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Archive | Rental Investing & Management

ice-roof-leak

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 […] More»

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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 […] More»

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 […] More»

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 […] More»

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 […] More»

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 […] More»

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 […] More»