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Product Release – March 2022

Hey everyone!  Welcome to the latest product release report from Burbz. Why do we share these releases?  We are committed to our core values: transparency, control and flexibility.  These product reports provide our users with transparency about exciting new products...

Can a landlord terminate agency agreement?

Can a landlord terminate agency agreement?

As a landlord, you likely entered into a Property Management Agreement.  This legally binding contract defines the responsibilities and remedies for all parties involved.  Can a landlord terminate an agency agreement? Yes. Pretty short blog, we know.  But sometimes...

When to Fire Your Property Manager

When to Fire Your Property Manager

These are strong signs that you should consider firing your property manager. As a landlord, there are many reasons you considered hiring a property manager in the first place.  For some, they don’t want the hassles and want more of a true passive income from real...

How To Terminate a Property Management Agreement

How To Terminate a Property Management Agreement

There are many reasons why a landlord would want to know how to terminate a property management agreement.  And we’ll cover a few of those possibilities as well as provide you the insight and know-how for doing so. It is important to start off by acknowledging the...

When Should a Landlord Hire a Property Manager

When Should a Landlord Hire a Property Manager

There tend to be two trains of thought for hiring property management.  Those who hate and refuse to hire property management.  And those who know when to hire a property manager. Many landlords self-manage their rental properties and are successful in doing so.  But...

Who Needs Renters Insurance?

Who Needs Renters Insurance?

Any tenant who does not own the property they primarily live on will need renters insurance. This includes those of you who live in rental houses, apartments, dorm rooms, and senior living complexes.  For commercial, this includes those operating in retail, office, or...

How Does Property Management Work

How Does Property Management Work

There are plenty of blogs that cover this same topic about how property management works.  However, this blog is different.  How so? Because as landlords ourselves, we are giving the absolute transparent insight into property management.  All the goods and all the...

How To Be A Better Property Manager

How To Be A Better Property Manager

How to be a Better Property Manager   The first step to becoming better at anything is a desire to be better.  Kudos on taking the first step wanting to learn how to be a better property manager! We’ve decided to skip all the cheesy clichés: be positive, know the...

Landlords Guide: Early Termination of Lease Agreement

Landlords Guide: Early Termination of Lease Agreement

It happens.  Finally, one of your tenants asks about the early termination of the lease agreement.  Should you let your tenants out of their lease? Indeed, the lease agreement between the landlord and the tenant will provide protection to both parties.  In the event...

Do Property Managers Pay for Repairs?

Do Property Managers Pay for Repairs?

A perk when hiring a property manager is having somebody else to coordinate repairs.  Yet, landlords often find themselves asking “How do property managers pay for repairs?”. This article covers management agreements, explain how property managers pay for repairs, and...

How Much Does Property Management Companies Charge?

How Much Does Property Management Companies Charge?

How Much Does Property Management Companies Charge?   Interested in hiring property management?  Find yourself ask “how much do property management companies charge”?  Then you’ve come to the right blog! Grasping the cost of property management is important when...

How to Start a Part-Time Property Management Company

How to Start a Part-Time Property Management Company

You’re thinking about starting your own property management company.  Whether to become full-time business or a part-time gig.  Or perhaps you’re a landlord already managing your own rentals.  But you want to earn more income by managing for others. Regardless of your...

Landlords Guide to Month to Month Lease Agreement

Landlords Guide to Month to Month Lease Agreement

Landlords Guide to Month to Month Lease Agreements One word to describe the life of a landlord: scenarios.  As in, there are a lot of different scenarios that occur between landlords and tenants.  Including the scenario when a lease ends and converts to a month to...

How to rent your house as corporate housing

How to rent your house as corporate housing

Own a property? Considering corporate housing?  Asking yourself "how to rent my house to corporate housing?".  You’ve come to the right place. Burbz walks you through the major elements of corporate housing.  How you can make more profits.  And, what it takes to...

Tenant Move In Checklist

Tenant Move In Checklist

Congrats!  New tenants are soon to occupy your rental property.  As move-in approaches, send the move-in checklist so your tenants can prepare to move into the rental. Check out our Landlord Resources page for the free Tenant Move In Checklist.   Why landlords...

BRRRR Method: Ultimate Guide to Everything You Need To Know

BRRRR Method: Ultimate Guide to Everything You Need To Know

So, you are starting your real estate investing journey.  Perhaps you already own a property.  You keep hearing about this ‘BRRRR Method’. What is it? Why do so many investors use it? Let’s find out. What is the BRRRR Method? How to find properties for BRRRR method?...

Where to Report Bad Property Manager

Where to Report Bad Property Manager

Frustrated with your bad property manager?  Unfortunately, many landlords grow tired of excuses from their property management company.  Sometimes warranted.  Sometimes unwarranted. If you have reached a point of no return, this blog will help you find out where to...

Partial Rent Payment Guide for Landlords: Everything to know

Partial Rent Payment Guide for Landlords: Everything to know

In a perfect world, rent is collected on-time every month.  In full.  Landlords know first-hand this world is far from perfect.  Collecting rent is the most important task but today we address whether you should allow partial rent payments. In this guide, we answer...

8 Responsibilities and Duties for Property Management

8 Responsibilities and Duties for Property Management

Are you currently considering hiring a property manager?  Perhaps you already have a property manager and exploring options for a new property manager.  You came to the right place to learn about property management responsibilities and duties. For this article, we...

Ways for Renters to Pay Rent

Ways for Renters to Pay Rent

As a renter, often your monthly rent is the largest expense you pay.  With technology today, renters have more options to pay rent. This article will explore the best ways for you to pay rent.  Interesting ways to benefit financially from paying rent too!  And how to...

25 Important Questions to Ask Your Landlord Before Signing a Lease

Searching for a new home to rent?  Now is your opportunity to ask the landlord questions to better understand what you are committing to.  Equally important to sell yourself to landlords, landlords must sell themselves to you. We have put together a list of 25...

Prorated Rent: How to reduce your first month’s rent

Prorated Rent: How to reduce your first month’s rent

Are you actively searching for a new rental home?  Moving can be expensive.  Security deposits.  Application fees.  Screen reports. Pet deposits.  And a full month of rent.  All paid upfront. What if you move mid-month?  Will you owe the full rent? Luckily for you,...

6 Important Things Landlords Cannot Do

6 Important Things Landlords Cannot Do

Are you applying to rent a house or apartment?  Perhaps you already are renting.  Or, you are a landlord going through the leasing process or currently have tenants. Whichever category you fall into, it is important to understand what landlords can and cannot do. Most...

Can My Landlord Break A Lease?

Can My Landlord Break A Lease?

Can a landlord break a lease?  That is contingent on your lease and behaviors. Landlords and tenants are bound together with a Lease Agreement.  A legal document that defines obligations, notices, and punishments if either party fails to meet their requirements. To...

Can a Landlord Charge for Carpet Replacement?

Can a Landlord Charge for Carpet Replacement?

A common argument over security deposit reduction relates to the carpet.  Landlords are upset about stains and damages to the carpet that might hinder future tenants from renting.  Tenants claim the carpets are old and worn down anyways.  Can a landlord charge for...

Best Questions to Ask Potential Tenants

Best Questions to Ask Potential Tenants

Regarding risk in rental properties, selecting the right tenant is crucial for success and profits.  Selecting the wrong tenant can lead to headaches, damages and evictions.  Selecting the right tenant can lead to a simple life.  The first step is learning the proper...

How to Become A Landlord

Ready to become a landlord?  This is a guide introducing how to become a landlord. Calculate how much money you can afford to spend on an investment property.  There are alternative ways to fund your real estate investment. Start analyzing deals as practice if you...

How To Deal With  Bad Property Management Company

How To Deal With Bad Property Management Company

As a landlord, a lot of trust is given to property management companies.  After all, they handle all the day-to-day operations of your rental property. Sadly, property management companies fail to meet landlords’ expectations.  What started as delegation for passive...

How To Be A Good Landlord

How To Be A Good Landlord

Benefits Being A Good Landlord Everyone starts out with good intentions.  Landlord is an authority position. There are ways to be a good landlord without being a slum lord. Every tenant has a relationship with their landlord or property manager.  Each month they...

Should I rent or sell my house

Should I rent or sell my house

First, congrats!  Real estate is a powerful investment that can generate additional monthly income.  Also, benefiting from long-term appreciation.  The fact you are asking yourself 'should I rent or sell my house' indicates you want to build wealth. Since real estate...

Real Estate 2020 Trends

Real Estate 2020 Trends

Goodbye 2019.  Hello 2020!  Take a look at real estate trends for 2020. Are you considering purchasing a new home in 2020?  Or an investment property? This year projects to continue the historical low inventory and rates.  Whether you are an investor or home buyer,...

7 Ways to Increase Rental Income

7 Ways to Increase Rental Income

7 Ways to Increase Rental Income Landlords realize the value of owning rental properties.  They generate cash flow each month.  However, are there ways to increase the total rental income besides rent?   Let's realize majority of income opportunity is rent itself. ...

10 Great Tips for First-Time Landlords

10 Great Tips for First-Time Landlords

10 Great Tips for First-Time Landlords Are you a first-time landlord?  Perhaps you did not intend to be.  While being a landlord may seem overwhelming, we are here to help.  Our list of 10 great tips for first time landlords.   1. Know and Follow Fair Housing...

Am I Responsible For My Roommates Rent

Am I Responsible For My Roommates Rent

Am I Responsible for My Roommates Rent? We all have had one at some point in our life: roommate.  Hopefully more good stories than horror stories. As a roommate, you share a lot of responsibilities for the rental.  Such as damages, utilities, and general cleanliness. ...

The Top Ways to Collect Rent on Time

The Top Ways to Collect Rent on Time

Being a landlord sounds appealing to most people, especially when the idea of passive income comes to mind. However, too many people rush to place people into units and then struggle to collect rent from their tenants. These new landlords think they can get rent...

5 Reasons Not To Refinance

5 Reasons Not To Refinance

Everybody has heard!  Interest rates have gone back down into historically low figures again.  Now is the time to refinance your home! Hooray!  Let's refinance!  Or should we? Here are 5 Reasons Not To Refinance Your Home Before we share the reasons, it is important...

Why New Landlords Should Consider House Hacking

Why New Landlords Should Consider House Hacking

When you think of successful real estate investors, the thought of multi-millionaires sitting on yachts probably crosses your mind. While those people do exist, many more people are living rent-free thanks to house hacking! These landlords typically occupy one of the...

6 Non-traditional Ways to Fund Your Real Estate Investment

6 Non-traditional Ways to Fund Your Real Estate Investment

Real estate is simply one of the most profitable investment sectors. The cash flow you get from your properties can help you build wealth quite rapidly. We won’t go into details of just how fruitful real estate investing is in this post, but you can always read our...

Our Top 12 Best Real Estate Podcasts for Investors

Our Top 12 Best Real Estate Podcasts for Investors

Getting into the real estate business is an exciting prospect for new investors. It is undoubtedly one of the most dependable investments around. Like all other businesses, it has its pros and cons, but it is one of the oldest trades in the world today. As such, there...

8 Common Mistakes When Buying Investment Property

8 Common Mistakes When Buying Investment Property

“Risk comes from not knowing what you’re doing.” – Warren Buffet When Mr. Buffet said these words, he meant to emphasize the importance of fully understanding the risks of business in which you’re planning to get invested. This is particularly true when buying...

9 Best Cities to Invest in Real Estate in 2019

9 Best Cities to Invest in Real Estate in 2019

“If you don’t own a home, buy one. If you own a home, buy another one. If you own two homes, buy a third. And, lend your relatives the money to buy a home.” — John Paulson, investor and multi-billionaire. People have always said it is smart to invest in real estate,...

Multifamily Real Estate Investing – Is It for You?

Multifamily Real Estate Investing – Is It for You?

Real estate is one of the best forms of investments, if not the best. The sooner more investors realize this, the more money they can make. But for those who have already acknowledged its potential and have decided to get into this business, their next objective would...

How to screen a tenant for your rental property

How to screen a tenant for your rental property

Once you have decided to get into the real estate business, more often than not, you’ll look to rent out your property because it ensures stable cash flow. However, renting out your property isn’t the easiest task, and you should know the basics of how to screen a...

How often should landlords inspect rental properties?

How often should landlords inspect rental properties?

Self-managing your rental property can be a great way to increase your cash flow and have greater control of your units. That said, some areas of management aren’t black and white. When it comes to inspecting your rental property, you will want to find a good balance....

Six Tips for Renting Out Your House

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt If you weren’t already convinced about the...

Out of State Real Estate Investing – 4 Important Tips

Out of State Real Estate Investing – 4 Important Tips

Whether you are a new or experienced real estate investor, the idea of out of state real estate investing leaves many people puzzled. From legal issues and financing to locating a property and managing the tenants, there are quite a few issues that may seem daunting....

Local Property Managers: Does Company Size Matter?

Local Property Managers: Does Company Size Matter?

Finding a property manager is not as easy as it may appear to be. There are many issues that your local property manager will need to address regarding your property. Whether your local property manager knows how to deal with those issues depends on their experience...

Eight Questions to Ask When You Hire A Property Manager

Eight Questions to Ask When You Hire A Property Manager

Hiring a property manager is not a must, but for the right property and the right landlord, it can do wonders. The job of a property manager is not to be taken for granted and a slight mistake can do a lot of harm. There are certain traits that a property manager...

Is Residential Property Management Worth It?

Is Residential Property Management Worth It?

If you have managed your property for years without any concerns, why would you ever consider residential property management? After all, you have done all the jobs a property manager would do without having to pay fees. Well, if you are reading this post, then you...

Can I Negotiate Property Management Fees?

Can I Negotiate Property Management Fees?

[Updated June 17th, 2020] If you have a house or unit for rent and need property management, you probably have wondered if you can negotiate property management fees. Each company you speak with may have a set percentage or flat rate, but do you know if they can do...

Five Property Management Marketing Methods for 2019

Five Property Management Marketing Methods for 2019

If you are a property manager, finding clients can sometimes be a struggle. While building your network is key, word of mouth can only get you so far. If you are a small firm or even a solo manager, it may seem like your competitors have massive property managment...

Five Tips for Hiring a Property Manager

Five Tips for Hiring a Property Manager

If you own a home, condo, apartment, or any other piece of real estate, the thought of renting it out for additional income has probably crossed your mind. Hiring a property manager can help with all aspects of the rental process to greatly lighten your workload....

Proof of Income: Ways to Show Without Pay Stubs

Proof of Income: Ways to Show Without Pay Stubs

When a rental property is accepting tenant applications, there are common requirements that landlords and property managers take to check the boxes throughout the process.  Often these include background checks, credit checks, job verification, and proof of income....

Understanding Property Management Agreement: Vendor & Maintenance

Understanding Property Management Agreement: Vendor & Maintenance

This blog is part of our series for How to Understand your Property Management Agreement.  Thus far we have discussed monthly Management Fees and Leasing / Lease Renewal Fees.  Click on the respective blog names for links.   Understanding Property Management Fees...

Understanding Property Management Agreements: Management Fees

Understanding Property Management Agreements: Management Fees

So you are considering hiring property management. Awesome! The first task is talking to property managers about their property management fee structure. The second task is understanding the different fee structures. Property Management Fees Monthly management fees...

Proof of Income: Ways To Show Without Pay Stubs

Proof of Income: Ways To Show Without Pay Stubs

When a rental property is accepting tenant applications there are common requirements that landlords take to check the box throughout the process.  Often these include background checks, credit checks, job verification, and proof of income. What happens when your...

California Market: Insights on the Defeat of Prop 10

California Market: Insights on the Defeat of Prop 10

Landlords in California felt a sense of relief when 59.56% of the voters defeated Proposition 10 at the November midterm election. Even though the vote is now over, the way California residents voted could provide us some insight.   Understanding Prop 10 Prop 10...

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