Better Landlording

(Blog and Educational Content)

July 8, 2015

Security Deposit Tips for Landlords

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A security deposit is any money a landlord takes from a tenant other than the advance payment of rent. The security deposit serves to protect the landlord if the tenant breaks or violates the terms of the lease or rental agreement. It may also be used to cover damage to the property, cleaning, key replacement, or back rent. But how much should the property owner charge for security deposit? Here are some things to keep in mind:

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June 18, 2015

Discrimination 101 - Lesson 5

Lesson 5: 100% Compliant defense.

When does discrimination begin, the second your phone rings or your text dings. Landlords are accused of violations based on people’s names, their grammar, the sound of their voice, the area code on the caller ID and more. You are on the defense already, get used to it.

Want a concrete defense?

Prohomes.com enables you to demonstrate compliance without a doubt. How? You never answer the phone, Sara does.

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June 17, 2015

Discrimination 101 - Lesson 4

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Lesson 4: Screen aggressively but fairly.

You right to evaluate your applicants is limited to those issues that may materially affect your home, specifically their income, references, and the results of a background screen. Shockingly, it is believed that at least 50% of landlords either choose not or haven’t found the tools to use. In today’s world with the internet at our fingertips, this is truly negligent and scary.

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June 15, 2015

Discrimination 101 - Lesson 3

Lesson 3: Old Timers’ blogs

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June 11, 2015

Discrimination 101 - Lesson 2

Lesson 2: Advertising properly.

Assume you’re a small landlord of one home, potentially exempt for the Fair Housing laws, but you need to advertise your vacancy – goodbye exemption. Now you need to follow the law.

What’s the first thing you need to do, post your ad on Craigslist, Zillow, the wall at Starbucks.

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June 10, 2015

Discrimination 101 - Lesson 1

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Lesson 1: The Basics.

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June 9, 2015

Diary of the Accidental Landlord - Part 6

Part 6: We moved away but want to return.

Many accidental landlords become landlords due to job relocation. Along with this transfer, hopefully a promotion, comes a tricky decision. It’s made even more complicated if the home you own is in a great neighborhood, your hometown and you’d love to live in again and even retire.

If your dream location is likely to increase in value, perhaps even outgrow your ability to repurchase it, you have keep it. The appreciation helps your finances tremendously, if it materializes. But what should I be worried about?

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