Terrible Tenant Tales: First “Real Home” Becomes Real Nightmare
Any landlord will tell you that no one tenant is the same. Some tenants are very dependable and straightforward, paying their rent on time and leaving no mess. Some, on the other hand, might cause the occasional issue with noise or not picking up after their dog, or being a day late on their rent. […]
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How to Discuss and Collect Late Rent with Your Tenants
Being a landlord comes with a lot of moving parts. On a daily basis, you may be called to get maintenance out to one unit while you’re setting up an appointment to show a different unit. All the while you have to stay on top of rent payments, which can be a mess in and […]
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Rent Rescue Talks Rent Default Coverage in Insurance Journal
InsuranceJournal.com recently published a piece on rent default coverage that features Rent Rescue & CEO Aaron DiCaprio. The article explains that real estate investors and property managers have a new way to protect their cash flow. Rent default insurance reimburses property owners up to six months of lost rent if a tenant defaults. The product […]
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Measures to Put in Place to Encourage On-Time Rent Payment
For landlords, arguably the most important part of their role is collecting rent from their tenants every month. And while this would seem like a basic event that happens regularly, almost without thinking, some tenants create difficult situations when they fail to do so, accumulating late rent. When tenants fail to pay the rent, many […]
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Terrible Tenant Tales: Five Months, Down the Pipe
For landlords, the dream would be to have zero problem tenants where all the help they may need is understanding their move-out date. But not only is this impossible, but it would also leave landlords with little to no opportunities for problem-solving. If all your tenants were on time with their payments, communicative in their […]
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4 Things You Do NOT Have the Right to Do When Dealing with Bad Tenants
As a landlord, you have a lot to take care of heading into a new tenant’s lease. From getting their paperwork in order to get their unit set up for cleaning and prepping, it’s a full-scale job to open up a smooth transition for them from their previous location to yours. And while it’s important […]
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The Dog Ate My Rent Money: Is There Ever an Acceptable Excuse for a Tenant to Pay Rent Late?
Landlords have a lot on their plates on a daily basis. They may have to show a unit to a potential resident one hour then handle the turnover of a recently vacated unit the next. What’s more, being a landlord means you have to deal with people day in and day out, and not just […]
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Terrible Tenant Tales: When the Ideal Tenant Becomes the Nightmare
As a landlord, there’s enough on your plate every day. From having to check on work orders to reaching out to potential renters, to being the point person for requests from current tenants, there’s so much to tend to on a daily basis. So, when it comes to dealing with unruly renters or having to […]
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When Does a “Bad” Tenant Become an “Evictable” One?
Landlords may hope to welcome only perfect tenants into their buildings and properties, but realistically this is never the case. From not paying rent on time to dealing with noise complaints, there will always be someone who can make others around them miserable, which then spills over to the landlord. But when is it right […]
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What to Do When Your Tenant’s Rent is Always Late, Late, for a Very Important Date
Landlords have a number of issues to handle on a daily basis. From moving new tenants in to handling service requests to taking care of the financials of a property, there’s so much going on on any given day. So, having to handle late rent payments, even if it’s just one tenant, can bring things […]
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