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Landlord Insurance: Everything You Need to Know

Osprey Property Management

Renting out property can be profitable, but it carries certain risks that traditional homeowners' insurance might not cover. That's where landlord insurance comes into play. This specialized kind of policy is tailored to protect property owners who rent out one or more residential homes, apartments, or condos.

Insurance 235
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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours notice before entering, respecting tenants privacy and adhering to specific state laws regarding entry reasons and times. Privacy Both landlords and tenants have the right to privacy.

Landlord 246
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What Does A Landlord Look For In A Credit Check?

Rental Choice

Credit checks are handy screening tools that provide landlords with more insight into the tenant’s financial history and responsibility. What does a landlord look for in a credit check? It can provide landlords with an in-depth understanding of the tenant’s financial health. Let’s find out.

Landlord 246
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Rent Collection On Holidays: Landlords Should Plan Ahead

Rental Choice

Rent collection on holidays can be troublesome for many landlords, as they face many challenges in collecting them on time. Since these days are usually the busiest in the year, it may impact the priorities of both landlords and tenants, causing delays in handling holiday rent. What Can Landlords Do?

Landlord 130
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Rent Payment Methods Landlords Should Offer Tenants Apart From Cash

Rental Choice

Cash is a popular way to collect rent in the United States. What other rent payment methods should landlords consider? Why Offer Other Rent Payment Methods? Offering various landlord rent payment methods provides many benefits for both the landlord and tenant. They are also prone to human error.

Landlord 130
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What Does ‘Prorated Rent’ Mean? What You Need To Know

Bay Property Management Group

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

Rent 130
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What Is A Rental Arbitrage? A Guide For Landlords

Bay Property Management Group

With rental arbitrage, tenants rent from your property in the long-term and sublet it to short-term renters through Airbnb, VRBO, and other platforms. Then, they get their landlord’s permission to sublet it to others. Legal Considerations One of the biggest risks of rental arbitration for landlords is legal trouble.

Landlord 147