Ten Terms to Include in Your Rental Lease Agreement
Ten Terms to Include in Your Rental Lease Agreement A rental lease agreement will set out the terms that tenants and landlords have agreed to follow in their relationship. It’s a legally-binding contract along with being a practical reference document packed with...
Security Deposits and Renters’ Rights
Security Deposits and Renters’ Rights Property managers and landlords around most rental communities in the United States are legally allowed to require what’s known as a security deposit. The purpose of the security deposit is for the landlord to hold onto if...
Is It Easy to Work With a Professional Property Management Company?
Is It Easy to Work With a Professional Property Management Company? People who are exploring the possibility of outsourcing part or all management duties for their properties typically wonder first: is it easy to work with a property management company? Frankly, the...
Should I Hire a Property Management Company?
Property management companies can be huge boons for time saving and for your business, and there are multiple reasons why it’s an intelligent decision to hire one. The property management experts at Keyrenter have put together some things to consider that might...
13 Keys Of Rental Success
Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
Should I Furnish My Long-Term Rental Property?
Typically, long-term rentals are unfurnished, however, based on your situation or the property, furnished can sometimes make sense. It’s really up to the owner on what they are willing to offer to the tenants, and where the property is located. If you are looking into...
4 Tips for Managing Multiple Properties – Keyrenter Chattanooga
Looking for a way to build your wealth through investments without playing the stock market? If so, investing in real estate is the best way to go. Take it from a group of millionaires who made their fortunes this way—property is one of the most stable forms of equity...
Rental Property Tax Deductions: What Landlords Should Know – Keyrenter Chattanooga
Rental Property Tax Deductions: What Landlords Should Know When you’re a landlord, your savings can quickly get bolstered from the rental income, but there are also a lot of responsibilities to consider. Not only do you need to secure safe housing conditions for...
A Landlord’s Guide on How to Help Tenants During the Covid-19 Pandemic – Keyrenter Chattanooga
The COVID-19 crisis has left millions of Americans in a tight financial spot. Many have been furloughed, laid off, or had to close their businesses. Others are saddled with medical bills from hospital stays or are dealing with grief from losing a loved one to the...
Essential Things to Do If Your Tenant Can’t Pay Rent – Keyrenter Chattanooga
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. ...
How to Avoid Bad Tenants
Unfortunately, Chattanooga rental property owners sometimes fall victim to bad tenants. A bad tenant might be a tenant who fails to pay rent consistently, a tenant who severely damages your rental property, or a tenant who does not follow the rules and regulations...
5 Landlord Responsibilities Every Landlord Should Know – Keyrenter Chattanooga
Did you know that there are over 48.5 million rental units in the US? While there aren’t many accurate statistics on how many landlords there are, suffice it to say that that million rental units means that there are quite a few landlords across the US. If you...
How Keyrenter Can Help You Manage Your Property – Keyrenter Chattanooga
Are you a new property owner looking to rent out your private unit? Maybe you’ve been a landlord over several multi-unit complexes for some time, and while this industry is nothing new to you, you’d like to optimize the way you manage your property. No matter where...
Why Keyrenter Should Be Your Preferred Property Management Company?
When you are selecting a property management firm in Chattanooga, it is important to select one that will be the best fit for you and your residents. If you have been managing your property, you already have built relationships with your tenants, and you understand...
Spotting and Handling Red Flag Tenants
When screening tenants for your rental, it’s a pretty simple process. However, many landlords don’t perform this easy task. They take in subpar tenants, let them put undue strain on the property, and trade deferred maintenance for profit. All tenants should meet your...
Important Items to Include in Your Lease Agreements
Your lease agreements are incredibly important to protect your business. They serve to protect both parties in the agreement and ensure that everyone remains on the same page throughout the rental process. It is important to ensure that your lease agreement includes...
8 Ways to Reduce Rental Property Vacancies
A big expense for all landlords out there is vacant properties. Lost rent, maintenance and repair fees, cleaning costs, and advertising can all add up the longer the unit sits on the market. This lost expense can really take a toll on your company, so finding ways to...
How To Have a Successful Rental Property
Investing in a rental property is an incredibly lucrative business. There is a growing need for places to rent, so it can certainly be profitable. However, the last thing you want is to invest such large amounts of money into a rental property that you have difficulty...
Best Practices For Reducing Pest Invasions In Your Rental Properties
Taking all of the steps necessary to prevent pest invasions is incredibly important, because infestations can be devastating to your investment. In addition, pest infestations often chase tenants out of the property, which means that the rental property will be far...
How to Properly Do a Tenant Screening to Get The Best Tenants
Screening tenants properly is an important part in reducing the possibility of evictions and vacancies in the rental property. A poor-quality tenant may fail to pay rent, do damage to your property, or cause an eviction to become necessary. When you do everything...
Tips and Tricks for a Successful Move
Moving is never easy, so it’s important to take steps to make the transition as stress-free as possible. Before the Move: Be sure to let your utility company know you’re moving at least a month in advance. The sooner you do this, the easier it will be to transfer your...
10 Creative Ways to Upgrade Your Property to Increase Its Value
There are many ways to improve the value of a property. The more your property is worth, the more you can potentially charge tenants in rent. Additionally, these improvements can go a long way toward increasing the overall satisfaction of your tenants. Here are 10...
Best Hiking Trails Around Chattanooga
There are many fun things to do in the Chattanooga, TN area. The hiking trails are some of the best features in the area, as they provide unique, breathtaking views. Knowing the best hiking trails can go a long way toward enhancing your hiking experience when in the...
What To Look For During Maintenance Inspections
Routine property inspections are designed to help landlords check on the status of their property. Are your tenants adhering to the lease agreement? Do you have issues with the property that need to be repaired? Maintenance is needed from time to time for landlords...
Buying Vs. Renting a Home in Chattanooga
Millennials are flocking to areas like Chattanooga thanks to the affordable housing market. The Chattanooga job market continues to grow and the affordability rate for people in their 20s and 30s continues to improve. Young adults have not been purchasing homes at...