As changes in employment benefits and trends continued to drive people out of denser, urban environments, it became more difficult for thousands of landlords to fill their units in 2021.
The SmartMove® blog was started to provide you with the information you need to find and keep the best tenants, and improve your bottom line. This year, blog topics focused on tactics and processes that property owners and landlords can review and decide to use to find the best renters.
Whether you’re an experienced property owner or a first-time landlord, the insight found in these articles can help you to take the next steps with your rental investment.
Please remember that while the SmartMove blog is full of helpful information, it is not intended to be complete information nor is it to be interpreted or used as legal advice. You are encouraged to consult laws applicable to your business and to consult your own legal counsel. In addition, the trademarks used in this post are the property of their respective owners, and no endorsement or association is implied.
There are many reasons to become a landlord. Some take pride in ownership, while others chase monetary benefits. In either scenario, being profitable is the bottom line. This article shares 15 tax deductions that landlords should be aware of. When tax season is looming, you may want to check with your tax professional or CPA to see if your property portfolio could qualify for any of these deductions.
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It is hard to find a good tenant. For any given property, you could be weeding through hundreds of interested applicants, and may not even fully know what to look for. Truth be told, it’s a little bit like dating, only no one’s insulted when you request a security deposit.
This article aims to help you to find great tenants the first time, so you can keep your rental properties from being suspended in legal and financial turmoil.
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In the rental business, it’s your money and your property on the line. One nonpaying tenant could lead to loads of unneeded stress for your business's ability to generate income. This article shines a light on any potential red flags that may arise following a credit check. Feel more comfortable and confident when making your next decision on a tenant for your rental property.
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In addition to the risk of finding a nonpaying tenant, you could also face issues with tenants who are actively scamming you. The applicant may look perfect on paper but could cause financial ruin for an unsuspecting landlord. Rental scams can vary in size and scope but include such offensives as falsified credit reports and employment history, false service animal letters to circumnavigate pet policies, and even unauthorized tenants.
Take a closer look at rental scams in this article and gain some insight on how to avoid becoming a target.
These days, there are so many online listing resources for landlords. With so many options to choose from, determining where to list your rental property may feel like a daunting task to some. We’ve taken some of the stress out of the equation, reviewing 26 of the best listing sites. Not all websites are created equal, but these ones are among the most popular, effective, and user-friendly (in our humble opinion). Take a look and find the best one for you and your property.
Sifting through rental applications can be stressful, and you want to make sure you choose the right tenant. But how do you know what to look for? A subpar renter could eat away at your financial reserves and disrupt the success of your rental business. The good news is that you can tailor your rental application to ask the very best questions to find the right for your property.
Our guide is a great place to start if you are getting ready to rent out your space.
For powerful insights into your potential tenant’s background, run a more comprehensive online renter check with SmartMove. From credit checks to criminal records to eviction reports, you’ll gain greater confidence that your applicant is who they say they are—on the spot.