August 28, 2020
NARPM®Radio: Tenant is Gone; Money is Still Owed. What To Do?
The lease is up, tenant is gone, but money is still owed. When this happens, sometimes you can get the tenant agree to pay up – but maybe not. Most people want to pay their debts and keep their credit clean, but what can you do to make sure they pay what’s owed? Find out what “acceleration” means in this situation, and how it works for you in this week’s podcast featuring property management attorney Harry Heist. As always, be sure to check with your attorney as laws vary in states and localities. And don’t forget to subscribe to NARPM®Radio on iTunes or your favorite podcast provider!
August 21, 2020
NARPM® Radio: Decisions, Decisions: New Situations = Danger Zones
Making a decision based on how you FELT it should be handled, or how you KNEW it should be handled... when it’s a new situation, you’re in the danger zone. The tenant dies, the relative wants access – what do you do? The unit has a bad roof and is leaking – do you wait for the adjuster or call a roofer? The tenant complains of mold – do you immediately call an inspector? Decisions like these come up all the time, and mistakes can be made. How do you NOT make a mistake? What’s the one best thing to do? Find out in this week’s podcast featuring property management attorney Harry Heist.
*Always check with your attorney as laws vary by state and locally.
August 14, 2020
NARPM®Radio: Work for Rent? What Could Go Wrong?
Your tenant made a deal; the owner pays for paint and the tenant will paint. Good deal or not? Often tenants will offer to do some sort of work on the premises in exchange for rent, and it might seem like a good idea. However, you might be surprised at what could go wrong when a tenant wants to make improvements on their own. Take a listen to this week’s podcast featuring property management attorney Harry Heist, and don’t forget to subscribe to NARPM®Radio on Apple iTunes or Podbean to get invaluable advice like this!
As always, check with your attorney with any possible legal issues, as local and state laws can vary.
August 9, 2020
Have you ever taken on a property management account, and in a couple of weeks asked yourself “what on earth have I gotten myself into?” The most successful property managers are picky, and spend time investigating before they accept an account. If you have twenty bad accounts, you’ll be bogged down in a perpetual mess. So what should you focus on when you’re looking at a potential client? Check out some potential red flags on “bad” owners from property management attorney Harry Heist in this week’s NARPM®Radio podcast, available on Apple iTunes and Podbean. Subscribe today!
*As always, check with your attorney on any legal issues, as local and state laws vary.