Have you ever had more vacancies than you could handle at one time? Were any of those tenants slow-payers before they became no-payers and moved out or were evicted? As landlords, we should ALWAYS be actively managing our vacancy rates. My rule for managing vacancies with slow-pay tenants is to create the vacancy on MY […]
Have you ever had a tenant move out in the middle of the night? No warning, no call, NOTHING… Well this can be very frustrating or even scary if you NEED the rent to pay your mortgage. My first piece of advice is don’t panic. Don’t focus on the anger and frustration of the situation; […]
Landlords always want to know how to stop tenants from making late payments. Well, the answer is easy… just never let the start making late payments, and you won’t ever have to worry about how to stop them. Easier said than done? Not really. The best way to manage your tenants is to make […]
