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Preventing roof leaks due to ice buildup

Preventing roof leaks due to ice buildup

Fighting roof leaks on a flat roof can be a struggle. Even with the highest quality roof  you are constantly in a battle against gravity.  It’s not a question of if, but when gravity will win and water will find a way inside. Whenever a flat roof is hit by freezing rain, sleet, or a significant amount snow,  the […]

Clothing racks can solve closet shortage problem

Clothing racks can solve closet shortage problem

When it comes to living in a historic property, there is a lot to like. But one thing that can be notoriously problematic, is the lack of closet space. Built in an era where amoires were commonplace and people simply did not own as many possessions, architects in the early 20th century didn’t often pay much attention […]

Making your apartment showings matter

Making your apartment showings matter

You’ve been trying to lease that apartment for weeks and you finally have an appointment for a showing. The prospective tenant shows up and says how much they love the apartment. Flash forward a few weeks later and the apartment still hasn’t been rented and you are still losing money. What went wrong? Was the unit not right […]

Friendly alternatives to evicting bad tenants

Friendly alternatives to evicting bad tenants

One of the most dreaded events in the life of a landlord is when you have to give a tenant the boot.  Whether it’s because they don’t pay rent on time, tear up their unit, or cause some other nuisance, bad tenants can turn a profitable rental property into a property management nightmare. Eviction and Cash […]

“Cash for Keys” as an eviction alternative

“Cash for Keys” as an eviction alternative

Getting unwanted tenants out of your apartment units can be one of the most frustrating experiences a landlord can go through. Whether they need to leave in order to rehab the unit or you want them out because they aren’t paying their rent, its not a fun experience. You just want them out as soon […]

Apartment Pet Policy

Apartment Pet Policy

So you’re a landlord who has decided to allow pets into your apartment. Even so, that doesn’t mean you should simply allow any pet to stay at your property. To ensure the safety of tenants, other pets in the building and your property, you should always run a background check on a pet, just like you […]

Watch out for fleas in run-down buildings

Watch out for fleas in run-down buildings

If you are like most people, you probably don’t have much experience with fleas. Even if you have had minor troubles with them in your home, caused by a dog or cat, you most likely took steps to remove them quickly before they became a problem. But when a property owner simply gives up on any semblance […]

Compare rental rates with Rentometer

Compare rental rates with Rentometer

While it is far from perfect, if you are a landlord or real estate agent trying to figure out what your rental unit is worth, or a prospective tenant wanting to make sure you aren’t being ripped off, you might want to check out Rentometer. It pulls aggregate apartment listing pricing from around the internet to get […]

Federal government as a landlord?

Federal government as a landlord?

Raise your hand if you think the United States government would be a good landlord. Anyone, anyone? You’re right class, it’s a horrible idea. But this could become a reality if the Obama administration plan to rent some of the 280,000 (at last count) Fannie Mae, Freddie Mac, and Federal Housing Administration (FHA) gains traction. I’ll ignore […]

Landlord vs. Slumlord: What’s the difference?

Landlord vs. Slumlord: What’s the difference?

According to Webster’s Dictionary, a landlord is “the owner of property that is leased or rented to another.” As any longtime rental property owner can testify, being a landlord isn’t always a popular job. Tenants and neighborhood residents alike, often treat them with disdain. However, not all landlords are created equal. Whether local resident or cross-country […]

Following Fair Housing rules to avoid lawsuit

Following Fair Housing rules to avoid lawsuit

It is amazing what some landlords say to perspective renters. Lines like “I don’t rent to single mothers?” or “How many kids do you have?” seem to come out of far too many people’s mouthes. For those who use that kind of language, you’re playing with fire. According to Federal Fair Housing Laws, as well […]

New EPA lead regulations burden to rehabbers

If you are a contractor, rehabber or landlord of a property that was built before 1978, your job got a lot more expensive on April 22, 2010. That is when the new Environment Protection Agency (EPA) lead paint rules went into affect. Under these new rules any contractor doing work such as cutting, sanding or […]

Raising your tenant’s rent

When it comes to managing apartments, keeping your rents at market rates is key to maximizing your profit potential. But even the most disciplined landlord will occasionally find they are selling themselves short on their rents. Whether this is because a specific tenant has occupied a given apartment for a long time, or expenses have risen, you might encounter the […]