landlord: Guide To The Cloud: Is It Time To Move Your Software? (eBook) - 11/20/13 01:39 AM
Many property management companies are quickly moving their business operations to the cloud. In this complimentary eBook, we cover what cloud computing is, how it can help your business grow and why so many property management companies are using cloud-based software.
Download Your eBook Here
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landlord: How To Create A Safe Neighborhood For Your Tenants - 10/02/13 03:37 AM
You already know that you, as a landlord, have a legal obligation to provide your tenants with a safe and secure property. This can usually be accomplished by making sure that every door and window has a working lock, and there is adequate lighting around the exterior. However, even if your property is safe and secure if the neighborhood is sketchy potential tenants will continue to avoid it.
We’ve all heard how important location is when we invest in new rental properties. It’s generally not a great idea to buy a place in a bad neighborhood, and most of us wouldn’t chance … (1 comments)

landlord: The Security Deposit: How Much Should You Require? - 08/12/13 07:23 AM
The security deposit is something that many landlords actually fail to collect when a new tenant moves in. Often, first and last month’s rent is requested and received, but landlords incorrectly believe that the last month’s rent also acts as a security deposit.
In a way, the last month’s rent does provide added security, as you already have those funds available to you should the tenant vacate the residence without notice at any time, even if it’s at the end of the lease. Some tenants just aren’t honest, and believe that they can get away without paying if they are going … (2 comments)

landlord: Landlord Insurance: A Must-Have or No Go? - 02/06/13 06:29 AM
Some days it feels like companies are pushing for every kind of insurance, and it’s hard to imagine shelling out any more of your hard-earned dollars for something you’re not sure you need. But at the heart of it all, insurance is about one thing: Protection. And if you own one or more properties that you rent on a short- or long-term basis, landlord insurance is an absolute must-have.
If you think your homeowners insurance policy covers you for tenants, you’re dead wrong. In fact, homeowners insurance policies cover owner-occupied, single-family residences in most cases. Once you’ve moved out and moved a tenant … (1 comments)

landlord: 5 Ways To Say "Thank You" To Your Tenants - 01/30/13 01:59 AM
The holidays are over, and we are embarking on a new year. It’s a good time to think back about what we are thankful for from 2012. Your tenants are definitely something to be thankful for. Tenants are the foundation of your whole business. Good, dependable tenants make property management run smoothly and efficiently. Foster a healthy and happy community by showing your appreciation to your tenants.
Here are 5 ways to say thank you to your tenants.
Just Say Thanks!
Showing your face around the building, being friendly and gracious, and just saying “thank you” are simple and great ways to … (1 comments)

landlord: Safety Tips for Landlords Showing Properties - 01/23/13 02:35 AM
Property managers and landlords often put themselves in risky situations when it comes to showing properties to rent. However, they don’t need to be putting their own safety on the line and the safety of the current resident. Landlords can follow these safety tips on their next showing of a unit to avoid unsavory potential residents and dangerous scenarios with strangers.
Pre-Screen Potential Residents Before Showing Units
Showing a rental unit can put the landlord in a problematic situation if they don’t pre-screen those who ask to see the property. When you are showing a property to a potential applicant, you want to … (3 comments)

landlord: Common Landlord Liability Issues - 01/14/13 03:56 AM
When you’re a landlord, you automatically take on responsibility that you may never have expected. But liability issues are just part of the territory when you have the potential to make a profit from your investment. So, you do need to be aware of the causes of liability issues that you can expect:
Criminal activities by the tenants – there are circumstances where you may find yourself liable if your tenant engages in criminal behavior on the property. You can try to prevent these issues by appropriately screening your tenant and following up on any suspicions that you may have based on the behaviors … (1 comments)

landlord: What to Do After Your Rental Floods - 12/18/12 02:26 AM
When a rental property floods, it can be a big inconvenience for both landlords and tenants. Often the question becomes, who is responsible for what, and how will the cleanup and repairs be handled? The key is to be prepared for anything, including floods, when creating a rental agreement by making sure both your insurance and your tenant’s rental insurance is comprehensive.
Flood Insurance
Much like you would encourage or require your tenant to purchase renter’s insurance for their protection, adding flood insurance to your policy can make a major difference for property owners. This way, in the event of any … (0 comments)

landlord: 2013 Expected to be a Landlord's Market - 12/05/12 06:19 AM
2013 will be a “landlord’s market” for multifamily housingaccording to a forecast released Monday by the National Association of Realtors. Vacancy rates for apartment rentals are expected to remain low with increasing rents, according to the report. NAR expects the vacancy rate in the fourth quarter of this year to be 4% and 3.9% in the fourth quarter of 2013. Rates less than 5% are considered a landlord’s market. Read More
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landlord: When Lease-Breaking Tenants Get Creative - 09/21/12 02:32 AM
When Lease-Breaking Tenants Get Creative
When you are a landlord, you have to be prepared to deal with just about anything. A recent landlord/tenant story that was making news headlines shows that it is possible to encounter all sorts of people that attempt to pull off all sorts of strange things. Although, if you’ve been paying attention, you already know that this particular story is one for the record books.
The story goes that a family moved into a rental home, only to discover the presence of some other unruly houseguests – ghosts! After finding that it was impossible to share … (0 comments)

landlord: Avoiding Conflicts with Tenants - 09/07/12 02:42 AM
Avoiding Conflicts with Tenants
Long-term renters often have stories about dealing with bad landlords, but it goes both ways – there are tenants out there that are prone to conflict. As a landlord, tenants are your bread and butter, and you’ve got to keep them happy. However, you do have to set limits and boundaries while still reducing the likelihood of a conflict. Here are a few ways to find balance, and try to keep the residents in your rental property satisfied.
Make responsibilities clear in your lease – if there are maintenance tasks that the tenant will be responsible for, … (4 comments)

landlord: Determining if a Tenant Is Better Than Their Bad Credit - 09/04/12 03:13 AM
Determining if a Tenant Is Better Than Their Bad Credit
When you are a landlord in this economy, you have to offer some concessions to applicants. After all, there are many wonderful renters who have poor credit scores (as you’ll discover when completing a tenant screening report) after experiencing foreclosures or job loss. However, you do still have to look at a number of things to see if they are a good candidate to rent your property:
They have proof of employment – make sure that you take a look at a recent paystub that shows you that they are actively … (1 comments)

landlord: Can You Exclude Children from a Rental Property? - 08/31/12 02:38 AM
Can You Exclude Children from a Rental Property?
Many new landlords would be lying if they said that they hadn’t at least considered the option of making their rental for adults only. Teenagers old enough to sign a lease on their own and families with kids can both come attached with greater risks. At least that’s often the case in the minds of new landlords who dream of a young professional female as a tenant. While there are no guarantees that this demographic of renters is better, the reality is that there are stigmas that have some truth to them!
However, … (1 comments)

landlord: Walking Away from Your Rental Property - 08/27/12 02:54 AM
As a landlord, there may come a time when you are done with the whole thing – you want out; you just don’t want to deal with the risks of a changing real estate market where you might take a loss on a sale. Or you may not want to risk having your tenant abandoning ship and leaving you to foot the full bill of maintaining a property with no additional income. Either way, you’ve got to be aware of what should, and might, happen next. Especially if you're selling when you have a tenant in residence.
1. Tell your tenant … (0 comments)

landlord: Can You Expect a Tenant to Maintain Your Property? - 08/15/12 03:20 AM
Can You Expect a Tenant to Maintain Your Property?
Being a landlord is a lot of work – so it sounds like a good idea to pass off some of that labor to another party, doesn’t it? Particularly to the tenant who is living in your property already? Well, that actually IS an option in some circumstances. Below you’ll find some basic guidelines for having a tenant participate in the maintenance of your property.
Tenant Maintenance Guidelines
Usually, if your property happens to be a single-family home, then the tenant participates in at least some of the maintenance. Specifically, the tenant … (1 comments)

landlord: What Makes a Renter Choose an Apartment? - 08/02/12 03:51 AM
What Makes a Renter Choose an Apartment?
Even if they don’t know it, tenants have to be impressed in a few key areas before they’re ready to make out a check for a security deposit and rent an apartment. Although student renters are often a bit more constrained by physical location, they still want to find an apartment that suits their sense of style. No matter who you’re looking to rent to, however, keep the next few tips in mind.
Curb Appeal – How a place looks from the street is one of the biggest factors in any tenant’s decision to … (1 comments)

landlord: Are Your Expectations for Tenants Too High? - 07/30/12 07:57 AM
Are Your Expectations for Tenants Too High?
Every landlord has an idea of his or her dream tenant: someone who will care for the property perfectly, always pay the rent on time, and be friendly to their neighbors. But when deciding on a tenant, it is important to be reasonable with your expectations. You should keep your ideal in mind, but you may have to offer some flexibility. This applies both when you are screening tenants and once they are living in the property. Without reasonable expectations, you may set yourself up for a conflict.
So, let’s explore some common expectations … (0 comments)

landlord: Leasing a Property With a Pool - 07/23/12 04:54 AM
Leasing a Property With a Pool
Although it is common for short-term rentals in vacation areas to have pools, it is less common to have them in properties with traditional leases. This is because there are a number of things that landlords really need to think about in order to determine if having a pool is worth their while in this type of rental property.
If you are an investor thinking about purchasing a property with a pool, make sure you think about the following first:
The cost of liability insurance – when you own a home with a pool, there … (1 comments)

landlord: Landlords: Are You in Over Your Head? - 07/20/12 06:58 AM
A foray into the world of investment property ownership can seem like the easiest thing in the world to a would-be landlord. But in reality it is a lot of hard work, and there are many new landlords who find that they are in over their heads. If you feel you may be in this boat, know that you are not alone. However, it is important to identify when you have bitten off more than you can chew so that changes can be made.
Signs that It’s Just Not Working
There is no profit – this is an issue that’s pretty … (3 comments)

landlord: Prioritizing Major Property Maintenance on Your Rental - 06/26/12 05:55 AM
Prioritizing Major Property Maintenance on Your Rental
When you are a landlord, sticking to a budget is essential to turning any kind of profit. Therefore, you'll want to carefully consider all of your options before completing major property maintenance. Make sure that you focus on the following when evaluating the need to make large repairs or improvements to your investment home:
Will the problem get worse? If you think the cost of some home repairs is expensive today, just wait until you let the issue go and see further damage as a result. This often occurs with a plumbing or roofing … (3 comments)

 
Zach Devine, AppFolio Property Management Software (AppFolio, Inc.)

Zach Devine

AppFolio Property Management Software

Goleta, CA

More about me…

AppFolio, Inc.

Address: 50 Castilian Dr, Goleta, CA, 93117

Office: (805) 308-6246

Email Me

AppFolio provides cost-effective, web-based property management software that allows residential property managers to more effectively market, manage and grow their business. Our online property management software includes complete accounting and property management functionality with the ability to email work-orders, owner statements and resident communications. Integrated marketing features allow you to post vacancy ads to Craigslist, your website and hundreds of sites on the Internet.


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