When rent is unpaid, Housing Providers can be uncertain about the appropriate steps to take within the bounds of US law. Luckily, there are lawful routes for Landlords and Property Managers to reclaim unpaid rent, and one such avenue involves a rent collection agency.
The Benefits of Rent Reporting for Housing Providers and Renters Building Credit Together Facebook Twitter Linkedin Link Rent Reporting benefits both parties involved in the leasing agreement. For Housing Providers, it enhances their ability to screen applicants and reduces delinquencies. For Renters, it offers an opportunity to improve their credit score and financial standing. Table …
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Many Renters may be unaware that paying rent can help build their credit score. With the rise of rent reporting services, like FrontLobby, responsible Renters are now able to build their credit through timely rent payments, giving them the boost, they deserve.
Most Landlords and Housing Providers use standard lease agreements for their properties. These leases can be dictated by local laws, but often include similar provisions. In many cases, the lessee or Tenant is responsible for paying rent and utilities, maintaining the property, and following any other rules set forth in the lease agreement.
Finding good tenants is not an easy task. These tips from a landlord’s perspective provide higher chances for success in renting out your property!
Landlords are often busy people. The list of things a Landlord is responsible for includes but is not limited to, collecting rent, maintaining the property, and communicating with Tenants.
Landlords filling vacancies sometimes wonder where they can find a “Bad Tenant List.” This is also known as a Tenant blacklist or a “do-not-rent-to” list.
One of the most crucial elements towards building a good landlord-tenant relationship is the clear understanding of maintenance responsibilities. Even the most well-kept rental properties will need maintenance and repairs at one time or another.
When my husband and I owned a property management business, we’d frequently get calls from new landlords in crisis. One such call was from a man who bought and renovated a property. Sadly, he’d brought in less than stellar tenants and was at his wit’s end trying to evict them.
Tenant screening is often one of the least enjoyable aspects of managing a property. Yet, having a robust Tenant screening process is critical to minimizing risk and identifying the best fit for your rental.
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