July 2009: Should You Allow a Tenant to Paint

By Michael Mengden Tuesday, June 30, 2009

Often current or prospective tenants will negotiate with property owners on painting. The owner usually will consent to this with one thought in mind - saving money. However, they do not realize the problems that it can create, particularly if they do not outline any limitations...

June 2009: When the Tenant Calls

By Michael Mengden Sunday, May 31, 2009

You employed professional Property Managers to handle maintenance, rent collection, and difficult tenant situations. Then the phone rings and it is your tenant. There can be several reasons for a tenant call. You and your tenant know each other from previous contacts, so t...

May 2009: Tune up your investment for spring and summer

By Michael Mengden Thursday, April 30, 2009

There are great reasons to review spring and summer maintenance. The first is preventative maintenance. The second is to keep your investment in tip-top shape to attract good tenancy. In today's rental market, this is particularly important. In addition, providing repairs can de...

April 2009: Selling a property with a Tenant

By Michael Mengden Tuesday, March 31, 2009

Property owners face a tricky situation when they want to sell a property but still maintain rental income. No one likes losing income, but keeping a tenant in the property while the property is for sale requires careful consideration. Review the Sales Market It is importa...

March 2009: The Illegal Tenant

By Michael Mengden Saturday, February 28, 2009

The tenants sign the lease and move in. Sometime during the tenancy, another resident appears to be living in the property. This is a clear violation if the rental agreement contains wording that does not give the tenant the authority to do this. This situation can have differen...