SherRon Marcek 
Renting a home to tenants can be a great way to earn some extra income on a very flexible schedule. The funds you earn from renting your property could even go toward investing in more properties, effectively increasing your yearly earnings significantly over time. Most landlords rent their properties to people they don’t know personally …
As a landlord, you set your rent prices at specific amounts based on factors like property value, maintenance costs, your own income needs, and the average costs to rent similar properties nearby. However, just because you’ve set the perfect rent price once doesn’t mean it should stay at that amount forever. Landlords and property managers …
Many of us are finding ways to be more eco-friendly in our own lives in order to protect the health of the planet. This includes reducing plastic consumption, recycling when possible, and watching our water and electricity usage. Did you know that as a landlord, you could be taking steps to make your rental property …
If you own a single-family residence with utility usage that is separate from the other properties in the area, the way in which your tenants are charged for utilities is straightforward and unaffected by any nearby residents. However, if you’re in charge of multiple units within a single building, such as an apartment or condo …
It’s important to keep up maintenance tasks on your rental property throughout the year. This ensures that your tenants are comfortable and well taken care of, your property remains at legal living standards, and you catch any issues or repair needs early on. What if your rental property is only or mostly used during the …
Whether you’re a landlord or a renter, it’s important to understand your obligations for lawn maintenance on a rental property. During the lease signing, the landlord and tenant should go over these terms to make sure both parties agree. Addressing this issue upfront can help avoid awkward situations later. Who Is Responsible for Lawn Maintenance …
As you prepare a vacant rental unit for new tenants, you might want to make low-cost upgrades for rental properties. Simple changes can attract better candidates. You will have to leverage the benefits of those upgrades against the costs associated with making them. While undertaking a large renovation is costly and should be done rarely, …
Whether you’re the property owner or the tenant, there are few reasons to consider installing pools and hot tubs on rental properties. When the tenant takes the time to create a well-developed proposal for this type of property enhancement, the landlord or property owner will be better prepared to decide on the request. Handling the …
There are many aspects of property management that landlords have to consider in order to make sure their homes are safe and livable for their tenants. One of the most important systems within a home, apartment, or condo is the HVAC system, which handles heating, cooling, and air quality within a home. Depending on where …
Being a landlord can be a great way to earn income on your own schedule, especially if you own a property that you’re not using and would be standing vacant otherwise. However, while managing a property can be lucrative, it’s certainly not easy and takes a great deal of time, attention, and expertise to be successful. …
PayRent is on a mission to build a rent collection app that fosters a positive and productive relationship between renters and landlords. We focus less on transactions and more on the people behind them.
