AnswerGetting started
How do I switch from a property manager to self-managing?
Plan a documented handover: review the management agreement, obtain complete records, reconcile money held and give tenants clear instructions...
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1069 posts
AnswerMaintenance & repairs
How do I track maintenance requests?
Keep one traceable record for each issue, with the report, responsible person, status, communications, work and completion evidence. Make the next...
AnswerAccounting & taxes
How do I track rental property expenses?
Record each expense with its date, payee, property, amount, purpose and supporting document. Reconcile those records to completed payments,...
AnswerTenant screening
How do I verify a rental applicant's identity?
Use a proportionate, secure identity-checking process that confirms the applicant matches the application and screening records. Collect only the...
AnswerTenant screening
How do I verify a tenant's income?
Use relevant, reliable evidence of the income an applicant expects to use for rent. Match the documents to the applicant, account for different...
AnswerAdvertising & listings
How do I write a rental listing that gets replies?
Lead with the facts renters need: location, rent, size, available date and key terms. Add accurate photos and a clear next step, then check the...
AnswerRent & payments
How do late fees work and what is reasonable?
A late fee must be permitted by the lease and applicable law. Check the due date, any grace period, amount limits and local restrictions before...
AnswerAdvertising & listings
How do seasonal trends affect rent pricing?
Rental demand may vary by season and local factors, but national patterns do not reliably predict an individual market. Compare recent local...
AnswerLaws & local guides
How do voucher payment standards work?
A payment standard helps the housing agency calculate subsidy; it is not automatically the approved rent for a particular unit. Rent...
AnswerPortfolio & AI tools
How does an AI leasing assistant answer rental leads?
A leasing assistant typically uses available listing and policy information to help answer inquiries or organize follow-up. Its exact abilities...
AnswerAccounting & taxes
How does rental property depreciation work?
Depreciation generally recovers the basis of qualifying rental assets over time. Land is not depreciable, and the recovery method depends on the...
AnswerLaws & local guides
How does Section 8 pay rent?
In the Housing Choice Voucher program, the housing agency and tenant generally pay their respective approved shares under the applicable...