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...

Owning a rental property in Kentucky means adhering to Kentucky landlord-tenant laws. Kentucky 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...

A GUIDE TO THE LOUISVILLE, KENTUCKY EVICTION PROCESS Evictions are very serious affairs in Kentucky, and there is a detailed, multi-step approach to it. The first step to an eviction process in KY is to terminate the lease and send a written notice. There must be reasonable grounds for ending...

Deemed as a top-class city in Kentucky, Louisville takes its name from King Louis XVI of France. Louisville is home to some of the most exciting events and things to do such as the world-renowned Kentucky Derby Festival which features parades, races, and marathons for an entire 2 weeks. Culture and history...

Do you want to enjoy a stable rental income? Getting long-term tenants in your rental property is the top strategy for preventing a “roller coaster income stream.” A long lease provides a steady rental income that you can count on as a property investor. However, it’s not always easy to keep...

Although not a requirement under Kentucky state laws, many landlords require their tenants to pay a security deposit before keys can be exchanged. There are many benefits to doing so.  For one, a security deposit can help cover for any excessive damage a tenant may cause to the property. Examples...

IN LOUISVILLE, KENTUCKY Are you considering buying a property in or moving to Louisville, KY? Louisville is an urban city with a population of around 1 million people. This community, which is located on the banks of the Ohio River, has entered the national consciousness with its thriving arts scene,...

For most Americans, having possession of a home is the ultimate dream. Given this, it makes sense to be wary of trespassers that can make legal claim to your property by filing for adverse possession. WHAT IS ADVERSE POSSESSION? Adverse possession is a legal doctrine that allows squatters to gain...

So, you finally decided to invest in a property and turn it into an income-generating rental space—congratulations are in order. The first step to succeed in this industry is to find the courage to start.  Now what? You may ask yourself how to handle a rental unit to maximize your...

While the number of pet owners keeps growing, a lot of rental spaces are still off-limits to pets. Some landlords are afraid of the damages that pets may contribute. Others are wary of the additional maintenance and policies to incorporate. However, there are plenty of advantages of renting to pet...