David Paxton 
Understanding the Eviction Process Eviction is a legal process where a landlord removes a tenant from their property. Knowing the eviction process is crucial for both tenants and landlords to avoid any legal complications and loss of income. If a tenant fails to pay rent or violates the lease agreement, the landlord can serve them …
Understanding a 30-day notice to vacate A 30-day notice to vacate is a legal document stating that a tenant must move out of their rental property within 30 days. Landlords use this notice when tenants breach the lease agreement or violate rental policies. This notice does not mean eviction, but it gives landlords the right …
Cigarette smoke is hazardous and can lead to lung cancer, but its smell also persists in rooms, clothes, and cars. The difficulty of removing cigarette odor is a problem faced by the majority of smokers and non-smokers alike. Eliminating the persistent odor of cigarette smoke from clothes, carpets, or furniture may seem like an insurmountable …
Types of Rental Agreement Forms To help you choose the right rental agreement form with ease, “Types of Rental Agreement Forms” with “Residential and Commercial Rental Agreements” solution is here. Each sub-section portrays its unique terms and conditions that determine the nature of the agreement. Read on to discover which rental agreement form is suitable …
Legal Limitations on Rent Increase To understand the legal limitations on rent increases, refer to the section on “Legal Limitations on Rent Increase” in our article titled “How Much Can a Landlord Raise Rent?” Here, you’ll gain an overview of the legal restrictions on raising rent, the various factors that go into determining a legal …
Pros of Allowing Partial Payment for Rent To increase tenant retention, occupancy rate and provide relief to financially strapped tenants, consider allowing partial payment for rent. This section delves into the pros of partial payments and highlights three benefits – increased tenant retention, increased occupancy rate, and relief for financially strained tenants. Increased Tenant Retention …
Introduction Should You Write a Landlord Recommendation Letter? When it comes to providing a recommendation letter for your tenant, you may be wondering if it’s a good or bad idea. Given the importance of selecting the right tenant, there are some things to consider. Factors to Consider When Writing a Landlord Recommendation Letter A landlord …
Estoppel Certificate Basics To understand the basics of estoppel certificates, look no further. With this solution, you will dive into the definition, legal significance, and purpose of estoppel certificates or letters. Knowing these sub-sections will equip you with a foundational understanding of this important legal document. Definition of Estoppel Certificate An Estoppel Certificate is a …
The feasibility of making rent payments with a credit card has been a topic of discussion in recent times. While this may be possible, not all landlords accept credit card payments. Renters can employ several methods to make their rent payments, including direct deposits and checks. However, if their landlords’ policies permit it, renters may …
What is Cap Rate? Cap rate is a must-know for real estate investors. It’s the ratio of net operating income (NOI) to market or purchase price. It’ll tell you how profitable a property could https://www.stage.payrent.com/articles/net-operating-income-calculator-noi/be and help compare investments. Grasping it leads to better decisions, giving an accurate picture of worth over asking price. Formula: …
PayRent is on a mission to build a rent collection app that fosters a positive and productive relationship between renters and landlords. We focus less on transactions and more on the people behind them.
