Tenancy Legal Definition
A tenancy agreement is a contract that establishes the rights and responsibilities of both the landlord and tenant. The terms of the tenancy must be …
Landlords
What is a Warranty Deed
If you own a home or have ever bought or sold real estate, then you have probably heard of a warranty deed. But what does …
Section 8 Housing – Good or Bad Investment?
Section 8 housing is a type of rental housing that’s subsidized by the government. Section 8 was established in 1965 as part of Lyndon Johnson’s …
What is Rent Zestimate?
A Rent Zestimate® (pronounced Zest-ti-met, rhymes with estimate) is Zillow’s estimated monthly rent price, computed using their proprietary algorithm. It is a starting point in determining …
What is Tenant Screening and How to Do It Legally
Tenant screening is the process of verifying a potential tenant’s background and creditworthiness. It’s important to do this because it can help you avoid renting …
What is a Tenant Improvement
If you’re a landlord, you’ve probably heard of the term “tenant improvements.” If not, that’s OK! We’re going to break it down for you: what …
What is Debt Service and How to Calculate It
Debt service coverage ratio is a financing term that describes the relationship between a property’s operating income and its total debt. A high ratio indicates …
What is a Duplex and How to Invest
A duplex is a type of residential building with two dwellings, sometimes located on the same lot. A duplex home is typically used to accommodate …
6 Top Rental Property Management Software for 2023
Rental property management software is a critical component to maximizing your rental income. It helps ensure that you don’t spend your time on the minutia …
Craigslist Rental Listing Do’s and Don’ts
It’s amazing how far Craigslist has come. I remember when I first started using it, back in the mid-2000s. At that point, it was mostly …
