Blog

Oct
09
Benefits of paying rent via Credit Card

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1. Flexibility for people short on cash for a certain month


Life happens and sometimes costs come up throughout the month that cannot be pushed off. If you find yourself short on rent, using a credit card to hold you over until your next paycheck can be a great option.



2. Cheaper than Late Fees


If you plan it out right, using the right card, or paying the balance quickly, using a credit card can end up being cheaper than late fees. PLUS, it doesn’t affect your rental history and payment history



3. Can help build credit score


Utilizing your credit card correctly can easily help boost your credit score.



4. Potential to earn rewards with credit card company


Take Advantage of credit cards wi...


Jul
29
Tips for Moving During COVID-19


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With travel bans, stay-at-home orders, and social-distancing mandates, millions of Americans have adapted to the changes brought about by COVID-19. Events have been rescheduled or canceled, but for a few people — including those who already made plans to move — staying put is simply not an option.


Here are some tips for making your move as safe and stress-free as possible.



Do As Much On Your Own As Possible


Even though most states have deemed moving services as “essential”, many smaller companies have reduced hours or have paused business altogether. If you can, try to manage the move on your own.



If you need can’t avoid a moving company completely, do your hom...


Jan
16
MTM: Pros and Cons

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Month-to-month lease agreements provide both the landlord and the tenant with flexibility, but as with anything they also have some down sides











Pros for Tenants:


- Flexibility to move - one of the most common reasons for a tenant to sign a month to month or opt to go month to month is so they have the ability to move quickly.


- No specific end date - unlike a long term lease agreement, month to month leases allow you to give a normal (typically 30-60 day) notice and you aren’t burdened by lease break penalties


- You can (usually) switch to a long term lease -a lot of owners give the option to sign a longer term lease if plans change


- Can look for a home - this is often an ideal o...


Jul
26
Rental Myths vs. Reality


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1. YOU'RE THROWING MONEY AWAY


WHILE YOU MAY NOT BE GAINING EQUITY IN A HOME, YOU ARE PAYING FOR SOMEWHERE TO CALL HOME, WHICH IS NOT THE EQUIVALENT OF THROWING MONEY IN THE TRASH



2. YOU HAVE NO NEGOTIATING POWER


RENT PRICES AND LENGTHS OF LEASES ARE OFTEN NEGOTIABLE. DON’T BE AFRAID TO ASK THE PROPERTY MANAGER OR LEASING AGENT TO SEE WHAT THE OWNER WOULD CONSIDER.



3. IT'S DIFFICULT TO GET OUT OF A LEASE


ALTHOUGH YOU ARE RESPONSIBLE FOR THE LEASE, DEPENDING ON THE LEASE TERMS, LEASE BREAK POLICIES CAN DIFFER. RESEARCH YOUR LEASE OR AS THE LANDLORD/PROPERTY MANAGER FOR MORE INFORMATION



4. THE LANDLORD IS RESPONSIBLE FOR ALL REPAIRS AND REPLACEMENTS


AGAIN, DEPENDING ON THE LEASE TERMS, ...


Jul
13
How Often To Inspect?

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As a property manager it’s a good idea to inspect properties regularly.



When should you inspect?




  • Move In - done before a new lease begins, ensures all previous work has been completed and property is move in ready. Then again by the tenant once they move in to notate the condition of the property when the moved in.




  • Annual - done with a tenant in place to note the condition of the property; one, two or even three times a year is normal.




  • Move Out - accesses the overall condition once a tenant moves out




Remember a quick 5 minute inspection can prevent major expenses down the road.


This is a great time to see potentially unreported issues and point them out and advise the tenant these are th...