Become an expert at Tenant Screening. No more bad tenants!
Use the LPA Rental Application for all applicants – even if they are recommended by friends! Remember, "The best way to avoid tenant problems is to avoid problem tenants."
Tackle that list of repairs or improvements – Remember Quality tenants are willing to pay a little more for a quality place.
Keep a professional arm’s length from tenants. No more being chummy with tenants! This is a business, not a hobby. “Familiarity breeds contempt.”
Increase rents on those under paying units. Increase cash flow.
Join a Landlord support group like the LPA and / or a local association. Why not have powerful landlord tools and support on your side?
Let tenants know I report late payments to a national tenant reporting bureau. If they want to maintain good credit in order to buy a home someday, a good rent payment record will help. The LPA site offers 4 options of tenant reporting: