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Rent concessions are designed to help get a qualified tenant interested in your property fast - https://www.rentecdirect.com/blog/should-you-offer-rent-concessions/
What Are Rent Concessions and When Should You Offer Them? Rent concessions are designed to help get a qualified tenant interested in your property fast. Here are a few considerations before you commit.
Month-to-month leases can be signed with a new tenant, or they can be used to extend a current tenant’s lease who may not be ready to move out or renew their fixed-term lease just yet - https://www.apartments.com/rental-manager/resources/article/the-pros-and-cons-of-having-month-to-month-tenancies
The Pros and Cons of Having Month-to-Month Leases As a landlord or property manager, you have the choice of renting your property for a fixed term, such as 12 months, or on a month-to-month...
If you do not already have a first-time renter program in place, consider these tips to create a rental policy to ease into accepting these first-time renters - https://www.rentecdirect.com/blog/take-a-chance-on-first-time-renters/
Landlord Tips:Take a Chance on First Time Renters If your occupancy rates are high and you need your rentals filled, perhaps it’s time to take a chance on first time renters with these handy tips.
To help make your job easier, we’ve curated a list of three successful strategies for improving your relationship with your tenants - https://www.american-apartment-owners-association.org/property-management/latest-news/3-ways-to-improve-your-relationship-with-your-tenants
3 Ways to Improve Your Relationship with Your Tenants - AAOA When tenants and landlords have good working relationships, tenants are more likely to respect the property, pay on time, abide by the lease, consider renewing, and more.
Landlords will benefit from understanding all the expenses that go into owning a rental home beyond a mortgage payment. - https://www.rentecdirect.com/blog/maintenance-expenses-for-your-rental/
Maintenance Expenses for Your Rental Property To help landlords create a working budget, here is a look at the typical maintenance expenses associated with rental property.
One of the best ways to attract tenants, especially long-term tenants, is to cater to what they want. Here are the top 10 amenities that renters can’t get enough of. - https://www.apartments.com/rental-manager/resources/article/top-10-amenities-renters-can-t-resist
The Top Amenities Renters Are Searching For Tobe a successful landlord, you will need to attract tenants to your rental property.Writing an excellentproperty descriptionfor your...
Use these seven common parts of a lease to familiarize yourself with the structure and important elements of a rental lease agreement between you and your tenant - https://www.zillow.com/rental-manager/resources/lease-agreement-guide/
7 Essential Parts of a Rental Lease Agreement | Zillow Rental Manager Use these seven basic parts of a lease to help you when creating a rental lease agreement with your tenant.
Every landlord wants their business to be as profitable as possible. Sure, you can cut some costs to make that happen, but you should also search for ways to increase your profit - https://landlordtips.com/increase-value-of-rental
Best Tips to Increase the Value of Your Rental Property – Landlord Tips Here we've gathered some simple (and mostly cheap) tricks to increase the value of your rental property and make it more appealing to potential tenants!
Many landlords find it essential to check a prospective tenant's credit history to see how responsibly the applicant manages money - https://www.nolo.com/legal-encyclopedia/how-landlords-can-check-tenant-s-credit-report.html
How Landlords Can Check a Tenant's Credit Report Private credit reporting agencies collect and sell credit files and other information about consumers.
There are some do’s and don’ts when it comes to renovating your rental. Here are some of them - https://landlordtips.com/rental-remodel
Do's and Don'ts for Rental Property Renovations – Landlord Tips You'd have to invest in renovations to make your rental stand out and attract tenants. Here are some do’s and don’ts when it comes to renovating your place.
As a landlord, you need to protect your investment by establishing clear expectations about how you expect your tenants to responsibly handle co-tenancy - https://www.rentecdirect.com/blog/managing-roommates-landlord-tips-for-co-tenancy/
Managing Roommates: Landlord Tips for Co-tenancy Renting to roommates requires special attention when issues arise that could ultimately put your rental property or your rental income at risk.
Your property’s curb appeal may not be top of mind if your main focus is the unit’s interior, but remember that a renter’s first impression of your property in person will be from the outside - https://www.apartments.com/rental-manager/resources/article/guide-to-rental-curb-appeal
Landlord's Guide to Rental Property Curb Appeal To give your rental the best chance of standing out from the rest, try to consider more than just the obvious tactics. Interior improvements...
In this article, we learn more about when to use prorated rent and how to calculate it - https://www.fortunebuilders.com/prorated-rent/
Prorated Rent: What It Is & How To Calculate It | FortuneBuilders If you have tenants who are starting their lease in the middle of the month, you will need to prorate the rent. Learn what prorated rent is and how to calculate it at FortuneBuilders.
Assessing your property for the presence of lead paint is crucial before you rent to tenants, and especially before you start any home renovations - https://www.apartments.com/rental-manager/resources/article/understanding-the-lead-disclosure-rule
Everything Landlords Should Know About the Lead-Based Paint Disclosure Rule Lead-based paint was all the rage for decades. Praised for its ability to reduce drying time and resist moisture, lead-based paint was...
In this article, we go over 5 ways that not requiring renter’s insurance puts you at risk - https://www.american-apartment-owners-association.org/property-management/5-massive-risks-you-are-taking-by-not-requiring-renters-insurance
5 massive risks you are taking by not requiring renters insurance - AAOA It’s no secret that periods of tenant turnover are costly for landlords. The longer a property sits vacant, the more expensive turnover becomes.
Many times our goal as a landlord is to simply avoid tenant complaints. Do you know what it takes to be a great landlord? - https://www.american-apartment-owners-association.org/property-management/landlord-quick-tips/10-ways-great-landlord/
10 Ways to Be a Great Landlord - AAOA It is upsetting when we get tenant complaints as a landlord. It is hard work renting apartments or homes to tenants and it takes people skills and management skills. Many times our goal as a landlord is to simply avoid tenant complaints. But there are principles, if properly used, that can reduce or...
If you are a property owner, should you allow pets in your rental property? - https://www.petfriendlyhouse.com/should-you-allow-pets-in-your-rental-property/
Should You Allow Pets in Your Rental Property | Pros and Cons Whether or not you choose to rent your property to families with pets is a personal decision. However, with more and more people adding at least one pet to their home, it is wise to at least give serious consideration to including a pet policy to your rental agreement.
As a landlord, it's your responsibility to provide a safe living space for your tenants - https://www.fool.com/millionacres/real-estate-investing/articles/how-to-keep-tenants-in-an-apartment-building-safe-from-covid-19/
How to Keep Tenants in an Apartment Building Safe From COVID-19 The last thing you need is an outbreak in your building. Here's what you can do as a landlord or property manager to help prevent that.
Here are 5 reasons why having a rock-solid rental application helps landlords shore up profits - https://www.american-apartment-owners-association.org/all-landlord-forms/5-reasons-landlords-need-a-rental-application/
5 Important Reasons Landlords Need a Rental Application A rental application is one of the most important landlord documents you can have. Learn 5 major benefits from having tenants complete rental applications.
Accepting a deposit to hold a rental unit open for someone is legal in some states - should landlords accept these kinds of deposits? - https://www.nolo.com/legal-encyclopedia/how-handle-tenant-holding-deposits.html
How to Handle Tenant Holding Deposits Should landlords accept these kinds of holding deposits?
Beyond the headache of repairing damage, choosing the wrong renter for your rental property can lead to big expenses. Here's how to choose the right tenant - https://www.mysmartmove.com/SmartMove/blog/good-tenant-qualities.page
8 Qualities of Good Tenants (Best Prospective Tenant Qualities) Learn about the top qualities of good tenants and improve your search for your next renter with this guide from SmartMove.
Screening is not just about eliminating irresponsible tenants, it is also about reducing the number of problems and finding rental applicants who will be good fits for your properties - https://www.biggerpockets.com/blog/tenant-questions
13 Questions All Landlords Should Ask Prospective Tenants Before signing a lease with a tenant, make sure they meet the qualifications for your rental property. Here are the questions you should always ask.
It’s no secret that most pet owners treat their pets like family, so when it comes time to find a new home, these renters will be looking for pet-friendly rentals - https://www.apartments.com/rental-manager/resources/article/should-you-allow-pets-in-your-rental-property
Should You Allow Pets in Your Rental Property? It’s no secret that most pet owners treat their pets like family, so when it comes time to find a new home, these renters will...
Some landlords choose to charge a security deposit as well as first month’s rent. But what’s the purpose of collecting first and last month’s rent up front? - https://www.apartments.com/rental-manager/resources/article/collect-a-larger-deposit-instead-of-last-month-s-rent
The Pros and Cons of Collecting Last Month's Rent Before a tenant signs the lease and moves into your rental, there are a few things you will likely collect from them, including move-in...
If you're looking to achieve a higher return on a current or future investment property, here's what you need to do - https://www.fool.com/millionacres/real-estate-basics/articles/how-to-make-10-roi-with-your-investment-property/
How to Make 10% ROI With Your Investment Property A 10% return on investment on an investment property is more attainable than you might think. Here's how to get this return in your next real estate deal.
Choosing the right flooring for your rental property gives you several important options to consider so here are six things to look at for your property flooring - https://rentalhousingjournal.com/how-to-choose-the-right-flooring-for-your-rental/
6 Things To Look For In Choosing The Right Rental Property Flooring Choosing the right flooring for a rental property gives you several important options to consider so here are 6 things to consider.
Financial advisors recommend property owners build an emergency fund of three to six months’ worth of expenses - https://www.apartments.com/rental-manager/resources/article/how-to-build-an-emergency-fund-for-your-rental-properties
How to Build an Emergency Fund for your Rental Property Whether you call it a savings account or an emergency fund, it’s wise to have some extra money saved up for a rainy day. Financial...
Efficiency is key to staying on top of everything that you need to manage. These are some of the biggest time-wasters that should be avoided - https://www.rentecdirect.com/blog/time-wasters-for-landlords-to-avoid/
Time-Wasters for Property Managers and Landlords to Avoid For landlords and property managers, time-wasters can mean loss of revenue. These are some of the biggest time-wasters that should be avoided.
There are many ways to both evaluate a self-employed renter’s income and ensure they’re a good fit for your rental all in one fell swoop. Here are five of them - https://www.american-apartment-owners-association.org/property-management/landlord-quick-tips/tenant-screening/5-ways-for-landlords-to-evaluate-a-self-employed-renter
5 Ways for Landlords to Evaluate a Self-Employed Renter - AAOA Self-employed renters naturally strike fear in a landlord’s heart. Sure, we admire their moxie. But what about paying the rent? What about the ebbs and flows of business? How can you be sure a dip in sales won’t leave them weeks or months behind on paying up? The same goes for freelancers, gig w...
Conducting routine property inspections are one of the best ways to make sure your rental meets the safety standards mandated by state and local laws - https://www.apartments.com/rental-manager/resources/article/top-8-ways-to-know-if-your-rental-meets-safety-standards
8 Ways to Know If Your Rental Meets Safety Standards Conducting routine property inspections are one of the best ways to make sure your rental meets the safety standards mandated by state...
This is an introductory summary for what investors may expect from Form 4797 - https://www.fortunebuilders.com/form-4797/
What Is Form 4797: Tax Guide For Real Estate Investors | FortuneBuilders Form 4797 is used to report gains and losses from the sale of business properties. Learn everything you need to know about IRS Form 4797 at FortuneBuilders.
Here are 10 fire prevention tips for landlords including remembering to have a fire-action plan for tenants - https://rentalhousingjournal.com/top-10-fire-prevention-tips-for-landlords-and-property-managers/
Top 10 Fire Prevention Tips for Landlords And Property Managers Here are 10 fire prevention tips for landlords and property managers including remembering to have a plan to educate tenants.
If you want to prevent your tenants from paying their rent late, one way to do so is to charge late fees - mentions eviction - https://rent.uloop.com/news/view.php/286597/Why-and-How-You-Should-Charge-Late-Fees-on-Rent-Payments
Why and How You Should Charge Late Fees on Rent Payments If you want to prevent your tenants from paying their rent late, one way to do so is to charge late fees. This will provide your tenants with an incentive to get their payments in on time. Here are...
Fortunately, there are steps you can take to protect your rental investment property from excessive wear and tear -- and the costs of it - https://www.fool.com/millionacres/real-estate-investing/articles/5-ways-to-reduce-wear-and-tear-and-its-costs-on-your-rental-property/
5 Ways to Reduce Wear and Tear (and Its Costs) on Your Rental Property Wear and tear will happen -- but it shouldn't run you dry. Try these tips for reducing the costs of wear and tear on your rental properties.
Converting your rental to become low maintenance usually involves renovations using quality materials and simple tricks - https://www.apartments.com/rental-manager/resources/article/five-ways-to-keep-your-rental-property-low-maintenance
Five Ways to Keep Your Rental Property Low Maintenance As the owner of rental property, you want your investment to be successful, as well as easy to maintain. Whether you’ve recently...
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Real Estate Agent with Hinders Realty, Inc. Serving Northern Virginia & surrounding area.
Specializing in residential and investment property in the Fairfax County, Arlington County,Prince William County, and Loudoun County areas
When the time comes for your next move, turn to the man who has demonstrated that he is Committed to Service throughout his entire life, call Pete Dallman.
Real Estate around our neighborhood
REALTOR® | Licensed in VA
Licensed in Virginia
Buying his first investment home in Northern Virginia has kindled Tyler’s interest in real estate. A few years after being involved in investing Tyler began his career at Coldwell Banker. Check out my website at TylerStauder.cbintouch.com
Fairfax Realty has served buyers and sellers throughout Maryland, DC and Virginia since 1988. As one of the largest and fastest-growing companies in the area, we are proud to have been recognized by the Washington Business Journal.
I work with first time buyers, move up buyers, sellers, renters.
For all your Real Estate needs. Sell, Buy or Lease, I am here to help. 703-987-7795