Real Estate Investors Blog for Single Family Rental Homes Management
Blog for Real Estate Investors, Landlords and anyone interested in rental homes property management, real estate investing and landlording on tips, trick and how-to's of managing and investing in residential real estate.
Marina Shlomov - Tuesday, June 30, 2020
Rental Scams Part 2: Fake Employers and Pay StubsThe second part of our series on rental scams has to deal with fake employers and fake pay stubs. Both of these are very important pieces to a tenant’s application. Think about it – if a tenant is not currently employed or does not actually make the income listed, there is a goo...
Marina Shlomov - Tuesday, June 23, 2020
Rental Scams Part 1: Stolen Identities and What to Look ForThorough screening is incredibly important when choosing a tenant for your property. After all, you are talking about allowing a stranger to live in your investment. Choosing the wrong tenant could cost you time, money, and a lot of headaches.But, how do you know if you are being ...
Marina Shlomov - Tuesday, June 16, 2020
Offering Deals to Sign Tenants: The Pros and the ConsSome landlords and property managers use tactics to try to entice tenants. In fact, you’ve probably seen this. Some offer reduced rent, free rent, or other various discounts to tenants. And, why not? Discounts, rewards, and savings are one of the most popular marketing tools, righ...
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Marina Shlomov - Tuesday, June 9, 2020
Lease Terms: How Long (Or Short) Should You Go? When it comes to drawing up the lease between you and your future tenant, when will that lease expire?Sure, if you ask most landlords how long their average lease is, there is a good chance that most will state that their properties are leased at 12-month intervals. But year-long leases...
Marina Shlomov - Tuesday, June 2, 2020
Foster Healthy Communication with Your TenantsCommunication is important in every area of life. Whether it is with your significant other, your child or parent, your teacher or boss – or the tenants in your rental property – you must foster healthy communication.Within a landlord and tenant relationship, open communication all...
Marina Shlomov - Tuesday, May 26, 2020
Is Your Resident a Hoarder? Here’s What You Need to Do.When you rent out your property to approved tenants, you expect that they will care for your property appropriately. There is no guarantee, of course, but it sure is something to hope for. So, then, what happens when you find out that your resident is a hoarder? We’ve...
Marina Shlomov - Thursday, May 21, 2020
How do you know if you should invest in a particular property? You know what feels good to you if you were purchasing a home for yourself – but this isn’t yours, right? How will you know if the property will intrigue tenants? Without thorough research of the market – and the property – you won’t know if ...
Marina Shlomov - Tuesday, May 19, 2020
Rental Showings, Virtual Tours, and Social DistancingThere are a lot of things going on in the world around us these days – primarily the effects of the novel coronavirus, COVID-19 - that are impacting the normal way we handle business. And, while this virus is changing life when it comes to grocery shopping, entertainment, fitness,...
Marina Shlomov - Tuesday, May 12, 2020
Reduce Vacancies During Economic Turmoil Our country has never really faced a pandemic such as the one we are facing now. So the way we have handled things in the real estate and property management industry in tough times in the past will not work today. When the economy takes a nose-dive, we need to take steps that will allow us to redu...
Marina Shlomov - Tuesday, May 5, 2020
Why Your Rental is Not RentingYou invested in a rental property, made it look inviting, and listed it as ‘For Rent.’ And, unfortunately, that is where the story ends. Maybe you have shown the property to individuals who have no further interest in renting. Or, maybe you have not received any interest at all. Not being able to ...
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