Evernest Property Management Blogs

Setting the right market rate for your rental property is crucial for attracting quality residents and maximizing your income. Whether you're a seasoned landlord or just dipping your toes into the rental market, finding the market rate for your rental is essential for success.

If you’ve ever dreamt of turning your property into a source of passive income, you're not alone. These days, it’s common to explore the idea of renting out your house to cover mortgage payments and taxes. But, before you dive into rental property ownership, let's unpack the essentials to ensure you're well-prepared for this financial endeavor and can make the most of it.

As a landlord, particularly if you plan on managing a rental property yourself, it is essential that you read The Uniform Residential Landlord and Tenant Act (URLTA) in full. This resource is full of crucial information related to the landlord-resident relationship and is an important tool in your property management toolkit.

As a landlord, managing a rental property comes with its fair share of challenges. Among them is the perpetual task of distinguishing between normal wear and tear and resident-related damage. Striking the right balance between maintaining a property’s integrity and addressing tenant concerns can be a delicate dance.

As a landlord, your responsibilities extend far beyond just collecting rent and managing tenants. One often overlooked but critical aspect of property management is HVAC (Heating, Ventilation, and Air Conditioning) preventative maintenance.

Managing the finances associated with being a landlord requires organization and attention to detail. Whether renting out a single unit or multiple properties, understanding the fundamentals of accounting for landlords is essential for maintaining financial stability and maximizing returns on a rental property.

As a landlord, the desire to minimize vacancy gaps and swiftly move in new residents is understandable. But rushing the process without conducting a thorough pre-move-in walkthrough can lead to situations all landlords would like to avoid. A pre-move-in inspection, often overlooked in the haste to fill rental properties, is an essential safeguard for both landlords and residents! This inspection offers landlords an opportunity to assess the condition of their property before bringing in new residents, documenting any existing damages or issues, and determining any maintenance needs. While the temptation to expedite the move-in process is strong, prioritizing a comprehensive move-in inspection can ultimately save landlords from potential disputes, financial losses, and even legal complications down the line.

Eviction is one of the most intimidating and complex parts of being a landlord. The eviction process can be particularly daunting due to its multifaceted nature, involving legal intricacies, potential financial implications, and the emotional toll it can take on everyone involved.

A residential rental agreement, or just rental agreement, is an essential legal document that outlines the rights and obligations of both landlords and residents during a resident’s stay in a rental property.

If you’re a property owner getting ready to put your home up for rent, you may be thinking “what do I need to do to successfully rent my house?” Preparing to rent your home is an exciting but often overwhelming time for property owners. That’s because there’s usually quite a bit to do before your home is rent-ready. But don’t worry! We’ve rented thousands of homes over the years, so we have a wealth of knowledge. Let’s dive into how exactly you can get your home ready for new tenants.