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How Much to Charge for Rent
How to Afford a House by Renting a Room
How to Be a Good Landlord
How to Check References of Prospective Tenants for Your Rental Property
How to Draft a Lease for Your Rental Property
How to Draft a Roommate Agreement
How to Evaluate Prospective Tenants for Your Rental Property
How to Evict a Tenant
How to Find a Roommate
How to Get a Home Equity Loan on a House You Are Renting Out
How to Manage Rental Property
How to Run Credit Checks on Prospective Tenants
How to Turn Your Home Into Rental Property
How to Type a Lease Agreement
Listing for Renting a House
Renting Out a Room in Your House
What to Know About Renting Your House
Rewards in real estate can come from ownership, management and sales. Managing rental property is a lucrat… More
To manage a rental property, have a clear rental or lease agreement signed by all tenants, maintain the pr… More
Rental property refers to land, office space or housing that is provided to others for a set monthly fee. … More
During your lifetime, there's a good chance that you'll have to rent the property you live in at some poin… More
Investing in rental property is a great way to earn extra money. Invest in a rental property using the rea… More
When advertising rental property, first put a rental sign in the front yard. Advertise rental property usi… More
Overlooking the tax benefits on rental property can cause a landlord who had hoped to make a profitable re… More
If you like the idea of dabbling in real estate, but don't have the resources or patience for buying and s… More
When drafting a lease for a rental property, first speak with an attorney to determine legal rights, find … More
Commercial rental property is a very wise investment for aspiring business owners or for people who are lo… More
Finding tenants for rental property requires getting the tenants to find you. Learn how to find tenants fo… More
Paying taxes on a rental property requires filing a 1040 form and preparing a Schedule E to list the prope… More
Turning a home into a rental property usually requires bringing the house up to code, increasing the insur… More
Summary: To manage a rental property, have a clear rental or lease agreement signed by all tenants, maintain the property to code, provide a safe environment and keep open lines of communication with tenants. Manage a rental property to be a good landlord with advice from an experienced property manager and landlord in this free video on rental property.
Damon Thompson owns three rental properties in Detroit, Mich., and has owned up to seven rental properties at once for more than 15 years. He is the owner and manager of all...read more
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"Hi I'm Damon Thompson I've been a landlord for over ten years and I have five multi unit buildings. This is how to manage rental property. The first thing you want to do in managing rental property is have a clear rental or lease agreement that your tenants have signed. You want to make sure it covers everything in your property in terms of the maintenance of the property, how rent will be collected when will it will be paid and any upkeep that the tenant is responsible for as well as maintenance items that you are responsible for. The next thing you want to do is take care of the property and treat your tenants the way you would want to be treated. It's your rental property but it is their home. So you want to give them that respect of having this is their home and you want to have that respect level with them. You want to make sure you maintain and upgrade your rental property and you want to keep it safe. You want to have well lighting for the outside at the parking areas and and you want to make sure that the light bulbs are in. You also want to have smoke detectors and fire extinguishers. You want to keep it as safe as possible. And you want to make sure that your tenants communicate with you so that they have a small problem, you can fix it so it doesn't become a larger problem later. And you want to make sure you have a plan in place for maintenance rent collection as well as any type of disagreements that you may have with your tenant. I'm Damon Thompson and that's how to manage rental property."
eHow Article: How to Manage Rental Property
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