Here at AAOL, we get letters and emails on a daily basis from landlords with stories of their nightmare tenants. What is a nightmare tenant? Simply put, it's a problematic tenant who causes you a lot more headache, heartache, and a whole lot more work than you expected to have to deal with when renting out your property as a landlord. A nightmare tenant can mean different things to different people. It could mean a tenant who never kept up with rent, always paid late or never made a … [Read more...]
How Landlords All Over America Are Losing Money by Raising Rents
Here’s one of the biggest mistakes American landlords make with their rental properties: they increase the rent. Why would this be a mistake? After all, higher rents should mean more money, not less. The issue is - most times, landlords increasing their rents actually ends up losing them a ton of money in the process! How is that possible? It’s simple math, and we'll break it down for you. Let's suppose you have a property where the rent is currently set at $1100 a month, but … [Read more...]