How to Know if Your Rental Meets Safety Standards

Rental safety is one of the crucial topics to learn as a new landlord. Accidents can occur but it’s best to spare serious time in preparing your rental to safeguard your tenants. Address potential issues before they spiral out of control. It can also help you avoid tenant complaints. Older...

A Guide to 1031 Exchanges in Louisville

The selling of a property in Louisville attracts capital gains tax. Luckily, you may be able to forego payment of such taxes by using Section 1031 of the Internal Revenue Code.  The Code allows an investor to exchange their property for another like-kind one without incurring a capital gains tax....

How Often Should a Landlord Inspect a Rental Property in Louisville?

There are many benefits to inspecting your rental property regularly. For example, being prompt in resolving maintenance issues leads to retaining tenants in your Louisville rental home for the long term. But as a landlord, you will also need to be aware of the implied covenant of quiet enjoyment, as...

Hiring a Property Manager vs. Self-Managing

Once the ink has dried on your rental property deal, the next decision you are probably going to make is: Are you going to hire a property manager or manage the property yourself? It’s common for new landlords to manage properties themselves, considering the resources they spent in the acquisition...

How To Conduct a Tenant Walk-Through Inspection

A walk-through inspection is also commonly referred to as a move-in/move-out inspection. When a tenant is first moving in, it’s common practice for both parties to walk through the unit and document its condition. As a tenancy ends, both parties in the lease will repeat this process. This will give...

How to Write a Good Property Listing

Having a vacancy means you’re losing money every month that it stays that way. Therefore, it’s essential to start the marketing process as soon as possible after a tenant vacates your rental. Typically, a rental marketing process begins with the creation of a rental ad. Your rental ad should be...

Top 7 Amenities Renters Can’t Resist in Louisville

As a landlord, you should know that tenants are some of the pickiest clients you will ever meet. Though they might have shown interest in your property, they will assess it with a critical eye. To attract and keep long-term tenants, you must install utilities or have provisions that cater...

Top Tenant Complaints and How to Solve Them

If you are looking to rent out your Kentucky property, you must be prepared for a variety of tenant complaints. Tenants are within their rights to raise up concerns and issues about the rented premises, and while these complaints may vary from property to property, there are some common ones...

Kentucky Laws on Breaking a Lease

Breaking a lease in Kentucky, like any other state, has its consequences. Tenants cannot break a lease simply because they changed their minds or want to move somewhere else for basic reasons. Leases are binding contracts. Once signed, both you and your tenants must honor them. This article will focus...

Kentucky Landlord-Tenant Law

Owning a rental property in Kentucky means adhering to landlord-tenant state laws. Landlords and tenants are required to know their rights and responsibilities. As a landlord, it’s important so you can manage your property well. It will also help you not to draft a well-written lease agreement and not overstep...