Property Management Blog

Monday, November 5, 2018

WHAT IS A SECURITY DEPOSIT?
A security deposit is a sum of money that a landlord requires a tenant to pay before they move in.  The purpose is to have a financial back-up if a tenant fails to pay rent or damages the property.  Wolf & Kline collects a month’s rent as a security deposit, which is then put into an escrow account until the time comes...

Thursday, October 4, 2018

What Can Make or Break Your Application
When you submit an application there are several factors that are taken into consideration before your application is approved or denied.  Most important….BE HONEST….make sure everything you are putting on your application is truthful.  If you do not disclose any felonies or misdemeanors you may have or have had, a...

Friday, August 3, 2018

WAYS TO PROTECT YOURSELF AS A RENTER
Know your rights! Federal law provides protections for renters. It prohibits discrimination on the basis of race or color, religion, sexual orientation, nationality, gender, marital status, age or disability. Familiarize yourself with state rules on leases, the eviction process, security deposits, etc. ALWAYS read your lease before signin...

Tuesday, July 10, 2018

Tips to Build a Better Relationship with Your Landlord
Just thought we would throw out some tips on how to be a great tenant and develop a good relationship with your Landlord and neighbors.Most important READ your lease!  Really, really read it. Your lease is a legally binding contract.Get your Landlord’s permission for any changes you are thinking of making.  If you want to ...

Wednesday, June 6, 2018

SAFEGUARD YOUR RENTAL FROM POTENTIAL THEFT
We all want to feel safe and our valuables to be secure when we leave our home each day.  Here are a few tips to make sure your home is not a prime target for thieves. Lock Up As basic as it sounds, many crimes are those of opportunity.  An open window or unlocked side or back door is an easy entrance for a thief.  I can ho...

Thursday, May 10, 2018

Why Renter's Insurance is Important!
As all of our tenants know, Wolf & Kline does require renter’s insurance.  However, we do often hear comments from potential tenants, “Why do I need insurance, my things aren’t worth that much?” or “I can’t afford to pay that on top of everything else.”  Believe it or not, renter&rsq...

Sunday, April 1, 2018

Common Mistakes Renters Make
Choosing the wrong apartment can be an expensive mistake.  For example, renting an apartment sight unseen.  Photos can look great, but photos also hide odors. And often times tenants willing to rent an apartment without seeing it are easy targets for scammers!  Renters also often overlook renter's insurance because they thi...

Wednesday, March 7, 2018

BENEFITS OF RENTAL LIVING
If you are currently on the fence deciding whether you should rent or buy in the up-coming Spring market, maybe consider some of the benefits of renting and being able to save up some additional money for a few years before making the largest purchase of your life. Less Expensive Insurance - Rental insurance isn't nearly as costly as home...

Sunday, February 4, 2018

DON'T KEEP SECRETS!
Communicating with your landlord or property manager is key to living happily and not compromising your relationship which may lead to you having to pay your landlord extra, losing part of your security deposit or even worse, getting evicted.  Any good landlord will encourage communication and offer several ways for you to get in tou...

Wednesday, January 3, 2018

Reasons to Hire a Property Manager
Property managers often provide better cash flow & fewer headaches for property owners with their proven systems & expertise of local areas. If anyone out there is just beginning to invest in some rental properties or has owned & handled their own investments for years and are struggling with the idea to hand them over to a pr...

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