What to do With a Tenant's Possessions After an Eviction
Evicting a tenant is always a challenging process. Even after successfully evicting a problematic tenant, you might have to deal with other issues, like figuring out what to do with the personal belongings they left behind. If tenants leave their belongings behind or is still having mail sent to their old address, you can’t simply throw it away. It’s your responsibility, as a landlord, to ensure that the tenant can retrieve their belongings before disposing of them. Not following this procedure could mean a significant financial loss for you. …
Top Tenant Complaints and How to Solve Them
Effective tenant screening can save you from many tenant-related problems in the long run. However, finding suitable renters doesn’t mean you won’t have to deal with tenant complaints. Learning how to deal with these complaints quickly and efficiently is the key to keeping tenants happy. Finding a prompt solution to their problems will allow you to build a better relationship with your renters. Additionally, this will minimize the risks of tenant turnover, as renters who feel like their concerns are addressed are less likely to move out. Most c…
Risks of Having a Vacant Rental Property
Having a vacancy is something that every landlord will experience. There will also be times when you’ll have extended vacant periods before you can find a new tenant. While this is inevitable, it’s important that you find a replacement as soon as possible. Not only does this impact your return on investment, but it also exposes the property to outside risks. We at Brentwood Square Management Services, Inc put together this article so you would be aware of the possible risks that an unoccupied property will be vulnerable to as well as some tips …
Why Pet Screening is Always a Good Idea
Pet-friendly rental properties are in demand because of the increase in pet ownership in the US over the years. Opening your rental properties to pets doesn’t always have to be challenging or risky. That’s what a pet screening process is for. It is always a good idea to screen animals before welcoming tenants and their pets in your rental space so you can maintain a calculated risk. With a well-thought-out pet screening process, you can properly draft your pet agreement and charge appropriate fees. We at Brentwood Square Management Services, In…
Becoming a DIY Landlord? 7 Mistakes to Avoid
Opting to do a DIY approach when it comes to managing your rental space is common, especially for new full-time landlords. Most new property owners think that self-managing is fairly easy. Some purchase real estate while others convert their own residential homes into a rental as a source of passive income. When self-management is doable, it can also lead to committing missteps that hurt your income and overall investment. Here are 7 mistakes DIY landlords need to avoid: 1. Insufficient Budget Allocation for Vacancies The rental business can be…