The COVID-19 pandemic has put over 40 million people out of work in the US–a full quarter of the labor force. While there are no reliable estimates as to how many of these people are renters, we do know that nearly 50 million people in the US rent their homes. Many...
Whether you’re in Wentzville, St. Charles, St. Louis, or any city in the state of Missouri, if you’re a rental property landlord, you need to make sure you are abiding by the Missouri Landlord Tenant Law. Below, we are going to break down some of the important...
Are you a Landlord in the St. Louis or St. Charles area? Are you, or your property management company conducting regular walk through’s of your rental property? If not, you should adjust your process to add this right away. Whether you own condos or single family...
What does the CDC Eviction Ban Moratorium Mean? On September 4, the Centers for Disease Control (CDC) placed a new order on evictions, and if you are a landlord, this is something you need to be aware of. Unlike the previous CARES Act eviction moratorium, this order...
It’s so important to make sure your rental property is priced strategically, as this will get it rented the quickest! Today I’m outlining some tips on how to price your rental property strategically. 1 Price it right the first time! I always get asked if we can...
So, you want to rent out the home you live in. Great! Welcome to the first step of being an investor! Today, I want to talk about cash flow. When I first talk to a potential client, one of the questions I ask is what they are expecting to get in rent. I usually...
As a landlord, it is important to know, understand, and be able to determine the difference between normal wear and tear, and unreasonable damage. But determining the difference between the two can be a challenge as a property owner. You don’t want to be caught paying...
Making sure a rental property runs smoothly is a landlord’s primary responsibility. They may also have to create lease agreements, screen tenants, and market rentals, but these all simply contribute to the overall goal. Although there are many different approaches to...
One question I get quite often from potential clients is why they don’t get to approve applications on their rental property. Why can’t I see the credit report and decide if the applicant is a good fit for my property? Why don’t I have the final say? There’s...
When I’m first onboarding a new owner, especially one who lives in the house they are currently going to rent out, I often get asked if they should, or can, leave the washer and dryer behind. It sounds like a good idea, and an excellent selling point, right? In a...
