Archive for July, 2008

 

Rent Collection Tips For Landlords

Thursday, July 31st, 2008

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Are you from those landlords whose tenants do not pay the rent on due date? If so then here are some of the rent collection tips helping you to get the rent without any hurdle.

The first important tip is to screen the applicant before he actually becomes your tenant. It is wise to obtain his credit report, eviction history report and other relevant information. Give a call to his previous landlord to ask about the applicant’s behavior and character. Continue reading…


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Landlord Tips: Keeping Your Tenants For a Longer Period Of Time

Tuesday, July 29th, 2008

Every tenant hopes to get a good tenant but its possibility is very rare these days. If by chance the landlord’s wish comes true then because of some unfortunate or fortunate reasons, he chooses to leave the renting place right away. Have the landlords ever thought about the prime reason of the tenant to leave the renting area? If no, then here are some of the key points that the landlords must look in order to keep the staying of the tenant in your place for longer period. So here it goes.     Continue reading…


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Landlord Services for Tenants

Saturday, July 26th, 2008

There are many landlord services have to be provided by the owner of the property to the tenant. Some of these services are demanded by the tenants and some of them are to be given itself by the landlords. The owner should comply with certain rules and regulations along with the client when he enters into a legal agreement with his tenant on renting out his property. He should provide basic amenities like clean and hygienic premises, electrical circuitry to his tenants. Continue reading…


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Landlord’s Best Lease: No Tenants, No Termites, No Toilets, and No Trash

Thursday, July 24th, 2008

The four T’s that are No Tenants, No Termites, No Toilets, and No Trash, the best ever option for landlord’s. If said honestly, these 4 T’s are just not something that most people want to deal with on a day to day basis.

There is one very attractive alternative to deal with these 4 T’s is to offer your property as lease-to-own. In this case, you can write into your contracts that the buyer is responsible for all maintenance and upkeep on the property. Continue reading…


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How Good Character Reference Letter is Helpful For Landlords

Monday, July 21st, 2008

It is not tough to write a good character reference letter for the one who is trying to look for a rented house. It is a letter that is beneficial for both the tenant and the lender.

Character reference letters are normally written for the support of rental agreement or lease. It is a letter written by the third party who could be a friend, relative or colleague of the tenant. This letter actually tells about the social history, background and character of the person to whom the landlord is allowing to live in his property. Continue reading…


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Landlords Keeping Tenant’s Deposits in Their Pockets

Friday, July 18th, 2008

A survey by The Deposit Protection Service (The DPS) found 62 per cent of landlords willing to admit openly to prospective tenants that they were not registered with any deposit protection scheme – as required by law. They are keeping the tenants deposits into their pockets. Continue reading…


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NFRL Tie up with NLA to Create UK’s Largest Landlord Association

Wednesday, July 16th, 2008

The National Landlords Association (NLA) and the National Federation of Residential Landlords (NFRL), who together represent nearly 20,000 landlords, have finally decided for merging to build UK’s largest landlord association.

The larger NLA, combining the strengths of both organizations, will better represent the needs of all landlords at a time when the private-rented sector faces major challenges. Continue reading…


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Best Lease - Month To Month Agreement For A Landlord

Saturday, July 12th, 2008

Renting property is not an easy task. A novice landlord may ponder the questions as to whether use a month to month lease or not. There are some of the key features that should be kept in mind before making a decision to lease a property.

The landlord must consult with an attorney who is professional in the leasing area. Continue reading…


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Becoming Landlord: Ready to Face Some Problems

Thursday, July 10th, 2008

Usually, tenants think that the landlords are in benefit to earn double income by renting their property to them. But they never think that the tenants too have to face problems just like them. The fact is that it is not downright easy to be a landlord. There are some reasons that can be faced by the landlord. Continue reading…


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Tenant’s Deal: Buying or Renting - Which One is Best?

Tuesday, July 8th, 2008

It is a hard core fact that when the sales of houses come down, the price of rental increases at the same time. In recent years, the demand of people for rental house is rising speedily. But one thing the tenant has to keep in mind is that the renting is not better for a longer period of time for him. In US, one in seven households spends their half of the income on housing. The low income earners and first time home buyers have to go through this burden the most. Continue reading…


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