NationalEvictions Blog – Learn Through Industry Articles about Legal Services, Laws and the Eviction Process.

7 Landlord Mistakes

7 Landlord Mistakes

  • Posted: Dec 15, 2016
  • By:
  • Comments: 0

7 Landlord Mistakes

No. 1 –  Too quick to fill a vacancy

I often see new landlords and investors fall prey to this one.

I, too, many years ago made these bad judgment calls (never again). It is easy to drop your standards when a unit is about to become vacant.

Emotions take over and a prospect comes to you waving cash at you.

Sure, they do not represent the perfect tenants. Or their income is lower than you as a landlord might require. But they are nice people and they have the cash for the deposit and first month’s rent.

Besides, I  think, “I will start negative cash flow next week if I do not rent to them.”

Three months later, I struggle to collect rent and month after month is a fight to get paid. I tell myself, “I wish I held out for better tenants.”

Like so many others, I have learned it is far better to have a few weeks of vacancy while finding the best tenant than to hurry and rent to a bad apple.

Continue reading

Tags: ,
Tenant Screening: A Must for your Property!

Tenant Screening: A Must for your Property!

  • Posted: Oct 12, 2016
  • By:
  • Comments: 0

If you want to minimize the risk in your property investment business, you should understand that a key to your success isn’t just buying the right investment property.

Whether that’s you, or someone you hire. And a critical component of property management is finding the right tenant for your real estate investment property, which means tenant screening should be at the top of your priority list. Here are five things you can do to ensure that your tenant screening process helps you identify the best tenants and weed out the bad ones.

Continue reading

Tags: ,
Reasons a Tenant Can Legally Break a Lease

Reasons a Tenant Can Legally Break a Lease

  • Posted: Oct 06, 2016
  • By:
  • Comments: 0

Reasons a Tenant Can Legally Break a Lease

In most cases, a lease is a legally binding agreement that cannot be broken until the lease term has ended. There are however, certain times when a tenant is able to break the lease without fear of penalty. The reasons a tenant can break the lease will vary based on your state’s landlord tenant laws. Here are five reasons a tenant can legally terminate their lease agreement.

 

Failure to Maintain Fit and Habitable Premises

One of the main responsibilities every landlord has is the obligation to maintain the property.

Some common obligations include:

  • Making Sure the Property Has Running Water at All Times.
  • Providing Proper Trash Receptacles.
  • Keeping the Common Area Clean and in Good Repair.
  • Performing Repairs.
  • Following Health and Safety Codes.

If a tenant believes that there is a significant health or safety violation at the property, the tenant can file a complaint with the local health or safety department or other property inspection organization or can file a complaint directly with the landlord.

Continue reading

Tags: , ,
Common Reasons for Tenant Eviction

Common Reasons for Tenant Eviction

  • Posted: Oct 06, 2016
  • By:
  • Comments: 0

Every landlord would love to have a tenant that pays rent on time, never complains, and renews their lease agreement every year. In reality, this ideal landlord-tenant relationship is difficult to find. Most landlords will have to deal with a tenant eviction at some point. Here are five common reasons you may need to file to get a tenant out.

  1. Non-Payment of Rent
  2. Habitual Late Payment of Rent
  3. Damage to the Property
  4. Disrupting Other Tenants
  5. Holdover

Every state has unique laws about evicting a tenant. You must therefore check your state’s landlord tenant law to find how and when you can file to recover possession in your state. You must always have “just” or “good” cause to file for an eviction.

Continue reading

Tags:
Selecting and implementing the perfect lease agreement.

Selecting and implementing the perfect lease agreement.

  • Posted: Aug 03, 2016
  • By:
  • Comments: 0

Selecting and implementing the perfect lease agreement

When you think of rental forms, the first thing that probably pops into your mind is a lease. Often, landlords place the emphasis on the that form, because that’s the one that forms the framework of the landlord tenant relationship.

Surprisingly, it’s more likely to be their rental application that trips them up. It would be a mistake to use vigilance in selecting and implementing the perfect lease agreement, only to neglect the rental application.

Continue reading

Tags: ,