Everything You Need to Know About Renewal Screening Checks

Everything You Need to Know About Renewal Screening Checks

Are renewal screening checks worth your time? Successful property management extends far beyond collecting rent and maintaining the physical condition of your rental units. One crucial aspect of ensuring the continued well-being of your investment and the safety of your tenants is the implementation of renewal screening checks. Renewal screening checks are a proactive and strategic approach to tenant management, allowing you to evaluate your current tenants' suitability for lease renewal. While your existing renters may have initially passed …

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Mastering the Art of Rent Collection: Strategies for On-Time Payments

Mastering the Art of Rent Collection: Strategies for On-Time Payments

When offered several investment choices, investors may choose a property investment because of its steady and constant cash flow. Steady cash flow can allow a landlord to calmly pay off their mortgage, utilities, and other financial responsibilities. That is why, as a landlord, you need to learn how to foster on-time payments from your tenants. With several years of experience in the local property market, Sun-Pro Realty and Management offers its advice. Using the following tips, you can substantially increase your chances of receiving on-tim…

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Holdover Tenant

Holdover Tenant

Does the term ‘holdover tenant’ seem like a new term to you? In this article, the team from Sun-Pro Realty & Management explains what a holdover tenant is, how they could impact your rental business, and how you can protect yourself as a landlord. What Is a Holdover Tenant? A holdover tenant is one who decides to stay on the premises even after their lease has expired, but generally continues to pay the rent and comply with the clauses of the ‘previous’ lease agreement. Landlords may find themselves in this situation when a tenant asks fo…

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Rental Documents Landlords Need

Rental Documents Landlords Need

One of the most crucial aspects of running a successful rental business is staying organized. Rental documents play a significant role in ensuring the smooth operation of your properties and protecting your interests as a landlord. In this article, we’ll go over some tips to help you keep your rental documents in order and maintain a strong rental business. The Importance of Organizing Rental Documents Legal Compliance: Rental documents can serve as legal evidence, ensuring that both parties involved in a lease agreement understand and adhe…

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How to Transition from Part-Time to Full-Time Landlord

How to Transition from Part-Time to Full-Time Landlord

Becoming a full-time landlord can be a rewarding and profitable venture for individuals looking to invest in real estate. Transitioning from a part-time landlord to a full-time role requires careful planning, dedication, and a thorough understanding of the responsibilities involved. Learning the benefits and responsibilities of being a full-time landlord can help you decide if this venture is for you. Read ahead to learn more! Benefits of Being a Full-Time Landlord Increased Income Potential One of the primary advantages of becoming a full-tim…

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