AnswerLeases & renewals
Month-to-month vs fixed-term lease: which is better?
A fixed term and a periodic tenancy offer different planning choices, but neither guarantees payment or an unrestricted right to end occupancy....
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AnswerGetting started
Plan rental service fees
Property managers may charge a percentage of rent, a fixed fee and separate service charges. Compare the same property and workload using the...
AnswerTenant screening
Should I accept a tenant with a past eviction?
An eviction record needs context and may be restricted by local law. Verify the person, case outcome and permissible use before deciding; a filing...
AnswerRent & payments
Should I accept cash for rent?
Review the lease, local rules and your ability to document cash safely. If cash is accepted, use a clear receipt and record the payment promptly...
AnswerLeases & renewals
Should I allow subletting?
Decide your policy within the limits of the law and current agreement. Clarify the proposed occupant, duration, consent process and continuing...
AnswerMaintenance & repairs
Should I DIY repairs or hire a vendor?
Choose based on safety, licensing requirements, skill, equipment, time and the consequence of a failed repair. A low materials cost does not make...
AnswerPortfolio & AI tools
Should I hire a property manager or keep self-managing as I grow?
Compare the work you will personally handle, the complete cost of each option, and how residents receive service. Software can organize tasks, but...
AnswerRent & payments
Should I offer a grace period for rent?
A grace period commonly affects when a late fee may be imposed, but its effect depends on the lease and law. The rent due date, fee eligibility...
AnswerAdvertising & listings
Should I offer virtual tours of my rental?
A virtual tour can help prospects understand a rental before visiting, especially when they are remote. It should accurately show the available...
AnswerAdvertising & listings
Should I price below market to fill a vacancy faster?
A lower asking rent may reduce vacancy, but compare the expected occupancy benefit with the full lease-period revenue difference and future...
AnswerPortfolio & AI tools
Should I require renters insurance?
A renters-insurance requirement may be appropriate where permitted, but review the lease, local rules and practical verification process. The...
AnswerGetting started
Should I sell my house or rent it out?
Compare the net proceeds from a sale with the rental income, costs, risks and work you would take on by keeping the property. Use realistic...