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Savvy landlords are always careful when it comes to considering the type of tenants to rent to. They carry out extensive interviews and rent to tenants based on the outcome of their thorough screening process. Sadly, the same level of scrutiny doesn’t apply to tenants’ guests. That’s why it is important to have rules in place to help answer the question “when does a guest become a tenant?” This post will seek to answer that question and provide you with some tips on how to protect yourself and your Florida investment property if a guest overs…

Some tenant rights may not be explicitly put into writing, but that doesn't mean they don't exist. If you want to be a meticulous landlord, you must take the time to learn about implied covenants such as the "implied covenant of quiet enjoyment." The covenant focuses on making the tenant comfortable in your rental space. By honoring this implied covenant, you increase the chances of having long-term renters. This is ideal because it means you will earn a steady income for years to come. What is an "implied covenant"?…

As time goes on, renting a house is becoming a more and more popular choice among both young and middle-aged families. After all, homeownership is not right for everyone. Taking into account the benefits and advantages that a rental home can bring, it is no wonder that many opt for renting rather than buying. However, not all that glitters is gold, and even choosing a rental home can be quite a pain in the neck, especially when it comes to moving into a new house or apartment. If you plan a move, then it is of utmost importance that you know al…

Most tenants understand the benefits of renters' insurance. For a few dollars a month, tenants can protect their personal property and limit potential legal liability. As a landlord, does requiring renters' insurance help you in any way? Absolutely! Here are six reasons you should insist that every renter picks up an insurance policy before you hand over the keys. 1. Attract Responsible Tenants One of the hardest parts of being a landlord is finding high-quality tenants. You want residents who will pay rent on time, take care of your p…

Are you looking to provide rental upkeep during the coronavirus crisis? As a property owner, there's no doubt that the COVID-19 pandemic will affect your business. One of the major challenges you may face is attending to the maintenance and repair demands from your tenants. While servicing your rental units is an important task, you need to consider your tenants' health and safety in the process. In this article, we'll provide tips and suggestions that will be useful in keeping you and your tenants safe during the COVID-19 outbreak.…