achieve great results.
This week we discuss buying a mansion with Bitcoin, a sad story of a real estate tycoon’s son, a realtor with moxy, and a landlord hotline call (716) 218-0363.
This week we discuss receding coast lines, how much the average real estate agent made in 2017, a new eviction court ruling, and a crazy landlord voicemail.
This week we discuss Zillow expanding services in Canada, Baby Boomers staying put, The World’s largest RE Companies, a Rogue Landlord, along with a Cash 4 Keys scenario.
This week we discuss the curious hospice case between a landlord and tenant, arresting former tenants for not paying rent, and Jimi Hendrix’s eviction.
Evicting your son, a rogue bicycle, and what the housing crisis in Toronto can teach landlords are all In the News this past week. We also cover a landlord hotline call on dealing with a tenant that breaks the lease early.
A racist lawyer gets evicted, a convicted felon passes a background check and shoots his landlord, and mortgage rates are at 7 year high. It was a busy week in the news.
In addition to the "In the News" segment, we have a troublesome call on our landlord hotline. We discuss the issues at hand and how to handle an angry tenant that is trying to destroy your rental property.
We do a weekly live segment on our Facebook page called "Ask A Property Manager"
We decided to use the audio from episode #39 in this podcast.
Our guests are the following:
Andrew Schultz who is an associate broke in the WNY area and manages over 120 doors with Realty Edge.
Brad Larsen is the owner of RentWerx.com which has over 850 doors in their portfolio. He's also the host of the Property Management Mastermind Podcast.
Andrew is looking to grow his property management business and has a bunch of questions lined up for Brad.
We learn how Brad gets his leads, how he creates additional streams of revenue and his advice on what to have in place to scale.
This a great episode if you've ever thought about starting a property management business or scaling one.
In this week’s podcast Steve and Eric discuss issues with flood insurance, a win for NYC landlords, ultra-luxury tenants from overseas, and a notorious landlord booted from D.C.
Brad is the founder of RentWerx in San Antonio, Texas. In the last five years, RentWerx has grown to manage over 700 single family homes. Prior to starting a property management company, Brad served in the armed forces as an Army Infantry Officer before leaving the military as a Captain in 2002 to pursue his interests in Real Estate.
In 2003, Brad moved to San Antonio and earned his Real Estate License and began his career in sales. Since Brad launched Larsen Properties in 2011 then re-branded to RentWerx in 2017, it has turned it into one of the most profitable companies in the region.
This week we cover the following:
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NHL players break the rule of renting to friends and it's payback time
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NYC landlords toss tenant belongings
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Kentucky landlord hires arsonist and gets caught
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Chicago pushing for protection of historical properties
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Oswego man sexually harassing female tenants
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Are tenant damages covered by insurance?
We discuss cannabis laws, the EPA Admin getting evicted and several other stories in this week’s podcast.
In this episode we we have some new and old segments including Landlord Balderdash, In the News, Member Highlight and the Landlord Hotline (716) 218-0363. You can watch the live FB video here: https://goo.gl/rzmY2M
Steve and Eric reminisce about some of their favorite episodes. They play a short clip from each of their favorites and talk about what they loved so much about each episode. Thanks for being a part of this journey!
Marty has done a lot with real estate including getting his realtors license, investing in flips, rentals and building his own rent to own website. In this podcast he shares his insights and how his passion and direction has changed.
Some landlords will begin to dabble with note investing and the idea sounds interesting. Make income without the headaches typically associated with owning rental properties. We pick Tracy’s brain on note investing and what a new investor should be aware of.
Mike is a mountain of a man. Standing at 6’8” and 300 lbs (we’re guessing because it’s rude to ask) he is originally from New Zealand. He then went to play professional rugby in Europe before playing college football at Hawaii. After landing in Buffalo, NY he got his degree in architecture. We pick his brain about questions on real estate and how to make a home habitable for aging individuals. Mike stopped in the office and was a great guest.
A reoccuring theme on the podcast is to “treat it like a business.” This comes up quite a bit on this episode as Scott shares the common pitfalls that stop a property manager from scaling their business. He explains there are certain character traits that allow someone the ability to scale their operations.
J. shares how he started out with an eBay business that transitioned well into wholesaling properties. From there he has dealt with apartments, SFH, commercial and even buying and leasing a cellphone tower.
We were out in Lansing, MI giving a talk at a landlord association and Doug was one of the members of the audience. He had some great insights so we decided to have him on the podcast to share his story of how he grew from 0 units to 81.
The hardest deal is the first property. Michael says you’ll spend more time buying that first two unit compared to the 50 unit you’re going to buy a few years later. That’s because you’ll have the systems in place and trust from your investors to make a sizable profit.
It’s ironic that term the “grey area” is ambiguous in its own spelling. Is it “grey” or “gray?” We suppose it depends on where you’re from. Either way, wear and tear is a grey area for many landlords so in this episode we’re going to discuss exactly how to handle these situations with kids and tenants with disabilities. Listen in as we have attorney Don Krupens of Lawvex.com shed some light on this confusing subject.
Clayton is a former TV host who left the business young so he could pursue real estate. He has a podcast called "Investing In Real Estate" and a great following of investors.
He talks about the freedom number that you need to figure out in order to understand how many rentals you'd need to support your lifestyle.
Listen in as he shares details about his formula and advice on investing in real estate in 2018.
Recently we came across a blog post on https://optionalpha.com/ talking about how to reinvest income in rental properties through a snowball philosophy.
When we reached out to the author he said we needed to interview him and his wife together. Turns out his wife runs the blog over at http://rentalrookie.com/ and they have a treasure trove of resources for investors.
Emily and Kirk have a great story and are well on their way to building their real estate empire. We interview them to learn how they got started and what speed bumps they've encountered along the way.
Original blog post: https://optionalpha.com/the-snowball-investing-strategy-for-rental-property-how-im-investing-outside-the-market-16467.html
Mark is a busy guy who has his hands in rentals, flips, commercial and also building out his educational site at https://investfourmore.com/
We had him on the podcast because he has such a diverse range of experience. We're impressed with his ability to grow and build a team that allows him to get so many deals done each year.
He has a podcast, books and online community of real estate investors.
Check out all the education and resources he has waiting for you at https://investfourmore.com/
Mike has bought more than 25,000 homes.
No, that is not a typo...
He's managed over 20,000 rental properties at his property management company he owned.
He's closed loans from $35,000 to $11,500,000 at his company Reliance Mortgage Company, Inc.
He started in 1989 with 5 employees. He has worked as a Residential Mortgage Loan Originator ever since. In 1993, Mike directed the company in the origination of over $400 million in home mortgages. Today, Reliance Mortgages has closed over $8 billion under his direction.
Mike received the Century 21 Top Listing Sales Person in a three-state region from 1971-1981 and was named the 1995 Prestigious Entrepreneur of the Year by INC. Magazine. He was listed in the Who’s Who American Businessmen of 2000, and was recently approved to teach Texas Real Estate Commission continuing education classes for realtors.
Josh is our guest on the podcast and he has a really interesting story when it comes to rental properties. People may not think of Kentucky as a real estate hot bed but Josh has done extremely well buying up cheap rental properties, fixing them up and cash flowing into the next property.
He's bough some rentals for less than $10,000 because his market is so cheap. He shares his story and experiences of buying rentals in a smaller market.
It might sound cheesey to say our guest "wrote the book on SDIRA investing." But... it's absolutely true.
Mat Sorensen is an attorney and best selling author of "The Self Directed IRA Handbook." He has sold over 20,000 copies and shares his insights on today's podcast about how real estate investors can invest in their future with a SDIRA.
You can learn more about Mat at https://sdirahandbook.com/ and his law firm at http://kkoslawyers.com/
It happens.
A former tenant moves out and is upset so they trash the place. This happened to one of our Facebook group members who was shocked when they saw a giant Venn Diagram on the wall of their rental.
Listen as this case unfolds in RentPrep court and Judge Rudy Fortune shares his thoughts on the matter.
This week's guest is Tim Shiner of Dallas, TX and he's a pretty interesting investor.
He owns businesses, class A rental properties and also works in tandem with his wife who is a real estate agent.
Tim shares his strategy of how he only buys class A rental properties now and why he makes more money when his tenants break their lease early.
Plus he has a crown royal tuxedo.
What else do you need to know?
Resources mentioned in this episode:
https://www.rentprep.com/resources/
https://www.texasrealestate.com/for-texas-realtors/legal-faqs/category/landlord-tenant-issues
https://www.classaction.org/employment-background-checks
Narrator voice
This is the plaintiff Jim Jackson he’s a renter from Texas and he says the defendant denied him a rental because he has a large family. He’s suing for $1,000 in statutory damages related to his discrimination claim.Narrator voiceThis is the defendant Wilson Wharton who claims he found better renters and that Jim is just angry he was denied the rental.Bailiff Will all parties please raise their right hand
Narrator voice - What you are about to hear is only real in your imagination. The judgements are fictitious but real life lessons are waiting to unfold. Welcome to RentPrep court.
Bailiff
All rise for the honorable Judge Rudy Fortune.
Judge Rudy FortuneJim Jackson you are suing Mr. Wilson Wharton for damages of $1,000 dollars because you believe you and your family were discriminated against. What kind of evidence do you have to substantiate your claims.
Renter Jim JacksonYour honor. I have six kids and it’s been very difficult for my wife and I to find a place to live. We’ve been denied many rentals so far but with Mr. Wharton it was the only time we felt someone discriminated against us.
Judge Rudy
What makes you believe that you were discriminated against?
Renter Jim JacksonWhen we looked at the rental he kept asking us prying questions about our family. He started off by making a comment about our mini-van and asked me how many kids we have. He made comments during the showing and said that the rental was ideal for couples and not great for families. But we’re desperate so we filled out an application and paid the $50 fee and we were never told if we were denied.
Judge Rudy
So how did you find out you were denied the rental?
Renter Jim Jackson
I called Mr. Wharton about a week later to ask about the rental and he said he went with another applicant.
Judge Rudy
Mr. Wharton… is this true?
Landlord Wilson Wharton
Not completely your honor. I never made any comments about their mini-van or that the rental is better suited for landlords. That simply did not happen. Jim’s right that I did rent out the space to someone else who is a better fit for the rental.
Judge RudyMmm hmmmm… and how did you make that determination that the other applicant was a better fit for your rental?
Landlord Wilson Wharton
They had a much longer and more stable job history so I ran their background check and everything checked out fine.
Judge RudyMr. Wharton did you provide Mr. Jackson with your tenant-selection criteria when he filled out an application?
Landlord Wilson WhartonAhhhh… no your honor.
Judge Rudy (cue music)Mmmm your situation reminds me of a friend of mine growing up. A bunch of us use to play baseball down by the quarry at the edge of town. We’d go to Mr. Jenkins grocery store and snag some of his spare cardboard boxes. We’d make some bases and drop em down on the field and have ourselves a day playing until suppa time. Our one friends we called Racing Rick because he’d run so fast round the bases his feet would never touch cardboard until he got to home plate. In school he was the same way. He was always cutting corners to get things done as quickly as possible. Mr. Wharton do you understand why I am bringing up Racing Rick today?
Landlord Wilson WhartonAhhh… I’m not sure I’m following your honor.
Judge Rudy
You mentioned you didn’t provide the applicant with your tenant-selection-criteria. In the state of Texas it is required to make printed notice of the landlord’s tenant-selection criteria available to the applicant. Are you aware of this law?
Landlord Wilson WhartonNo I wasn’t your honor.
Judge RudyNow, this tells me you’re a landlord who doesn’t touch the bases because you’re too busy thinking bout home plate. You’re racing just like Rick to get that rental filled as fast as possible. My suggestion is that you read up on your state and local municipalities law’s before you start screening tenants.
Landlord Wilson WhartonI’m sorry your honor. I’ll do that ASAP.
Renter Jim Jackson
I bet he didn’t read up on the Fair Housing laws neither!!! I want my money for being discriminated against!
[Gavel noise + crowd murmur]
Judge RudyMr. Jackson. My courtroom is not a place for accusations... but finding the truth of the matter. Do you have any other evidence to present that would suggest you were discriminated against?
Renter Jim JacksonNo your honor but it’s obvious he doesn’t follow the law!
Judge RudyMr. Jackson as far as your case of discrimination against Mr. Wharton... please tell your wife I said sorry Mrs. Jackson... and I am for real... and I never meant to make your daughter cry... and that I apologize a trillion times. You see a courtroom isn’t a place for anecdotal evidence. I need evidence and not your version of the truth.
Landlord Wilson WhartonThank you your honor!
[gavel noises]
Judge RudyI’m not finished Mr. Wharton. Now yes, I am going to dismiss the charges of $1,000 in this claim of discrimination. However, in the state of Texas if you charge a tenant an application fee to run a background check you must present them with a written notice of your tenant-selection-criteria. Since you rejected the applicant and failed to make your criteria known you must refund the application fee to Mr. Jackson. You got off lucky today but my suggestion is that you stop cutting corners and read up on the laws. My verdict is a payment of $50 to the plaintiff.
[gavel sound]
Narrator:
Well.. the honorable judge threw out the discrimination claim in a case of cutting corners but the plaintiff was still awarded $50. We’re going to toss this over to Steve and Eric to see what the guys in the RentPrep office think about this.
Kim and Scott Hampton manage around 1,000 doors in the Central Florida market and they recently had to file 60 insurance claims due to recent hurricanes. In this episode they will share the tips they've learned along the way.
Going to court is stressful and that's why we want to share details of court cases so you have the knowledge ahead of time so you don't end up in court like these landlords.
In this episode Judge Rudy Fortune rules on if the landlord should be able to keep the security deposit plus additional damages caused by their renter.
In this week's podcast we have Mark Kohler on who's an attorney and CPA. We focus the conversation on the mistakes landlords make when they setup LLCs to protect their rental properties.
An LLC is a tool to limit your liability and is a smart investment for a landlord who wants to scale their business.
Listen in and ask Mark questions in our Facebook group as well.
You can learn more about Mark at his website and grab his free resources as well.
https://markjkohler.com/
There is more and more technology available to help you manage your rental properties.
In this episode we talk about how you can use the following services to help automate your screening process.
Google Voice
Gmail Canned Responses
Apptoto.com
These services will help to streamline and document communications through the tenant screening process.
Learn more by tuning into this episode.
It's tough as a landlord because you have so much invested in your business and when a tenant does something to your rental it feels like a personal attack.
We experienced this with an Amazon review on our book "The Landlord Water Cooler." We talk about not responding emotionally to your tenants (or negative reviews).
There are so many ways to find tenants and Facebook is one such example.
Just inside of Facebook there are different ways market and reach potential tenants.
In this episode we're talking about posting your listings to your personal page, business page, local groups, and the Market Place.
Listen in as three members of our community (Justin, Natalie, Jennifer) share their insights as well.
Eric doesn't have these accounts setup currently so he calls his utility company to get answers on what is involved with creating a landlord utility account.
We learn some good information as far as common pitfalls to avoid when it comes to a leave on for landlord account.
Tune in to hear all you need to know in this short podcast episode.
You've found the perfect applicant and you're ready to accept them as your new tenant. What do you do next?
Andrew Schultz is our guest on the podcast and he takes us through his process of onboarding a new tenant.
There are several costly mistakes that landlords make and Andrew will show you the ropes of how to avoid those.
Renter's insurance is a great way to add an extra layer of protection between you and your tenants. In this rebroadcasted episode Steve and Jeff discuss everything you should know about Renters Insurance.
You’ve evicted a tenant and they’ve skipped town and you don’t know where to find them.
Steve White and Jeff will be discussing all about how to find your tenant that has left without a trace.
One resource mentioned in the podcast is to send a mailer that looks like this (courtesy of USPS).
This will allow you to get a postcard back in the mail of the address that your tenant is having their mail forwarded to.
This only works if your former tenant forwarded their mail though.
This is a timely but unfortunate topic to discuss as hurricanes have ripped through Texas and Florida. In this rebroadcast of episode 59 Steve and Jeff will discuss what landlords...
The post #172 Natural Disasters and Landlords (rebroadcast) appeared first on RentPrep.
I was on a landlord thread recently where a property manager explained how he ended up with his former tenant’s ashes. His story was the reason we decided to rebroadcast...
The post #171 Abandoned Ashes!?!? appeared first on RentPrep.
Emotional Support Animals are all the rage these days for landlord or perhaps we should say that they enrage landlords. It’s a tough subject and we’ve found a great ally...
The post #170 ESA Troubles? Meet Jaime Michelle Cain appeared first on RentPrep.
Stephanie DeLeo is an active landlord in our Facebook group and she asked plenty of great questions. We reached out to her and asked if she would be willing to...
The post #169 Community Member Shares Her Landlord Journey appeared first on RentPrep.
Bill Manassero of Old Dawg’s REI podcast is our guest this week. He shares with us his experience of picking up real estate later in life and everything he’s learned...
The post #168 Old Dawg’s REI Podcast Interview appeared first on RentPrep.
We’re continuing to read through a post from our Facebook Group where 30+ landlords chimed in to give us their best landlord advice. This is part two of a two...
The post #167 Best Landlord Advice Part 2 appeared first on RentPrep.
Recently a landlord asked our Facebook group for their best landlord advice. The 59 comments that rolled in are priceless in our opinion. This week’s episode is part one of...
The post #166 Best Landlord Advice Part 1 appeared first on RentPrep.
Our guest Al Williamson is a former engineer and now full-time landlord who likes to experiment with his rentals. He works on ways to increase the revenue of his rentals and...
The post #165 Short-Term Rentals With Al Williamson appeared first on RentPrep.
It happens… sometimes you have that great tenant lined up to move into the rental and the lease is signed… and they call and want to break it. What do...
The post #164 Tenant Wants To Break Lease Before Moving In appeared first on RentPrep.
In this casual episode Steve and Eric rift on landlord stress and ways to manage it. Intro – Impressions 1:00 – B- Morgan Freeman 3:10 – Dealing with stress 4:20 – Rocking...
The post #163 Dealing With Stress appeared first on RentPrep.
Philip Bottfeld is a landlord down in Miami, Florida that purchases condos in 55 and over communities. In this podcast he shares what he has learned about managing rentals in...
The post #162 Managing 55+ Rentals With Philip Bottfeld appeared first on RentPrep.
Andrew Schultz is a property manager in Buffalo, NY and he shares a document with every potential client that covers the 10 questions you should ask a property manager before hiring...
The post #161 10 Questions To Ask A Property Manager appeared first on RentPrep.
Joan Mershon teaches classes for renters at RentWell.org She has an interesting perspective in that she helps to educate renters on how to get a rental and knowing their rights....
The post #160 Flipping Perspectives With Joan Mershon of Rent Well appeared first on RentPrep.
Lee manages over 250 rental properties and shares his tips on using Google Voice and how he handles the rental application process. Learn how he was able to defend a...
The post #159 Mastering The Rental Application Process With Lee McEachern appeared first on RentPrep.
In this week’s episode we’re talking about how to collect on tenant debts. This is a tough task and Steve shares years of experience working in the debt collection industry. Discussions in...
The post #158 Service Animals and Landlords appeared first on RentPrep.
In this week’s episode we’re talking about how to collect on tenant debts. This is a tough task and Steve shares years of experience working in the debt collection industry. Discussions in...
The post #157 Collecting On Tenant Debts appeared first on RentPrep.
In this week’s episode we’re talking about security deposit funds and what to do with the funds. A good resource is to check your state laws with our state...
The post #156 Security Deposit Funds appeared first on RentPrep.
We’re continuing from last week’s episode on Landlord Vernacular. Steve and Eric discuss 5 more landlord terms you should be aware of with your rental properties. Discussions in this...
The post #155: Landlord Vernacular Part 2 appeared first on RentPrep.
There are terms that your average joe won’t know but an experienced landlord will. In this episode Steve and Eric discuss some terms you may or may not know...
The post #154: Landlord Vernacular Part 1 appeared first on RentPrep.
Dan Lane has interviewed over 100 landlords on his podcast called the Rental Income Podcast. He agreed to join us for an episode on our podcast and share his...
The post #153: Dan Lane Shares His Experience From The Rental Income Podcast appeared first on RentPrep.
For over 10 years we’ve hand-compiled each and every background check for our clients and have included a pass/fail credit check as an available add-on. Now we’re pleased to announce...
The post #152 – SmartMove Background Checks For Landlords appeared first on RentPrep.
Stephen R. Covey wrote the book called “The 7 Habits of Highly Effective People” where he discusses the circle of influence. Here’s a video showing how to use this technique...
The post #151 – Seven Habits of Highly Effective Landlords appeared first on RentPrep.
This is the 5th round of Landlord Balderdash where Steve has to guess which landlord story is real and which one is balderdash. We’ve decided there should be a punishment...
The post #150 Final Round of Landlord Balderdash appeared first on RentPrep.
Starting July 1st, 2017 there are some major changes coming down the pipeline on consumer credit reporting. In this podcast Steve explains how judgements & liens will begin to be removed...
The post #149 Credit Changes Landlords Should Know About appeared first on RentPrep.
Have you ever heard of having a 3rd party do your inspections for Move-In Move-Out and lease renewals? Steve and Eric have never heard of this until reading this tip...
The post Ep. 148: Property Management Tips with Hampton & Hampton appeared first on RentPrep.
In Melbourne, Australia a tenant has claimed his landlord installed a pay-per-use toilet in the apartment. This discussion started on reddit on this thread. It brings up a good discussion...
The post Ep. 147: Coin Operated Toilet In Rental? appeared first on RentPrep.
Eric is up 2-1 on Steve in the game of Landlord Balderdash. In this episode Steve tries to battle back and see if he can guess which landlord story is...
The post Ep. 146: Round 4 of Landlord Balderdash appeared first on RentPrep.
Eric is up 2-0 on Steve in the game of Landlord Balderdash. In this episode Steve tries to battle back and see if he can guess which landlord story is...
The post Ep. 145: Round 3 of Landlord Balderdash appeared first on RentPrep.
Elizabeth Colegrove of the Reluctant Landlord is our guest on the podcast this week. She travels with her husband who is active military so her strategy is built around managing...
The post Ep. 144: Lease Tips With The Reluctant Landlord appeared first on RentPrep.
This is our second round of “Landlord Balderdash” and Eric is up 1-0 on Steve. Steve listens to two stories and has to guess which story is real and which story...
The post Ep. 143: Junk Mail & Collecting Rent – Round 2 of Landlord Balderdash appeared first on RentPrep.
This is the first inaugural game of “Landlord Balderdash.” In this game our co-host Eric Worral relays two tales to fellow host, Steve White, of crazy landlord stories involving...
The post Ep. 142: Landlord Balderdash Round 1: Juggalos & Drugs appeared first on RentPrep.
Setting a vision is crucial to your rental business and that’s why we’ve invited a guest onto the podcast. We have a special guest Dr. Roger Firestien who joined us in...
The post Ep. 141: Setting A Vision For Your Rental Business appeared first on RentPrep.
Our latest podcast episode is about considerations of renting to a tenant with a criminal record. We have a special guest on the podcast who works for a non-for-profit called...
The post Ep. 140: Convicted Criminals Find Rentals With Help From Peaceprints of WNY appeared first on RentPrep.
These are our cliff notes from a Landlord training we took at HOME Buffalo. This was a three hour class Steve & Eric took in downtown Buffalo where all the latest...
The post Ep. 139: Part 2 HOME Landlord Training appeared first on RentPrep.
These are our cliff notes from a Landlord training we took at HOME Buffalo. This was a three hour class Steve & Eric took in downtown Buffalo where all the latest...
The post Ep. 138: Part 1 HOME Landlord Training appeared first on RentPrep.
New Year’s Resolutions and where the RentPrep podcast is headed in 2017 is the topic of conversation between Steve and Eric on this episode. We discuss the goals we setup...
The post Ep. 137: “Stickk” To Your Goals appeared first on RentPrep.
We’re back and have new additions and resolutions for 2017. In this episode we cover why we went on a break with the podcast and where it is headed in...
The post Ep. 136: Relaunching The Podcast appeared first on RentPrep.
Worried about bad tenants? Don’t be a bad landlord. This episode will cover ways to be a better landlord, attract the best tenants, avoid future issues, and keep your landlord-tenant...
The post Ep. 135: Night School: Bad Landlords Attract Bad Tenants – How to Attract and Keep the Tenants You Really Want appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 134: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
Dealing with tenant altercations is a normal part of managing a multi-family unit, and one landlord recently reached out for some advice on an incident between two of his tenants....
The post Ep. 133: Night School: Landlord Submitted Question About Racist Tenant appeared first on RentPrep.
Record snowfalls in some parts of the country have made snow removal from rental properties a hot topic between landlords and tenants. In this episode of Night School, we’ll take...
The post Ep. 132: Snow Removal For Landlords appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 130: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
With a vacant property, landlords can waste a lot of time talking to applicants that either won’t qualify to rent or are not that serious about the property. In this...
The post Ep. 129: Night School: Stop Wasting Time and Create a Pre-showing Questionnaire/Interview appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 128: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
When buying or selling rental properties, it can be tricky to navigate around existing tenants. In this episode of Night School, we’ll share a story of an awkward tenant encounter...
The post Ep. 127: Night School: Pros and Cons of Existing Tenants appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 126: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
When a tenant needs to break a lease, many landlords are not quite sure what to do when it comes to the security deposit covering any future rent and potential damages....
The post Ep. 125: Security Deposits and Broken Leases appeared first on RentPrep.
Identity theft is becoming more common every year, but sometimes it can become an false excuse given by rental applicants to explain away a poor credit background. In this episode...
The post Ep. 124: Night School: Identity Theft–Is Your Applicant Telling the Truth? appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 123: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
Landlords are responsible for providing a safe and hazard-free rental property, but it’s not uncommon to overlook child safety aspects when getting a property ready for new tenants. In this...
The post Ep. 122: Night School: Child Safety and Landlords appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 121: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
Part of being a successful landlord is managing all the costs in owning and renting property and looking for ways to minimize expenses. In this episode of Night School, we’ll...
The post Ep. 120: Night School: Principles Can Be Very Expensive appeared first on RentPrep.
It can be unnerving for applicants to provide detailed information to a stranger during the application process, and sometimes they are reluctant to share details like social security numbers, salary...
The post Ep. 119: Night School: Dealing with Skeptical Applicants appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 118: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
Landlords never want their tenant to break a lease agreement, but in a few incidents it makes sense for them to let a tenant out of a lease. In this episode...
The post Ep. 117: Night School: When Is It Okay for a Tenant to Break a Lease? appeared first on RentPrep.
Most landlords know that collecting a security deposit is an important part of the leasing process. However, landlords may not be aware of the many rules and regulations that each...
The post Ep. 116: Night School: State Rules on Security Deposits appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 115: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
When entering into the real estate market and becoming a landlord, many people are unsure whether or not to create an LLC. There are definitely pros and cons for doing...
The post Ep. 114: Should Landlords Create an LLC? appeared first on RentPrep.
When conducting a screening for rental applicants, most landlords want to know about criminal background. However, a growing movement in many states is to stop landlords and employers from learning...
The post Ep. 113: Night School: Ban the Box? appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 111: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
One of the biggest fears of landlords is that their tenants are using, manufacturing or selling illegal drugs. This can lead to a range of problems, from erratic behavior to...
The post Ep. 112: Night School: Strange Signs of Drug Use appeared first on RentPrep.
Dani Alexis is a former attorney who has handled landlord-tenant disputes in her scope of work, giving her a unique insight into issues on property management and all things related...
The post Ep. 110: Dani Alexis: Landlord/Tenant Attorney appeared first on RentPrep.
A restrictive endorsement is a technique used to restrict further financial action in regard to a check. Some tenants try to fool landlords into accepting partial payments as complete payments this way....
The post Ep. 109: Night School: Tenant Scam Alert! Restricted Endorsements on Rent Checks appeared first on RentPrep.
It’s not uncommon for two or more adult applicants to want to rent a property together, but many landlords fail to screen each applicant and just stick with one main...
The post Ep. 108: Night School: Co-applicants Aren’t Always What They’re Cracked Up To Be appeared first on RentPrep.
Getting lots of information about a rental applicant is critical in conducting a thorough background check, but many landlords overlook the value of the pay stub. In this episode of...
The post Ep. 107: Night School: What a Pay Stub Can Tell You About an Applicant appeared first on RentPrep.
One growing tenant scam that landlords across the country should be aware of is the case of the “independently wealthy applicant.” In this episode of Night School, we’ll reveal what...
The post Ep. 106: Night School: Tenant Scam Alert! The Case of the Independently Wealthy Applicant appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 105: In The News: Real Life Lessons for Landlords appeared first on RentPrep.
Getting a driver’s license is a common part of doing a background check on an applicant, but how well do landlords really pay attention to this valuable piece of identification....
The post Ep. 104: Night School: Applicant Driver’s Licenses and Why You Need to Look at Them appeared first on RentPrep.
Hoarding is a compulsive action where someone acquires and saves massive amounts of something with no real value. The behavior can lead to disastrous conditions for the person’s home. In...
The post Ep. 103: Hoarder Tenants appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 102: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
When landlords treat their real estate investment as a business, it’s not a stretch to use the same skills in assessing a rental applicant as they would a job applicant....
The post Ep. 101: Night School: You Wouldn’t Hire This Guy, So Why Rent to Him? appeared first on RentPrep.
To mark the release of our 100th Landlord University episode I’m excited to bring a new segment called Landlord Spotlight. In each Landlord Spotlight episode, we’ll be diving into real...
The post Ep. 100: Landlord Spotlight: Randy Harris appeared first on RentPrep.
To prepare for the growing trend of multiple adults renting a living space together, landlords must get educated on the best way to conduct applicant screenings to make sure all...
The post Ep. 099: Night School: Leasing to Multiple Adults appeared first on RentPrep.
Collecting rent is one of the toughest parts of being a landlord, and many are seeking out new and better ways for electronic rent collection to make it easier for everyone....
The post Ep. 098: Night School: Options for Collecting Rent – PayPal or Dwolla appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 097: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
It may be tempting for some landlords to move outside of their normal standards when screening for tenants and make special exceptions for some reason. In this episode of Night...
The post Ep. 096: Night School: When to Not Make Special Exceptions for an Applicant appeared first on RentPrep.
There are many online sites, like Beenverified.com or IntantCheckMate.com, that seem to provide some background information on people that some landlords may feel is sufficient for doing a background check. However, ...
The post Ep. 095: Night School: Why You Should Never Use Beenverified.com or InstantCheckMate to Screen Tenants appeared first on RentPrep.
In their hurry to keep a rental property filled, many landlords start showing it before or during the repair and maintenance phase of turnover. However, this requires applicants to use...
The post Ep. 094: Night School: Stop Making Applicants Use Their Imagination appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 093: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
While there are several different options out there when it comes to online tools, Google tools work well together and give both beginners and experienced landlords what they need to...
The post Ep. 092: Night School: Using Free Google Tools for a Better Landlord Business appeared first on RentPrep.
It’s a good idea when participating in real estate investing to expand the network of professionals that can affect everything from buying property to evicting tenants. On this episode of...
The post Ep. 091: Night School: Why You Should Make Friends With Court Personnel appeared first on RentPrep.
When it comes to being a landlord, there are so many resources out there that many wonder which ones are worthwhile and which ones are a waste of time. In...
The post Ep. 090: Night School: Is SmartMove Right For You? appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 089: In The News: Real Life Lessons for Landlords appeared first on RentPrep.
Bigger Pockets, a website for real estate investors, often facilitates meetups around the country for interested participants. In this episode of Night School, we’ll examine whether or not the Bigger Pocket...
The post Ep. 088: Night School: Are BiggerPockets Meetups Worth Your Time? appeared first on RentPrep.
Getting a good financial picture of a rental applicant is vital to a landlord’s decision-making process. However, what kind of financial information is needed to paint an accurate portrait and...
The post Ep. 087: Night School: Should You Ask For Bank Statements? appeared first on RentPrep.
Many people, including landlords, don’t like conflict and struggle with being assertive in a business setting. When it comes to managing properties, it’s hard for landlords to remain timid and...
The post Ep. 086: Night School: Good Guys Finish Last When Managing Properties appeared first on RentPrep.
Nuisance abatement laws are community policing efforts that use complaints, violations and even recurring police visits to improve quality of life and solve safety problems within municipalities. In this episode of Night...
The post Ep. 085: Nuisance Abatement Laws: Good or Bad for Landlords? appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep: 084: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
Landlords who are thinking of buying or selling real estate with tenants in place have several things they need to think about, from transferring records to notifying the tenants. In this...
The post Ep. 083: Night School: Change of Property Ownership appeared first on RentPrep.
In order to protect tenants and property, landlords should really take extra steps to ensure the rental unit doesn’t attract burglars. In this episode of Night School, we’ll review several...
The post Ep. 082: Night School: Burglary Prevention Tips appeared first on RentPrep.
Evictions are a part of being a landlord and they are definitely complicated and involve a lot of knowledge to get it right. In this episode of Night School, we’ll...
The post Ep. 081: Top 5 Eviction Mistakes Most Landlords Make appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 080: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
Frequently, people from other countries choose to live in the United States and need rental housing. However, many landlords are not comfortable in renting to applicants without a thorough background...
The post Ep. 079: When a Tenant Applicant’s Last Address Was in a Foreign Country appeared first on RentPrep.
From feeling annoyed about children in a rental property to outright familial discrimination, landlords are often unclear about exactly what they can and cannot do when it comes to renting...
The post Ep. 078: Night School: Policies for Tenants with Children appeared first on RentPrep.
Normally, landlords aren’t too concerned about what kind of furniture a tenant has, but waterbeds are a different category because of the potential for property damage. In this episode of...
The post Ep. 077: Night School: Should Landlords Allow Waterbeds? appeared first on RentPrep.
No matter how a landlord feels about the right to bear arms, they should be familiar with what rules and regulations can be enforced in a rental property when it...
The post Ep. 076: Night School: Banning Weapons in your Buildings appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 075: In the News: Real Life Lessons for Landlords appeared first on RentPrep.
When tenants live close together, as in a multifamily building, sometimes strong odors from one apartment can penetrate to other units or into common areas. Whether the smells are from...
The post Ep. 074: Dealing With Bad Smells From A Tenant appeared first on RentPrep.
Having a tenant break the lease agreement is something that happens to all landlords at some time, costing them time and money. However, some experienced landlords have learned some ways to...
The post Ep. 073: Night School: Minimizing Losses from a Broken Lease appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 072: In The News: Real Life Landlord Lessons appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 071: In the News: Real Life Landlord Lessons appeared first on RentPrep.
Screening applicants for tenancy begins with the first time landlords speak to the person requesting more information, but how can landlords use that initial contact as a pre-screening tool? In...
The post Ep. 070: Night School: Why Didn’t You Call Me Back? appeared first on RentPrep.
A landlord’s top concern when screening applicants is usually whether they make enough money, and it is more common than ever for people to do side work for money under...
The post Ep. 069: Night School: Under the Table Employment Doesn’t Count appeared first on RentPrep.
Running a background check on a rental applicant can reveal all kinds of information about a person, including any criminal activity like sex offenses. In this episode of Night School,...
The post Ep. 068: Night School: Renting to Sex Offenders appeared first on RentPrep.
Sometimes for the sake of the business, landlords need to re-evaluate their tenant selection process and make some decisions about whether to adjust their selection criteria. In this episode of...
The post Ep. 067: Night School: Change Your Standards or Keep Looking appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 066: Night School: In the News appeared first on RentPrep.
Several parts of the country are currently experiencing drought conditions, but what does this mean for landlords, tenants and yard maintenance? In this episode of Night School, we’ll investigate the...
The post Ep. 065: Night School: How Landlords Should Handle Drought appeared first on RentPrep.
Leaking water is one of the most destructive things you can face as a landlord, and time is really critical in getting the situation under control. In this episode of Night School, we’ll...
The post Ep. 064: Night School: Landlord Tips for a Water Emergency appeared first on RentPrep.
When landlords treat their rental properties like a business, a key factor toward good customer service is having a positive attitude. In this episode of Night School, we’ll dive into...
The post Ep. 063: Night School: Landlord Attitudes Need Maintenance Too appeared first on RentPrep.
Join Stephen White, Jeff Pearson and Jennifer Maughan as they review the latest landlord tenant news stories from across the country and discuss the lessons landlords can learn. In this episode,...
The post Ep. 062: Night School: In the News appeared first on RentPrep.
Tenant Turner is the fastest way for landlords and independent property managers to find quality tenants. Cofounders, James, Brandon, and Chris became landlords in 2009 and started Tenant Turner in...
The post Ep. 061: James, Brandon and Chris: Tenant Turner appeared first on RentPrep.
A tenant credit report is a very important part of tenant screening but many people are unclear about the different inquiry types. In this episode of Night School, we’ll explain...
The post Ep. 060: Inquiry Types on a Tenant Credit Report appeared first on RentPrep.
Nowhere in the country is safe from natural disasters, and property owners should be aware of what calamities might strike in their area. But what should landlords in particular know...
The post Ep. 059: Landlords and Natural Disasters appeared first on RentPrep.
Before patronizing a business, many people look online for ratings and rankings by other customers, and people seeking rental properties are no different. In this episode of Night School, we’ll...
The post Ep. 058: Night School: Websites Let Tenants Rate Landlords – Good or Bad for the Industry? appeared first on RentPrep.
Many landlords are confused about whether or not to gather social security numbers from tenants, whether during the screening process or at lease signing. In this episode of Night School,...
The post Ep. 057: Night School: Yes, You Do Need Social Security Numbers appeared first on RentPrep.
When a tenant moves, it’s important for the landlord to get the new address, whether the tenant left after a lease ended or they skipped out without notice. In this...
The post Ep. 056: Night School: Finding a Tenant’s New Address After They Leave appeared first on RentPrep.
In deciding which applicant to choose to rent a property, landlords have a lot of factors to consider and a tenant screening can really help. In this episode of Night...
The post Ep. 055: Night School: Stop Screening Tenants One at a Time appeared first on RentPrep.
Often, a landlord needs to set expectations up front, whether to help weed out unacceptable applicants or to help new tenants understand the rules and requirements. In this episode of Night...
The post Ep. 054: Night School: Setting Expectations Up Front appeared first on RentPrep.
Landlords are a unique group of business entrepreneurs and can benefit from professional associations. But are landlord associations and real estate investment club worth it? In this episode of Night...
The post Ep: 053: Night School: Should You Join a Landlord Association or Real Estate Investment Club? appeared first on RentPrep.
Landlords deal with lots of fees, from late fees to application fees. Some landlords have questions about non-refundable application fees, such as whether they are even legal and if there...
The post Ep. 052: Non-refundable Application Fee appeared first on RentPrep.
When landlords want to learn more about a tenant or verify information on an application, its simple and effective to turn to the internet for answers. In this episode of...
The post Ep. 051: Night School: Google Your Tenants appeared first on RentPrep.
Brenton Hayden is an expert in residential property management. He’s a real estate advertising and branding expert who was recently awarded the Young Entrepreneur of the year award for 2010 by...
The post Ep. 050: Brenton Hayden: Founder of Renter’s Warehouse appeared first on RentPrep.
Doing a tenant screening seems pretty standard for most landlords, but what about landlords of commercial properties–how are business background checks for these rentals handled? In this episode of Night...
The post Ep. 049: Night School: Business Background Checks for Commercial Rental Properties appeared first on RentPrep.
Income verification is one of the best ways to tell whether or not an applicant will be able to afford renting a property, but what about when the applicant is...
The post Ep. 048: Night School: Verifying Self-Employed Applicants appeared first on RentPrep.
When landlords are working with a background checking company, they may come across the term “expunged records” and wonder exactly what that means. In this episode of Night School, we’ll...
The post Ep. 047: Night School: Expunged Records–What Are They? appeared first on RentPrep.
Getting an accurate assessment of an applicant’s past rental history is a critical part in making sure a landlord has the right information to make a decision whether or not...
The post Ep. 046: Night School: Can Landlords Give Bad References? appeared first on RentPrep.
A swimming pool can be an attractive amenity to attract tenants to your property and get them to renew year after year, but what do landlords really need to know...
The post Ep. 045: Night School: Swimming Pools and Tenants appeared first on RentPrep.
Most landlords and tenants are familiar with a standard 1 year lease, but are there advantages to either side to sign a 2 year lease for a rental property? In this...
The post Ep. 044: Night School: 1 Year Versus 2 Year Lease appeared first on RentPrep.
Everyone has heard about how social media can enhance business relations, but how can it positively impact those in the real estate investment business? In this episode of Night School,...
The post Ep. 043: Night School: Landlords and Social Media appeared first on RentPrep.
Join Jeff Pearson and Stephen White as they help Mike Simmons of “Just Start Real Estate” as he evaluates the applications for three prospective tenants. In this episode, these three...
The post Ep. 042: Helping Mike Simmons of ʺJust Start Real Estateʺ Evaluate 3 Prospective Tenants appeared first on RentPrep.
Being a property owner is a business and landlords need to focus on the quality of customer service they are delivering to their “customers.” In this episode of Night School,...
The post Ep. 041: Night School: Customer Service as a Landlord – How To Not Be the ʺEvilʺ Landlord appeared first on RentPrep.
Getting background information on an applicant is one of the most important things a landlord can do to predict what kind of tenant they will be. In this episode of...
The post Ep. 040: How to Perform a Proper Verification Phone Call appeared first on RentPrep.
Cigarette smoke has proven to be one of the more destructive things to affect a property and other tenants over time, and many landlords want to know what they can...
The post Ep. 039: Night School: Can Landlords Ban Smoking? appeared first on RentPrep.
Renting to college students can be good and bad for landlords with rental property in a college town. In this episode of Night School, we’ll examine the unique conditions landlords...
The post Ep. 038: Night School: Renting to College Students appeared first on RentPrep.
Bryan founded Property Stick in 2012 in Minneapolis, and along with his brother Jeff, have been involved in the real estate world since 2007. With experience in both commercial and...
The post Ep: 037: Bryan Hawkes: Founder of Property Stick appeared first on RentPrep.
Renter’s insurance protects the tenant’s property in the event of a problem, such as a water leak, act of nature or robbery. However, many landlords aren’t sure if they can require...
The post Ep. 036: Night School: Renters Insurance appeared first on RentPrep.
One of the most telling factors in whether or not an applicant will be a good tenant is their eviction record. However, eviction records can be particularly hard to find....
The post Ep: 035: Night School: Why Are Eviction Records Hard to Find? appeared first on RentPrep.
A co-signer for a tenant can really bring a landlord peace of mind because there’s a financial backup in case the tenant can’t or won’t pay. But what kind of...
The post Ep. 034: Night School: Background Checks on Co-Signers appeared first on RentPrep.
An applicant’s criminal history can tell a lot about what type of tenant that person will be. There are several different ways to look at an applicant’s criminal history and...
The post Ep. 033: Night School: Tenants and Criminal Records appeared first on RentPrep.
Proper tenant screening is important step in making sure landlords know exactly who it is they are renting to, but what happens when an applicant lies on a rental application....
The post Ep. 032: Night School: Do Tenants Lie on Rental Applications? appeared first on RentPrep.
There are a number of reasons why a landlord may decide to deny an applicant, and there’s more to it than simply notifying an applicant about the bad news. On this...
The post Ep. 031: Night School: How to Deny an Applicant appeared first on RentPrep.
From a broken window to holes in the wall to destruction that totals thousands of dollars, the damage tenants can do to a rental property is a landlord’s worst nightmare. On...
The post Ep. 030: Night School: Tenants Who Damage the Property (SODA) appeared first on RentPrep.
Passive aggressive tenants can cause plenty of stress for landlords, from maintenance requests to creating problems with other tenants. On this episode of RentPrep’s Night School, we’ll provide helpful tips on...
The post Ep. 029: Night School: Avoiding Passive Aggressive Tenants appeared first on RentPrep.
One of the downsides of being a landlord is the constant contact from tenants, from simple notification for maintenance to immediate emergencies. On this episode of RentPrep’s Night School, we’ll discuss some...
The post Ep. 028: Night School: Creating a Contact Plan for Tenants appeared first on RentPrep.
Many landlords aren’t clear on their specific duty to guests and visitors to the rental property and what their responsibility and liability actually is. On this episode of RentPrep’s Night School,...
The post Ep. 027: Night School: Landlord’s Duty to Guests and Visitors appeared first on RentPrep.
Whether a landlord wants to install a security alarm on a rental property or a tenant requests permission to do so, there are several things to consider before moving ahead. On...
The post Ep. 026: Night School: Security Alarms and Rentals appeared first on RentPrep.
When tenants expresses an interest in putting in a garden, landlords must carefully consider the pros and cons of granting permission. On this episode of RentPrep’s Night School, we’ll review whether or...
The post Ep. 025: Night School: Tenants and Gardens: Should Landlords Allow Them? appeared first on RentPrep.
When landlords want to refinance a rental property for a better interest rate, a key factor in the process is a property appraisal to determine the value of the property....
The post Ep. 024: Night School: Ways to Improve an Appraisal for a Rental Property appeared first on RentPrep.
Even the best landlords sometimes can’t avoid legal action and require the services of a landlord tenant attorney On this episode of RentPrep’s Night School, we’ll review the situations where landlords...
The post Ep. 023: Night School: Tips for Finding a Landlord Tenant Attorney appeared first on RentPrep.
David and his wife of 28 years, Julie, founded Gr8 Houston Homes, LLC shortly after moving to Houston. Gr8 Houston Homes currently educates and supports the real estate investment community...
The post Ep. 022: Dr. S. David Vaillancourt: Founder of Gr8 Houston Homes, LLC appeared first on RentPrep.
There’s a lot of confusion surrounding a tenant’s right to privacy in a rental unit versus a landlord’s right to enter an occupied property. Many landlords and tenants are unclear on...
The post Ep. 021: Night School: Landlord’s Right to Enter appeared first on RentPrep.
A good contractor is vital when it comes to doing major repairs, remodels and upgrades to a rental property for a fair price and according to building standards. But how does...
The post Ep. 020: Night School: Contractor Warning Signs for Landlords appeared first on RentPrep.
Thousands of pets are abandoned each year and a significant amount occur when the owners move and leave the animals behind. Landlords have a particular responsibility when it comes to pets...
The post Ep. 019: Night School: What to Do If You Find a Pet in an Abandoned Property appeared first on RentPrep.
Who does a landlord consider to be an ideal tenant? Creating a tenant avatar, or a profile of who is the best fit for a property, is a good way to...
The post Ep. 018: Night School: Find the Best Fit and Create a Tenant Avatar appeared first on RentPrep.
Mike Simmons is the founder and host of the Just Start Real Estate podcast and a real estate investor in Michigan. He is also a husband and father of three. Along...
The post Ep. 017: Mike Simmons: Founder of Just Start Real Estate appeared first on RentPrep.
Reasonable accommodations allow for certain adjustments in a rental property or lease agreement for tenants who have disabilities, but how are they defined exactly and how far must landlords go...
The post Ep. 016: Night School: Reasonable Accommodations appeared first on RentPrep.
To fill vacant rental units quickly, skilled landlords use a wide range of marketing techniques to make their property attractive to qualified tenants. On this episode of RentPrep’s Night School, we’ll...
The post Ep. 015: Night School: Marketing Your Property appeared first on RentPrep.
When an unapproved roommate is living in a rental property and is not listed on the lease agreement, it can lead to a range of problems for landlords. On this episode of RentPrep’s...
The post Ep. 014: Night School: How to Get Rid of Unapproved Roommates appeared first on RentPrep.
Most landlords will agree that one of the hardest parts of the job is collecting money from tenants who are reluctant to pay. On this episode of RentPrep’s Night School,...
The post Ep. 013: Night School: Should Landlords Use a Collection Agency? appeared first on RentPrep.
Gabrielle LeVota’s strong background in media, marketing, and management put her in an ideal position to assume the responsibilities of Executive Director of PREIMA, the Professional Real Estate Investors and...
The post Ep. 012: Gabrielle LeVota: Executive Director of PREIMA appeared first on RentPrep.
When a tenant abandons a rental without notice, landlords can’t just take over. Instead, they need to comply with state and federal laws in order to legally repossess the unit....
The post Ep. 011: Night School: Your Tenant Abandons the Rental…Now What? appeared first on RentPrep.
Evictions can be very costly for landlords, so a growing number are using a cash for keys incentive on bad tenants, where landlords pay cash to tenants to move out quickly...
The post Ep. 010: Cash for Keys – Paying Bad Tenants to Vacate appeared first on RentPrep.
Effective landlords rely on a strict rent payment schedule that is enforced with late rent payment fees to discourage tenants from pushing the limits when it comes to paying rent....
The post Ep. 009: Night School: Late Rent Payment Fees appeared first on RentPrep.
Discrimination during the tenant application process can get a landlord into all sorts of legal trouble, whether it’s intended or inadvertent. On this episode of RentPrep’s Night School, we’ll reveal...
The post Ep. 008: Night School: Creating Tenant Screening Procedures to Avoid Discrimination appeared first on RentPrep.
Harry Campbell is a 27 year old full time aerospace engineer, personal finance blogger and landlord. Harry has a passion for all things finance and knows that real estate is...
The post Ep. 007: Harry Campbell: Personal Finance Blogger and Landlord appeared first on RentPrep.
Verifying an applicant’s residence and employment is a huge part of the tenant application process, but it’s often easier said than done correctly. On this episode of RentPrep’s Night School,...
The post Ep. 006: Night School: Verifying an Applicant’s Residence and Employment appeared first on RentPrep.
Credit scores are supposed to reflect a person’s financial responsibilities, but should it be a key component of a rental application? If so, what is the average score for a renter? On...
The post Ep. 005: Night School: What is the Average Credit Score for a Renter appeared first on RentPrep.
Bad tenants can make a landlord’s life miserable, while good tenants are worth holding onto–but how does a landlord find the best tenants? On this episode of RentPrep’s Night School,...
The post Ep. 004: Night School: How to Find the Best Tenants appeared first on RentPrep.
It’s all too easy for landlords to use a generic rental application that’s missing important components, leaving key information out of the application process. On this episode of RentPrep’s Night...
The post Ep. 003: Night School: What a Rental Application Should Look Like appeared first on RentPrep.
Justin Williams has over 7 years of experience as a real estate investor and has flipped over 300 homes. He is the host of the House Flipping HQ podcast and...
The post Ep. 002: Justin Williams: Founder of HouseFlippingHQ.com appeared first on RentPrep.
Every landlord can benefit from a boost in knowledge when it comes to real estate, from single property owners to seasoned investment professionals. On this episode of RentPrep’s Night School, we’ll discuss...
The post Ep. 001: Landlord University Introduction appeared first on RentPrep.
Ever wanted to be a fly on the wall, listening in to a conversation between an expert, and someone asking all the right questions about being a successful landlord? Well...
The post How to Be a Successful Landlord: An Interview With RentPrep CEO Stephen Michael White appeared first on RentPrep.