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Legal Compliance & Regulations

  • Legal Compliance & Regulations

    Can a landlord take possession of an abandoned property?

    There is no question that you can and should take control of your abandoned property, but you can’t just start re-keying and tossing out your ex-tenants’ belongings. Your tenant might have left but had every intention of returning to the property. If you took possession in that instance, your tenant could claim wrongful eviction, and you might need to pay damages.

    January 16, 2019
  • Legal Compliance & Regulations,Maintenance & Renovations,Mortgages & Loans

    How to convert your home to a rental property

    You can’t just move out and declare your home a rental. There are some things you need to do first to convert your home. Find out what they are.

    December 19, 2018
  • Legal Compliance & Regulations,Maintenance & Renovations,Move-in/Move-out,Security Deposits

    A basic guide to landlord and tenant responsibilities

    Landlord and tenant responsibilities can be complicated. This guide will outline which party is responsible for common landlord/tenant issues.

    December 13, 2018
  • Legal Compliance & Regulations,Maintenance & Renovations

    Rental property in a snowy area? 5 pieces of snow removal equipment you need

    If you have a rental property in a snowy climate, you're responsible for snow removal, although you can make tenants responsible by adding a lease clause. The tools you need include snow shovels, scrapers, brooms, salt and sand spreaders, and possibly a snow blower.

    December 5, 2018
  • Leasing & Marketing,Legal Compliance & Regulations,Rent & Expenses,Security Deposits

    Can I get more money from a furnished rental?

    I recently spoke with Lucas Hall to get his opinion on what it takes to get into the furnished rental business and to get his best advice for landlords who are thinking about breaking into this niche segment of “landlording.”

    November 14, 2018
  • Legal Compliance & Regulations

    Is my landlord responsible for my stolen bike?

    In most cases, you're responsible for your own personal property when it comes to your home. This includes your bike, your computer, or anything else stolen during a break-in.

    August 15, 2018
  • Legal Compliance & Regulations

    Am I responsible for the damage my guests or pets cause?

    If you allow friends to stay in your place while you're away, and one of them causes a sink to overflow, which damages the floor or even an apartment beneath yours, you're liable.

    July 31, 2018
  • Legal Compliance & Regulations,Maintenance & Renovations,Rent & Expenses

    What to consider when buying a foreclosure for a rental property

    Considering buying a foreclosure for your next rental property? Consider these things first.

    July 3, 2018
  • Legal Compliance & Regulations,Security Deposits

    3 reasons you might not want to collect a security deposit

    Most landlords who don’t collect a security deposit collect a move-in fee instead. The move-in fee is typically not subject to as many regulations as the security deposit can be. The reason is that the move-in fee is not returned to the tenant at move-out time. The landlord simply keeps it.

    June 20, 2018
  • Legal Compliance & Regulations

    Wyoming Rental Laws

    A summary of Wyoming Landlord-Tenant laws applicable to residential rental units. From security deposits to termination notices, we’ve used the official state statutes and other reputable online sources to research landlord and tenant responsibilities. Cheyenne city, Casper city, Laramie city, Gillette city, Rock Springs city, Sheridan city

    June 6, 2018
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