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Military Personnel May Break Leases

April 2007  •  Posted In: Residential Resource

As the country continues to mobilize into almost war time conditions, with no clear cut or specific time frame for its duration, apartment owners and managers are being reminded about a law that gives residents who are called to active duty the right to break their rental leases by following… Read More

Defining Wear and Tear

February 2007  •  Posted In: Residential Resource

A hole in a plaster wall, a broken window, crayon marks on the ceiling, cabinet doors torn off their hinges—those are obviously above and beyond normal wear and tear. How about a worn place in the carpet, or tiles on the kitchen floor that are cracked or missing? That is… Read More

How to Attract Quality Tenants and Avoid Fraud in the Process

February 2007  •  Posted In: Residential Resource

As an investor, you already know what kind of investing strategy you want to take. However, what you may not know is how to find and attract quality, longer-term tenants. I will give you a hint on the best way to do this and it is probably not in the… Read More

What Did You Just Agree To?

January 2007  •  Posted In: Residential Resource

There was a time when a handshake meant an agreement had been reached. There was even a time when a handshake was enough to cement an agreement with a tenant when you rented to him or her. Those were the good old days. The days before landlord-tenant laws, landlord-hating attorneys,… Read More

Identity Theft & Fraud Alerts

January 2007  •  Posted In: Residential Resource

The next time you order checks, have only your initials (instead of your first name) and last name put on them. If someone takes your check book they will not know if you sign your checks with just your initials or your first name, but your bank will know how… Read More

Bugs! Whose Problem Are They?

January 2007  •  Posted In: Residential Resource

When that itsy bitsy spider comes down the waterspout or hangs over the baby’s crib, should we, as property managers or landlords, care? I conducted a random survey of property managers to find out what policies, if any, there are concerning insect and rodent issues. Surprisingly, no two are alike…. Read More

Top 10 Management Clauses

November 2006  •  Posted In: Residential Resource

In January I was fortunate enough to attend the Leadership Symposium in Dallas, TX. I was inspired by Andrea Caldwell’s presentation on a property sales management clause. I wondered what other clauses that I was missing out on just because I had not experienced a conflict with an owner or… Read More

 

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