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Blog Post
By Michael Bielon

Is Your Rental House an Asset?

Is Your Rental House an Asset? The answer may surprise you.So, is your rental house an asset? Maybe you’re thinking, well that’s dumb, of course a house is an asset. But is it really? Yes, it’s an asset, on paper a rental house is definitely an asset, but it&rsq...
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Blog Post
By Michael Bielon

Should You Require Renters Insurance?

So should you require renter’s insurance? Absolutely.Renter’s insurance not only protects the tenant’s property, but it also protects the owner’s property. This is big.If a tenant causes damage to the property such as a fire, the tenant’s renter&rsqu...
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Blog Post
By Michael Bielon

Should Landlords Allow Pets?

Should owners allow pets in their rental property? I say yes but be smart about it.Many landlords just reject the idea of having pets in their rental property. Their concerned about damage, complaints, and dog bites. These are real issues, but they can be resolved.But why even bo...
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Blog Post
By Michael Bielon

Should You Collect First Month's Rent, Last Month's Rent, and Security Deposit?

Should you collect first month’s rent, last month’s rent and security deposit when a tenant moves in? Sounds pretty good but is it. The answer coming up.Should you collect first month, last month & security deposit? No. This is not a good idea. There are a few pro...
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Blog Post
By Michael Bielon

How to Spot a Fake Landlord on an Application

How do you know if the landlord listed on an application is real or made up? The answer coming up.Let’s face it, if an applicant is a bad tenant, they aren’t going to list the real landlord or property manager on their application. They’ll get denied.So, what do...
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Blog Post
By Michael Bielon

Should You Show a Home For Rent When Tenant Occupied?

Showing a home for rent before it’s ready or when it’s still tenant occupied. Good idea, right?Should you start showing a home for rent while still tenant occupied? No, you should wait until the home is vacant and shows well. But why wait until the home is vacant? We ...
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Blog Post
By Michael Bielon

The Tenant Screening Mistake That Can Cost You

What you are about to read can save you from having serious tenant problems.We screen for good long-term tenants by checking an applicant’s credit, employment, eviction history, criminal history and residence history. We check an applicant’s rental history by contacti...
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Blog Post
By Michael Bielon

A Tenant Nightmare Story & How To Avoid It

Coming up, a tenant nightmare story and how to avoid it.Okay, so I got a call from a landlord with a situation he was facing. He was managing the property himself and had a tenant who stopped paying rent and wasn’t sure what to do next. Unfortunately, this landlord ended up...
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Blog Post
By Michael Bielon

Should Landlords Accept Rent in Advance?

The tenant wants to pre-pay their rent for a few months or even a year in advance. Sounds wonderful. Should you accept this?So a tenant comes to you and wants to pre-pay their rent for a next few months or even for a whole year. They say they have the money now and makes it easie...
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Blog Post
By Michael Bielon

Should Landlords Purchase a Home Warranty?

Should landlords purchase a home warranty?I don’t think a home warranty is a good idea for rental property. As a matter of fact, I won’t even manage a property with a home warranty.Home warranties may be okay for home ownership, but with rental property, I don’t...
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