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70% of the households in the U.S. own at least one pet, and nearly 50% of American renters have a pet. If you're a landlord, this means that allowing pets in a rental can significantly increase the pool of tenants you can select from. At the same time, though, there are definitely risks associated with letting your tenants have pets in an apartment. Are you wondering what you should include in your pet policy? Let's take a look at some important aspects you'll want to touch on in your pet policy along with the pros and cons of allowing pets. Wh…

Did you know Memphis has a population of over 600,000? There's a reason so many people are flocking there. Memphis is one of the oldest cities in the United States, with a deep and rich history. Are you interested in purchasing a property in the largest city in Tennessee? If so, you should consider the average rent prices. Today, we are sharing our guide to the most important information about the average rent in Memphis, TN. Tennessee Rental Property Home to the famous Graceland and the birthplace of rock-and-roll music, Memphis is a modern ci…

In an average year, U.S. landlords file 3.6 million eviction cases. No matter how carefully you pick tenants, some bad actors may sneak through. If you find yourself in this situation, you'll want to know what to do. The eviction process is daunting, costly, and can go wrong in many ways. It can also last anywhere from three weeks to a few months. How do you go through this process unscathed? Start by taking a closer look at our tenant eviction guide below! When to Evict a Tenant First things first: do you have the legal right to evict your ten…

Did you know that over 77 million people in the United States have a criminal record of some kind? While most of them are nothing worrisome, that statistic really highlights the importance of a tenant background check if you're renting out your property. This is especially important if you're not around to be able to physically meet with the people you're looking to rent to. Why? Well, when you're not living in your house, it's important to make sure that you have a solid property management system in place. This includes doing a tenant backgro…

Owning a rental property has the potential to be one of the most financially rewarding investments you'll ever make. If you aren't making use of a property management service, you could be missing out on some of those rewards. Renting out a property is a great way to make passive income. But it isn't passive income if you have to work for it. If you've owned a rental property before, you know how much work goes into DIY property management. Handling maintenance repairs, screening tenants, and preparing vacant units for rent can take up hours of…