This is the final episode where we discuss leases and addendums, part 3 of a 3-part series. If you have not yet listened to episodes 32 or 33, go give those a listen before you dive into this episode where we are talking all about the addendums that can accompany the base lease used for your rental properties.
We started this series with the base lease (ours is 21 pages), where we discussed each section, paragraph by paragraph, that should be included in every landlord’s lease, and we explained why.
The first two episodes covered the main components of the lease that MUST be in every lease and items that are more to cover yourself with regards to your criteria or conditions and standards you set for your rental properties. Things like prohibitions, repairs to the property, and appliances.
This episode we go over many of the addendums that are commonly used in both single-family homes and multifamily rentals. From landscaping to storage and garages, as well as mold, lead, and asbestos notifications. Plus, many more!
We are sharing personal stories to help our listeners understand their importance, as not every area pertains to all rental properties.
We do not expect DIY landlords to write their own leases! You can purchase REALLY GOOD leases online at EZ Landlord Forms. Check out the link and discount code in our links below!
Already have a lease? If you feel anything you learn in these 3 episodes pertains to your rental property, take your lease to your legal team and have them add it in. We hope you enjoy this lease and addendum breakdown!
👉 Email your questions for our Q&A Episode!
Stacie@YourLandlordResource.com
Kevin@YourLandlordResource.com
We recommend these to all our tenants and have started to include them with our welcome basket. The tiny holes are much easier to repair on our textured walls, making the vacancy turnover much more tolerable.
✔️State Specific Leases
✔️ 400 Forms to make your landlord-tenant relationship top notch!
✔️ 200 FREE forms for those not ready to purchase.
✔️ 4.8 Rating with over 5000 Reviews!
✔️ Pro Members get access to ALL leases and forms for $12 per month OR $75 if you purchase the annual membership.
✔️ YOU CAN BUY LIFETIME FORMS for $399!
USE CODE 𝐒𝐓𝐀𝐂𝐈𝐄𝟏𝟓 to get 15% OFF ALL first-time purchases, EVEN THE ANNUAL or LIFETIME FORMS!
Check out EZ Landlord Forms today!
👉Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
👉 Follow us on Instagram, Like us on Facebook
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️Podcast Links
This week we are in part 2 of a 3-part series on leases and addendums and pick up where we left off in episode 32. If you have not yet listened to that one, give it a listen before you dive into this episode.
We are doing a mini masterclass on leases and addendums for rental property owners, and these are episodes you will NOT want to miss!
Starting with the base lease (ours is 21 pages), we discuss each section that should be included in every landlord’s lease, and we explain why.
Where last weeks episode covered the main components of the lease that MUST be in every lease, this week we are discussing items that are more to cover yourself with regards to your criteria or conditions and standards you set for your rental properties. Things like prohibitions, repairs to the property, and appliances.
Even if you use a preformed lease or one from your property manager, you need to know THIS ONE PART of your rental property business. What’s in your lease contract is what covers you and your assets.
We are sharing stories and examples of certain sections to help our listeners understand their importance, as not every area pertains to all rental properties.
By going over our very comprehensive lease, section by section, paragraph by paragraph and discussing each and every clause and why it is important, you’ll soon be mastering leases and addendums too.
We do not expect DIY landlords to write their own leases! You can purchase REALLY GOOD leases online at EZ Landlord Forms. Check out the link and discount code in our links below!
Already have a lease? If you feel anything you learn in these 3 episodes pertains to your rental property, take your lease to your legal team and have them add it in.
👉 Bed bugs:
EPA website with many resources on bedbugs: https://www.epa.gov/bedbugs
Great resource on all things bedbugs: https://www.pestworld.org/all-things-bed-bugs/
Video/Free Course on bedbugs: https://stopbedbugs.org/
👉 Mold: California booklet required to be given to all tenants with lease
👉 Listen to our podcast, Episode 11: Inheriting Tenants with Your New Rental Property? Here’s What You Need to Know.
This episode discusses before, during, and after how to deal with tenants when there is a sale of the investment property they reside in.
✔️State Specific Leases
✔️ 400 Forms to make your landlord-tenant relationship top notch!
✔️ 200 FREE forms for those not ready to purchase.
✔️ 4.8 Rating with over 5000 Reviews!
✔️ Pro Members get access to ALL leases and forms for $12 per month OR $75 if you purchase the annual membership.
✔️ YOU CAN BUY LIFETIME FORMS for $399!
USE CODE 𝐒𝐓𝐀𝐂𝐈𝐄𝟏𝟓 to get 15% OFF ALL first-time purchases, EVEN THE ANNUAL or LIFETIME FORMS!
Check out EZ Landlord Forms today!
👉Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️Podcast Links
If you are a landlord or a property owner, at some point you may have to deal with squatters setting up camp in or on your property. Squatters may inhabit your land or property and refuse to budge. It can be frustrating to encounter squatters on your property, but there are steps to take to address the situation. What are squatter’s rights?
Squatting, also called adverse possession, refers to a person intentionally entering a property that they do not own or have permission from the legal owner to reside in or on, with the intention of acquiring that property.
“The phrase ‘squatters rights’ is really misleading, because, as a general rule, they are merely trespassers, and don’t have any rights,” says Teri A. Walter, civil trial lawyer, founder and managing partner at Walter Law Firm in Texas, which specializes in business litigation. “The phrase comes out of the adverse possession laws. Adverse possession is a legal theory of gaining ownership of property without actually purchasing it.”
This “right” can be converted to title to the property over a period of time by adverse possession, depending on a state’s law. Attorney Natela Shenon of Shenon Law Group in California, which specializes in business law, says certain elements have to be met in order for it to be effective.
For example, in California she says the possession has to be hostile, notorious and continuous, without any interruption for the statutory period, which in that state is five years.
“Another requirement in California is that the squatter has to be paying property taxes for the statutory period for the piece of land he or she is occupying,” says Shenon.
Each state has different laws regarding squatter rights, so experts recommend checking local and state laws to ensure landlords retain legal protection of their property and know their rights.
There is a legal process landlords and property owners should follow should they encounter a squatter on their property.
“Once it is discovered that there is an unauthorized person in a vacant property, an owner needs to serve a Notice to Vacate/Surrender Possession that includes language to the effect that the persons in possession are squatters and have no legal right to be in possession of the property, that the owner does not consent to the occupant’s possession of the property,” says attorney Eileen M. Kendall, Kendall Law in California, which specializes in real estate law and business law.
She says if the squatters do not vacate, the owner can then file the unlawful detainer complaint in the superior court to get a writ of possession that can be executed by the sheriff to remove the squatter.
When dealing with squatters, there are some things landlords and property owners should not do. Shenon says a landlord or a property owner should not abandon their property and not stop paying property taxes on the property.
“They also should not allow anyone to use or be on their property for an extended period of time without a written agreement that specifically gives permission for use by the owner—remember adverse possession has to be hostile and without permission—for only a limited period of time,” says Shenon.
Shenon says other terms can be added to the agreement to avoid any confusion as to ownership and to prevent any claims to adverse possession in the future.
Now, not only do landlords enjoy the convenience of collecting rent online, but by doing so, your tenants can build credit by reporting rent payments to TransUnion for free.
There may be potential warning signs that a property is being occupied by a squatter. Walter says these include higher than expected bills for power and water or having those bills suddenly terminated. She says squatters typically will not bother to set up utilities in their own name but may if they plan to make a claim of ownership of the property.
“Seeing unexpected cars in the driveway, locks changed, changes to the landscaping or exterior look of the property, or maintenance of the house or yard that you did not arrange,” says Walter.
Walter says there are several things landlords and property owners can do to avoid having a squatter and protect their property.
“Many of these actions are the same kinds of things you’d want to do in order to avoid burglaries,” says Walter.
One important thing to do is to not allow a property to remain vacant for long, and when it must be vacant, to leave the electricity and water on and to leave lights on inside and around the property to give the appearance of being occupied, says Walter. She says to not allow mail to pile up, make sure to keep drapes drawn so people cannot see inside, to drive by periodically to pick up mail or trash and check to make sure the property is still secure.
“Be in touch with your neighbors, and make sure they know how to contact you if they see something that looks suspicious,” says Walter. “If the property is a vacant lot, fence it off, keep it mowed and trash removed and post a ‘No Trespassing’ sign.”
Squatter rights, also known as adverse possession laws, refer to laws that allow a squatter to live in another person’s property if the lawful owner does not evict or take action against the squatter.
If a squatter is on or in your property and they refuse to leave, call the police. However, if a squatter claims to be a tenant, an eviction is the best method to remove them. But, if the “tenant” actually claims ownership, then file a suit against them to confirm title in your name.
Rights are only valid as long as squatters fulfill all adverse possession requirements, which vary by state.
Squatter rights exist in all 50 states. But, how and when the enforcement happens varies widely by state, city, and municipality.
Krista is the Senior Content Marketing Writer at TurboTenant where she writes data-driven, actionable articles to help landlords and renters alike. With decades of writing and editing experience, she produces top-quality content across various industries, including real estate, SaaS, and survey design/implementation.
Check out our 3-part series where we break down our 37 page lease and its addendums! It’s like a mini masterclass where we discuss the importance of each section, paragraph by paragraph. Definitely something you don’t want to miss!
By Phil Schaller
A strong support system for your tenants can translate to a more profitable rental property. Here at RentalRiff, we believe in providing a great experience for tenants. To us, rental properties are not a commodity; they are someone’s home. Our focus on the tenant experience and how we’ve structured our service may be our biggest differentiator.
There are many benefits to creating a fantastic tenant experience. Aside from the human elements (and we think these are the most important), there is tremendous value to be captured as a landlord and rental property owner.
As we’ve discussed in other blog posts, there are certain things you can control as a landlord and certain things you can’t. Tenants moving to a new city is out of your control, as is a tenant purchasing a home of their own. Tenants moving out because of poor maintenance support or a general lack of communication is definitely in your control. If you can optimize the elements of your rental business that are within your control, you will be better off for it.
Here are some of the main benefits to creating a great customer experience:
This one’s a bit of a no-brainer.
If your tenants like renting from you and feel supported they are more likely to renew their lease, plain and simple. J Turner Research did a large study on residents recently and found that 35 percent of tenants that felt unsupported and underserved moved out. With vacancy rates in the Seattle area currently sitting around 7.5 percent, this can mean thousands of dollars lost.
Not only are unsupported tenants more likely to move out, they’re also more likely to treat the property poorly.
Security deposits exist for a reason, but tenants will treat the property better if they don’t feel neglected by their landlord. Obviously, this means less wear and tear on the property and fewer large, avoidable repairs needed down the road.
Increasing rents at a steady clip is an important part of running a successful rental property business.
Another important element is retaining good tenants. When you’ve created a strong support system for your tenants you can both increase rents and retain good tenants. Again, this goes back to controlling what you can control, but if the tenants feel taken care of they are more likely to accept the higher rent and stick with your property.
There are many property management tools out there that automate the rent-collection process (we definitely recommend using these tools) but, again, happy tenants are more inclined to make their rent on time. Tenants will want to stay and be more proactive in keeping up their side of the bargain.
There are many important components that go into running a successful rental property, and maintenance and tenant support are just two of those. They can be major pain points for landlords, and it’s easy for the property-level needs of your tenants to slip through the cracks. If you can optimize your processes and create a positive environment for your tenants, in the long run, you’ll have more success as a rental owner.
Happy landlording!
Phil Schaller is an experienced landlord and the founder/CEO of RentalRiff – an alternative service to traditional property management that provides ongoing oversight and upkeep of rental properties, while serving as the main point of contact for tenants. If you are interested in learning more about RentalRiff’s rental property maintenance service you can reach him at 541-600-3200. Maintenance and repair costs are included and property specialists are licensed/insured. Phil is a Pacific Northwest native, father of two, and fly-fishing addict.
Provided by Bigger Pockets
For a real estate investor, knowing how to find a real estate agent who is investor-friendly is the key to successful real estate investments.
Finding the right property to create rental income takes time, energy, and patience; real estate agents can do the work for you, but you must find the right one.
The downside is that not all real estate agents understand how investment properties work well enough, so you must find investor-friendly agents to ensure you make the desired profits.
Here’s how a real estate investor can find the best deals with the right real estate agent for your investment property business.
Not all real estate agents know the features investors need when purchasing rental properties. Some real estate agents work primarily with buyers looking for a primary residence.
These buyers have many different needs than real estate investors. Primary residence real estate agents focus on features primary homebuyers need for their family versus considering after-repair value, the local rental market, or renovation costs.
An investor-friendly agent understands the business side of purchasing rental properties and will help investors find properties that not only meet their budget but also help them achieve their investment goals.
You need a real estate agent with the pulse on everything real estate-related, including off-market properties, rental income, demand, renovation, the local market, and overall costs.
Finding a good rental property requires a lot of help from many professionals to make it work. It takes a village to invest in real estate.
TurboTenant is a great option for landlords with just a few doors or for those who may be new to using rental property software.
For the most part, TurboTenant’s software is free to use so they are perfect for those on a tight budget.
With a very minimal monthly fee, landlords can upgrade to have such items as all landlord forms, leases, and addendums included as well as accelerated marketing, rent deposits, and customer service assistance on TurboTenant.
You probably wonder how you can find an investor-friendly real estate agent, since they all seem to do the same thing: help people buy and sell houses.
Most real estate agents focus on primary residence purchases and sales, so it’s important to know how to find the right agent, including what to ask them and how to choose between multiple agents if you have several leads.
Here are the best ways to find the right real estate agents for a rental property investor.
If you want to skip the legwork and find an agent that suits your real estate investment needs quickly, try BiggerPockets Agent Finder.
This network of investor-friendly real estate agents helps you quickly connect with professionals who can help you find the best real estate property to build your portfolio.
BiggerPockets Agent Finder is great for new and experienced investors. It provides access to real estate agents in all real estate investment areas with expertise in fix-and-flips, rental properties, and all the necessary decisions real estate investors must make.
These groups, including those on social media, can connect you with the right professionals.
Not only will you network with other investors to get ideas, but you may also network with investor-friendly agents who understand real estate investing and the nuances investors must follow.
You can find real estate investing groups online, on social media, and in your local market to meet in person.
Since property managers have firsthand experience with real estate agents, they can give you advice to determine if they’d be a good fit for your real estate business. Like any referral, do your due diligence to ensure the agent meets your needs.
You may not think of social media as a way to find investor-friendly agents, but word of mouth is key in the real estate industry.
You can share what you do on social media and see what connections your friends and family have that may help.
You can also join real estate-focused groups that may connect you with an agent who works with real estate investors. Sometimes, you may get connections not even through something you post, but through a post someone else makes that helps you find the right professionals.
Referrals are the highest compliment any real estate agent can receive, and they can help you find the best investor-friendly agent.
You can get referrals from other real estate investment industry professionals, such as other investors, local lenders, contractors, and even friends or family.
When you receive a referral, ask fellow investors questions about the type of transaction they conducted, the experience the referral had, and any pointers they might provide to help you make the most of your transaction.
When learning how to find an investor-friendly real estate agent, it’s important to understand what qualities they should possess.
Just like when you buy a home for your primary residence, you want an agent who understands the real estate market, cash flow, rental income, and net operating income.
Here are the key characteristics to consider.
As of 2020, a many as 22% of agents work real estate on the side or as a part-time gig. This may work for agents helping buyers and sellers of primary residences, but real estate investors need someone much more involved in the real estate industry.
Investment properties can sell quickly, especially in a competitive market. Time is of the essence, and having a part-time real estate agent may not fit the bill because you could miss out on great rental property opportunities.
The right real estate agent will work full time and fully immerse themselves into the real estate investment property market trends to help you build your real estate portfolio.
You can’t beat firsthand knowledge of the investment property industry.
A real estate agent who owns investment properties understands the factors investors must consider when choosing properties. These factors include cash flow, rental home demand, costs, and capital gains.
Of course, working with an agent who is also a real estate investor has a downside, since they can be a competitor. When interviewing real estate agents, ask if they have real estate investments, if they are in the market to keep growing their business, and what strategies they use.
You may find an investor-friendly real estate agent who invests but with a different strategy than you, ensuring there isn’t a conflict of interest in the relationship.
Real estate investing requires many more terms than a traditional real estate transaction. Homebuyers purchasing a home for their primary use don’t throw around investor lingo like cap rate, net operating income, gross rent multiplier, and internal rate of return.
Working with the right agent who understands these terms and how to use them when helping you find the right rental property is the key to successfully investing in real estate.
The last thing you want is a real estate agent who doesn’t understand these terms and sells you a property that doesn’t have investment potential.
A knowledgeable real estate agent who understands investment opportunities can look at a rental property deal and know if it’s a good fit.
They won’t look simply at the gross rent and compare it to your potential mortgage payment and deem it a good deal (or not).
Instead, they will understand all the factors in a real estate investment deal, including repairs, maintenance, capital expenditures, and vacancies.
Traditional real estate agents focus only on MLS listings. However, there are often many more opportunities available off market.
Knowing about these properties first can allow you to find your next investment property quickly and for a better deal.
This is often the case with distressed properties.
So if you’re a fix-and-flip investor, you want someone with eyes and ears in the local market, locating properties you can buy before they become a short sale or foreclosure.
Some real estate agents are also property managers or work closely with them. This close access may give you access to more off-market listings.
Property managers have direct contact with landlords and usually are the first to know when an owner wants to sell a property.
You don’t have to use the real estate agent as your property manager if you aren’t comfortable with the conflict of interest. However, the close connection with potential real estate investments could help you make more profitable investments.
A deep knowledge of the local market is crucial for successful investors. A good investor-friendly agent knows the area as a whole and has intimate knowledge of certain neighborhoods and communities.
The knowledge such agents possess can help you make more informed decisions.
For example, you’ll get to know details about things like local school districts; commuter trends; local amenities such as retail shops, churches, and other community needs; and zoning. Each of these details plays a role in your decisions when investing.
For example, if you’re buying a larger rental property, your target market is probably families with kids. This market will care greatly about school districts. If the school district isn’t highly rated, you may have more vacancies than you hoped.
A real estate agent with a strong understanding of the real estate market should also have connections throughout the industry.
Real estate investing requires access to many professionals, such as appraisers, contractors, real estate lawyers, lenders, title companies, and insurance agents. A real estate investment is much easier to accomplish when you have a team of experts to help you.
Finding these experts yourself can be time-consuming, and you may not always choose the best professionals. Relying on the network of an experienced real estate professional can help you achieve your real estate goals.
Even if you think you’ve found the perfect real estate agent for investment property purchases, they may not be a good fit if they don’t respond in a timely manner.
When talking to real estate agents, ask how they conduct their business. Do they communicate via phone, email, or another way? How often do they check in with investors?
Determine if a real estate agent contacts clients immediately upon finding a property, especially off-market properties, or if they consolidate their communications, causing you to potentially miss a good opportunity.
You can test the waters by paying attention to whether the agent returns your calls or messages within the time promised and if they have the required answers.
Also, pay attention to whether the agent always arrives on time for scheduled showings or meetings. An agent who is perpetually late likely won’t help you move forward with your business.
Finding who you think is the best investor-friendly agent may not be the case once you dig a little deeper. The first step is reading their qualifications online or talking to other real estate professionals about them.
Next, interview them to ensure they are a good fit for your real estate investing needs. You should hear firsthand the answers to your questions, as you may have different needs or concerns than other professionals.
Here are some common questions to ask an investor-friendly agent:
Knowing how to find an investor-friendly real estate agent is the key to successfully running a real estate business.
Even though buyers don’t pay commissions to real estate agents, the wrong information or missing an off-market deal could cost you thousands of dollars.
Before using a real estate agent for your next investment property purchase, consider finding an investor-friendly real estate agent. You can use BiggerPockets Agent Finder or local resources to help you reach your goals.
By David Crown, Chief Executive Officer, Los Angeles Property Management Group
I once knew someone who ignored a termite report, thinking the problem couldn’t really be that bad. They then had to completely reframe a four-unit building, replacing every single piece of wood in two of the units. Who was the foolish owner in that scenario? That was me. I was relatively lucky—it only ended up costing me about $50,000 to fix that quadruplex in Silverlake, but that’s still an expensive lesson, and believe me, I learned it. I’ve been in property management for three decades now, and in that time, I’ve seen the best and the worst of what this industry has to offer, ranging from impressive workmanship to a few tragic mistakes.
I’ve written about preventative maintenance before, but it’s a subject I couldn’t possibly exhaust in one article—or ten. Nor can I overstate its importance to this industry. It might be the best thing we do for rental property owners, maybe even the best case for property managers to exist at all. Preventative maintenance isn’t just about cautionary tales. You’re not just averting disaster by taking these measures; you’re shrewdly pushing your property to the highest level of its potential profits. It’s better to go out of your way to do something smart than it is to just avoid doing something dumb.
To that end, here are three preventative maintenance “hacks” that will significantly impact the “health” of your building in the long term.
Read more: Three Simple Maintenance “Hacks” to Keep Your Building HealthyEnjoying this article?
This is an example of what is included on our FREE weekly newsletter, Landlord Weekly.
Subscribers get access to our free forms, email templates, and guides! As well as…
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
Click below to view a one of our newsletters!
This service scrubs out your main line of any debris or blockages. It will extend the life of your building’s sewer main by many, many years. It’s one of the most effective but neglected maintenance hacks out there. Don’t assume your current management has already thought to have it done—this is something to ask about. The cost of a new main line is far higher than the cost of getting a main line cleaned. This actually serves as a fairly reliable measure of capable managers. If your management company can tell you the last time they scrubbed out your main, you’re probably in good hands.
Sounds stupid simple, but a lot of people never have it done. It’s crucially important to help water drain from the roof. Especially in a year like the one we’ve had, with record rainfall, it goes a long way in keeping your property safe and leak-proof. Anybody who’s ever had to deal with a mold remediation situation can attest to the importance of keeping unwanted moisture out of a rental property, and the astronomical costs that can come with failure to do so. I walked through a prospective client’s building a week ago that had three apartment units stacked on top of each other, and all of them were entirely ruined by one leak.
The third “hack” wears boots! That’s right, it’s a team that keeps a careful calendar and performs all of the above and more maintenance actions on a regularly scheduled basis. Once, I was walking a property to inspect it when my colleague and I found a lit pilot light that was burning yellow, which meant it was emitting carbon monoxide. Thankfully we took action and immediately fixed the issue, but we might not have had the chance if we hadn’t been there in the first place conducting our inspection. So if you own apartments, I recommend hiring a management company with a dedicated maintenance team that runs on a strict schedule, visiting properties often and inspecting them thoroughly.
Sometimes, the simple fixes are the most impactful, and if you overlook them, you risk winding up in one of my many cautionary tales. But none of this is rocket science or requires cutting-edge technology. I didn’t get my Ph.D from Harvard in Property Management. (I did get my BA in English from Northridge. Go Matadors). Apply these maintenance hacks to keep your property healthy.
David Crown is the Chief Executive Officer of Los Angeles Property Management Group and has over thirty years of experience managing all types of income properties. Mr. Crown has been asked to serve as an expert witness in property management matters, and currently serves on the Forbes Real Estate Council. He can be reached directly at (323) 433-5254.
Article provided by Shelby Bartz, Precision Air and Plumbing. See contact information below.
If you are planning to buy or sell a property, or if you are simply being proactive before a heatwave hits next summer, you might want to pay attention to the air conditioning system. A well-functioning AC unit can make a big difference in the comfort and value of your home. But how can you spot hidden AC issues during a property inspection?
In this blog, we will share some tips and tricks to help you identify common AC problems and how to prevent them. Whether you have a duct, vent, mini-split, or any other type of AC system, you will learn how to check the airflow, temperature, cleanliness, and efficiency of your unit. It will help you avoid costly air conditioning repairs and replacements in the future. So, let’s get started!
While it’s impossible to diagnose all AC problems without a professional inspection, there are some key things you can look for to uncover hidden issues. Here are a few tips:
Refrigerant is a chemical compound that circulates through the AC system to absorb heat from the indoor air and release it outdoors. Without refrigerant, your AC unit would not be able to cool your home.
Here are some tips for detecting refrigerant leaks during a property inspection:
Airflow is essential for efficient and effective cooling. Here are some steps to check the airflow in your air conditioning system:
An accurately calibrated thermostat is essential for efficient home cooling. When the thermostat is calibrated correctly, it ensures that your AC unit turns on and off at the right times to maintain a comfortable temperature in your home. It can save you money on your energy bills and help to extend the lifespan of your AC system.
Here are some tips for checking the thermostat during a property inspection:
Want a sneak peak at our FREE weekly newsletter?
Enjoying this article? This is an example of what is included on our FREE weekly newsletter, Landlord Weekly.
Subscribers get access to our free forms, email templates, and guides! As well as…
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
Click below to view a one of our newsletters!
The evaporator coil is a critical component of your AC system. It is responsible for absorbing heat from the indoor air and transferring it to the refrigerant. The refrigerant then circulates to the condenser coil, where the heat is released to the outdoors.
Tips for inspecting the evaporator coil during a property inspection:
Additional Tips:
The significance of involving HVAC professionals for thorough AC inspections during property assessments cannot be overstated. When your air conditioner is experiencing common problems such as weak airflow, cold air turning warm, or inadequate cooling inside your home, it’s time to call in the experts from Precision Air and Plumbing.
HVAC companies like them possess the expertise to troubleshoot and identify issues within your AC system, whether it’s related to the compressor, fan, refrigerant levels, or the air handler. Professional service ensures that your system is working correctly, covering everything from checking electrical connections to evaluating the amount of refrigerant and airflow. Don’t hesitate to engage HVAC professionals to get to the bottom of any air conditioner problems and maintain an energy-saving, optimally functioning system.
When it comes to property inspections, the importance of a well-functioning air conditioning system cannot be overstated. Ensuring the air conditioner’s system is working correctly is not only for your comfort level but also for energy-saving purposes.
Be proactive in identifying and addressing these concerns to keep the air conditioner running in your prospective property.
About the author:
Shelby Bartz is the new Content Editor of Precision Air & Plumbing, a full-service HVAC, plumbing, and home performance contractor operating in Chandler, Arizona. Shelby is a devoted bookworm but when she isn’t reading, you’ll find her cruising around town with her beloved ginger husky, Maxxy.
Company Information:
Precision Air & Plumbing
Feel free to contact us any time at 480-680-9791 for immediate assistance.
Whoa, is this a doozy of an episode! Or should I say our next 3 episodes!
We are doing a mini masterclass on leases and addendums for rental property owners, and this is an episode you will NOT want to miss!
Even if you use a preformed lease or one from your property manager, you need know THIS ONE PART of your rental property business. What’s in your lease contract is what covers you and your asset.
Starting with the base lease (ours is 21 pages), we discuss each section that should be included in every landlord’s lease, and we explain why.
We are sharing stories and examples of certain sections to help our listeners understand their importance, as not every area pertains to all rental properties.
By going over our very comprehensive lease, section by section, paragraph by paragraph and discussing each and every clause and why it is important, you’ll soon be mastering leases and addendums too.
We do not expect DIY landlords to write their own leases! You can purchase REALLY GOOD leases online at EZ Landlord Forms. Check out the link and discount code in our links below!
Already have a lease? If you feel anything you learn in our next 3 episodes pertains to your rental property, take your lease to your legal team and have them add it in.
✔️State Specific Leases
✔️ 400 Forms to make your landlord-tenant relationship top notch!
✔️ 200 FREE forms for those not ready to purchase.
✔️ 4.8 Rating with over 5000 Reviews!
✔️ Pro Members get access to ALL leases and forms for $12 per month OR $75 if you purchase the annual membership.
✔️ YOU CAN BUY LIFETIME FORMS for $399!
USE CODE 𝐒𝐓𝐀𝐂𝐈𝐄𝟏𝟓 to get 15% OFF ALL first-time purchases, EVEN THE ANNUAL or LIFETIME FORMS!
Check out EZ Landlord Forms today!
👉Your Landlord Resource has teamed up with Toggle, a division of Farmers Insurance that offers competitive pricing of renters insurance for tenants.
Policies can start as low as $5 a month!
Copy and share our link with your tenants to get them started: http://go.gettoggle.com/SH1E
Download this PDF to present to your tenants with your renters insurance request! Toggle Renters Insurance Flier.pdf
👉 KwikSet Easy Re-Key Set Landlords! YOU MUST change the locks/rekey at every unit turnover. You have no idea whom your previous tenant gave a key to, and it is your responsibility (when it comes to access) to keep the new tenant safe from intruders.
Locksmiths can charge well over $50 to do this task!
If you have Kwikset Smartkey locks, you can purchase these replacement keys and rekey the unit yourself in a matter of minutes for $6.
👉Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️Podcast Links
You might think this episode about Halloween tips for landlords does not pertain to you but take a minute to hear us out.
Halloween is a very festive time of year and is LOVED by people of all age groups, not just families with small children. I mean, there’s a reason Disney starts their Halloween festivities the day after Labor Day and continues it through October 31st!
These people love to decorate their homes, mostly the front yard. When those homes are rental properties, do they still have the right to decorate? Of course, but sometimes with limits.
What are the risks associated with Halloween? Lots! Think about the décor, parties, trick or treaters, and even the pets who live in your rentals.
In this episode we are talking all about Halloween festivity risks and covering what items landlords should be communicating with tenants. Plus, we include tips on what they can do to limit these risks as rental property owners.
👉Your Landlord Resource has teamed up with Toggle, a division of Farmers Insurance that offers competitive pricing of renters insurance for tenants.
Policies can start as low as $5 a month!
Copy and share our link with your tenants to get them started: http://go.gettoggle.com/SH1E
Download this PDF to present to your tenants with your renters insurance request! Toggle Renters Insurance Flier.pdf
👉Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️Podcast Links
If you have not done so, go back and listen to Episode 29 which is part 1 of this two-part series about fire safety in your rental properties.
It’s got a TON of important information about fire safety prevention with regards to clutter & hoarding, the use of small appliances like space heaters, air fryers, and crock pots, and what you need to pay attention to depending on if you have a single-family home or multifamily rental.
This episode we focused on
▪️ Inspections and the fire safety issues to be on the lookout for
▪️ Smoke and carbon monoxide detectors, what we recommend, how many you need, and where they should be located.
▪️ Fire safety points to include in your lease and which addendums to use.
▪️ Fire escapes and escape plans for rental properties.
▪️ The fire codes you need to know and
▪️ And finally, how to help tenants who have pets on your property.
We really try to be very comprehensive when we bring you information to help you become confident and professional landlords. This and last week’s episodes are no exception!
👉 Fire Escape Ladder we use in our rental. Put one in each bedroom on every level of the unit.
👉 Emergency Gas Shut Off Wrench: Attach to your gas meter so tenants can turn off gas in an emergency like fire or gas leak.
👉 Interconnecting Smoke Detectors: Great for multilevel homes or ones where the bedrooms are far removed from the living area. Once one is activated, it triggers all the others to alarm, bringing attention to your tenants much quicker than if they had to wait for the alarm to sound right near them. Limits damage to your unit too!
👉 Our Periodic Inspection Checklist. $5 gets you a 6-page checklist that covers up to a 4 bedroom, 4 bath rental property. Includes space to note if all is well or if an item needs attention. It’s very comprehensive and covers all areas of the home inside and out. Download it once and use it over and over!
👉 Escape plan information: Red Cross “How to create an escape plan” for a single-family home and multi-family rental property.
👉 FEMA: This webpage has multiple free, downloadable PDF’s regarding fire preparation and prevention, fire escape plans, etc.
👉 Renters Insurance we recommend: Toggle a division of Farmers Insurance that offers VERY affordable liability insurance and customizable policies.
👉 Pet Sticker Notification to advise emergency personnel there are pets inside.
👉Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️Podcast Links