Posts by opadmin

By mid-November, most property owners have done all the necessary prepping for the cold winter weather; but, if you own or manage rental property, have you also ‘Winterized’ Your Tenants? Let’s be honest, even those of who have lived in the colder and snowy regions for most of our lives, there is always an adjustment…

If you’re a landlord who lives in and/or manages rental property in Portland or elsewhere in Southern Maine, keep yourself and your tenants safe by following these 14 safety guidelines. FIRST is Compliance; Make sure your rental property meets basic life safety and Portland Maine building code requirements. For properties not in Portland, ME, this information…

Screening your Tenants is one of the most crucial aspects of your “job” as a landlord. One of the worst things that can happen to you as a landlord is to rent out your property to a bad tenant. The situation can be avoided if you follow a fair process of screening potential tenancy applications, and…

A Tenants Guide for Preparing for An Inspection of Your Rental Rental Inspections can stress out a first timer easily. Many first time tenants are uncertain about their expectations from rental inspections. 35% of residents in the US live in rented property and go through a rental inspection. If you are a first timer, this…

Signing a lease is a big deal. It defines where you will live for a certain time period, either until you figure out your finances to get a house of your own or move onto greener pastures. For such a big step, it is important to define what kind of agreement you will have with…

If you own rental property, it’s a great investment – but it can present some real challenges, too. That’s especially true if your’re new to owning income property.  And even if you’re a longtime landlord, you’re in a more difficult environment than ever before, as you navigate through the maze of today’s rental market. You’re…

To protect yourself and your investment, you’ve got to make sure your potential tenants are likely to pay their rent on time and preserve your property. Sounds simple – but sometimes property owners skip some important steps that can help avoid bigger headaches later. Of course, you’re going to require applications, proof of income and…

You already know that protecting your investment in your rental property takes time and money. You’ve got to do preventive maintenance and keep up with repairs. But beyond the things you know about – or emergencies that come up – it’s best to do regular inspections at specific times. The key times are when tenants…