A Simple Lease Clause To Help You Get Properties Rented
When we receive notice that a tenant is moving out, our goal becomes getting that property re-rented as quickly as possible. After all, no tenant means no cashflow. Our lease requires our tenants...
View ArticleAnother Handy Lease Clause
Ever have a tenant think their security deposit equals their last monthly rental payment? We have. We put a stop to it with this clause in our lease. “It is understood that the security deposit is NOT...
View ArticleNo Candles Allowed
This is why we do not allow candles in our apartments. “An apartment tenant told firefighters that he was burning candles in his bedroom and then went to another area of his apartment. The candle was...
View ArticleThe Fire Clause
On the latest episode of the Smarter Landlording Podcast, my guest Bucky Philip and I discussed clauses that were required in residential leases here in Tennessee. One of those clauses is a statement...
View ArticleWhen Tenants Overstay Their Lease
Tenants move. It’s just a fact of a landlord’s life. As much as we might like them to stay (well most of them), they rarely do. When they move, vacancies become a major concern. The cashflow stops...
View ArticleFamilial Status and Quiet Enjoyment
This article directed towards tenants with children should be interesting to landlords for a couple of reasons. First, it provides a pretty nice overview of how otherwise well meaning landlords can end...
View ArticleInheriting Tenants? Protect Yourself
When you buy an investment property, sometimes it will come with tenants already in place. These tenants can be a good thing as your new purchase will be immediately generating income. But, these...
View ArticleIs Your Rent Increase Legal?
Rents seem to be on the rise in most areas of the country right now. Some are predicting this trend to continue for a few more years. As landlords we obviously want to maximize our rental income to...
View ArticleWhy Landlords Should Inspect Their Properties
This is why landlords should inspect their properties. You cannot completely trust the screening process. Some people can look perfectly normal on the outside and in public, but their home life is a...
View ArticleLandlords! Use House Rules
Every landlord, well almost every landlord, knows they need a written lease. What they may not be aware of is that they need a set of house rules as well. House rules do just what their title...
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