What is the 80% Carpet Rule and How Should I Handle It?

What is the 80% Carpet Rule and How Should I Handle It

If you’re a tenant in a New York City high-rise apartment or condo, you’re probably familiar with the “80/20 carpet rule,” which requires you to cover 80% of your floors with carpeting. Although not common everywhere, this rule does appear in lease agreements in some places other than the Big Apple. The primary purpose of […]

Landlord Liability for Tenants’ Dogs

Landlord Liability for Tenants’ Dogs

One of the reasons landlords are reluctant to rent to tenants with dogs is fear that if the dog injures someone, the landlord, as well as the dog’s owner, may end up paying. It’s very rare, however, for a landlord to be found liable for injuries inflicted by a tenant’s dog. Just leasing premises to […]

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Property Management Horror Stories You Can Learn From

Property Management Horror Stories You Can Learn From

In property management, horror stories are not what you want to be a part of, and yet, any property manager can tell you a few. We asked around, and found that with time, working as a property manager is not without the occasional nightmare. Whose home is this, anyway? Two stories from the state of […]

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The Future of Keyless Access For Property Management

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Re-keying locks on your properties, after the tenant leaves, can get tedious and expensive, causing too many property managers to skip the re-keying process entirely, opening themselves up to an uncomfortable amount of liability. In this article, we wanted to share an interview between Doorgrow and Prempoint. They discuss a comprehensive messaging, access control, and automation software […]

How to Educate Tenants About Using a Septic System

How to Educate Tenants About Using a Septic System

Many US residents rely on wells and septic systems.  If your rental property depends on a septic system, it’s crucial that your tenants know the do’s and don’ts of its operation because it is different than city sewer systems. According to Jane Megitt and landlordology, a landlord can do the following things to help educate […]

What’s More Costly: Rental Vacancies or Filling Rentals With Subpar Tenants?

What’s More Costly Rental Vacancies or Filling Rentals With Subpar Tenants

One of the most important factors that today’s real estate investors need to watch out for is choosing partners and professionals who have really mastered the dynamics of tenant screening and occupancy. Each investment opportunity is only as good as the execution. Without a great handle on tenant management, the results can be disastrous. Unfortunately, many […]