Property Management Insights

Doing move-in and move-out inspection reports. You must know the difference between wear and tear and damage. inspection reports with photos can be a life-saver if you end up in court. 

Rental property wear and tear is an inevitable aspect of property management, reflecting the gradual deterioration that occurs from normal, everyday use. It is important for landlords and tenants to distinguish between wear and tear and damage to maintain a fair and effective lea...

Introducing the EDENPURE Thunderstorm Oxileaf II Air Purifier. For more information, visit their website at www.edenpure.com. Please note, I do not receive any compensation from this product or vendor.I first discovered this air purifier when listening to the John Fredericks Radi...

The deteriorated chimney liner shown here would likely remain undetected in a casual walk-through. A chimney liner inside a masonry chimney is a vital safety feature.  In this photo, the chimney liner has deteriorated over time, and in some places it has disintegrated altoge...

How much security deposit should you hold? The general rule of thumb is one month’s rent but over the last few years we have noticed that tenants are just leaving lots of personal property and not really cleaning their rental upon termination of their lease. They are expect...

Early termination. No one likes a surprise termination by their tenant so to help ease the pain, make sure your lease has an early termination clause that outlines fines the tenant will incur. You can use these fines as a negotiating tool to ensure your property is readied withou...

As an Owner, you need to put yourself in a tenants shoes when it comes to renting your property. Make sure your home is rent ready and has been repaired. So often our new owners think they can touch up a wall and it will look fine. It doesn't. This is the biggest complaint we...

Security deposits are used to motivate tenants to take care of your property and are used to recoup damage they cause, ensure rents will be paid, and other responsibilities of the lease are performed. But there are state laws governing the use and protection of these funds and if...

A move-in inspection is when the landlord and tenant walk through the rental documenting the condition prior to the tenant moving in and before handing over the security deposit. This report will be used when the tenant moves out to determine if there was any damage caused by the...