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ESSENTIAL TIPS 
BY LUCAS HALL 
FOR BEING A 
SUCCESSFUL LANDLORD
AGENDA 
1. Tips for the Landlord Lifecycle 
2. Important Rental Laws 
3. Useful Guides & Resources
SPEAKER 
Lucas Hall 
• Landlord, ~10 yrs 
• Founder, Landlordology 
• Chief Landlordologist and 
Community Manager 
@CozyC...
LISTINGS / SHOWINGS 
1. Craigslist & Postlets are still #1 
2. Pictures… Ohhh, Pretty! 
3. Host a “Landlord’s Open House”
APPLICATIONS 
1. Use online applications 
2. SSN#, not required 
3. Collect applications from all 
adult occupants
SCREENING TENANTS 
1. Able and willing to pay rent? 
2. Ask landlords; “would you rent to them 
again?” 
3. Race, Color, R...
DEPOSITS 
1. Collect a deposit before or at 
lease signings 
2. Useful as compensation for 
damages; material or financial...
LEASES 
1. Use a rock-solid lease, stick to it 
2. Every adult occupant signs the 
lease with joint & several liability 
3...
MOVE-IN 
1. Specify move-in/move-out times 
2. Keys; no earlier than Day 1 of lease 
3. Allow tenant to document condition...
COLLECTING RENT 
1. Mandate online & automatic 
payments 
2. Charge hefty late fees 
3. Set up an operating bank account 
...
REPAIRS 
1. Acknowledge requests within hours 
2. “Call anytime”; be available via SMS 
3. Give proper notice every time 
...
RENEWAL / MOVE-OUT 
1. Require 60 day notice of non-renewal 
on fixed-term leases 
2. Don’t always raise the rent 
3. Host...
RENTAL LAWS
RENTAL LAWS 
1. Federal Laws (sort of): The Uniform Residential 
Landlord Tenant Act (URLTA) of 1972 
2. Return Deposit: 1...
RENTAL LAWS 
5. Rent Grace Period: 0-15 days 
6. Late Fees: limit by % or day. I recommend 
one time fee + small daily fee...
RENTAL LAWS 
8. Non-Payment: 0-10 days to 
remedy or quit 
9. Lease Violation: 0-30 days to 
remedy or quit 
10.Unconditio...
BEST PRACTICES 
1. Heating: At least 68 degrees 
2. Bedrooms: Need two exits 
3. Smoke Detectors: In each bdrm, CO 
detect...
RESOURCES
STATE LAWS 
landlordology.com/state-laws 
State Summaries 
State-specific guides to landlord-tenant 
laws 
The URLTA of 19...
GUIDES 
landlordology.com/guides 
The Landlord Guides 
The Definitive How-To Guides for 
Independent Landlords
DIRECTORY 
landlordology.com/directory 
Services Directory 
Our list of the best online and offline 
tools for Independent...
LANDLORD: STEP BY STEP 
landlordology.com/lifecycle 
The Landlord Lifecycle 
A comprehensive checklist of phases 
when ren...
GUIDES & RESOURCES 
landlordology.com/ask-lucas 
Ask Lucas 
A Q&A Podcast about Landlording. 
Ask a Question, Get an Answe...
(IT’S FREE)
ONLINE RENT COLLECTION 
(FREE!)
TENANT SCREENING 
(Also, FREE)
CREDIT CHECKS 
(Yep, this too… FREE)
! 
www.cozy.co 
! 
© 2012-2014 Cozy Services Ltd. All rights reserved.
QUESTIONS?
Essential Tips to Being for Successful Landlord - Landlordology - Lucas Hall
Essential Tips to Being for Successful Landlord - Landlordology - Lucas Hall
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Essential Tips to Being for Successful Landlord - Landlordology - Lucas Hall

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YOU'LL LEARN:
1) Essential Tips for Every Step in the Landlord Lifecycle
2) The Most Important Laws that Every Landlord Should Follow;
3) Top List of Guides and Resources for Landlords;

CONTENTS:
1. Tips for Listings / Showings
2. Tips for Applications
3. Tips for Screening Tenants
4. Tips for Deposits
5. Tips for Leases
6. Tips for Move-in
7. Tips for Collecting Rent
8. Tips for Repairs and Maintenance
9. Tips for Renewals / Move-out
10. Rental Laws
11. Best Practices
12. Best Resources
13. About Cozy

SUPPORTING LINKS:
Cozy - Free Software for Landlords: https://cozy.co
Landlordology: http://www.landlordology.com

Published in: Real Estate
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Essential Tips to Being for Successful Landlord - Landlordology - Lucas Hall

  1. 1. ESSENTIAL TIPS BY LUCAS HALL FOR BEING A SUCCESSFUL LANDLORD
  2. 2. AGENDA 1. Tips for the Landlord Lifecycle 2. Important Rental Laws 3. Useful Guides & Resources
  3. 3. SPEAKER Lucas Hall • Landlord, ~10 yrs • Founder, Landlordology • Chief Landlordologist and Community Manager @CozyCo • Not a Lawyer :) • 4 Properties / ~17 Tenants
  4. 4. LISTINGS / SHOWINGS 1. Craigslist & Postlets are still #1 2. Pictures… Ohhh, Pretty! 3. Host a “Landlord’s Open House”
  5. 5. APPLICATIONS 1. Use online applications 2. SSN#, not required 3. Collect applications from all adult occupants
  6. 6. SCREENING TENANTS 1. Able and willing to pay rent? 2. Ask landlords; “would you rent to them again?” 3. Race, Color, Religion, Sex, National Origin, Familial Status, Disability 4. Sex Offender is not a protected class; www.nsopw.gov
  7. 7. DEPOSITS 1. Collect a deposit before or at lease signings 2. Useful as compensation for damages; material or financial 3. Don’t commingle funds
  8. 8. LEASES 1. Use a rock-solid lease, stick to it 2. Every adult occupant signs the lease with joint & several liability 3. Review entire lease w/ applicants & use e-signature tools: HelloSign, SignNow, DocuSign
  9. 9. MOVE-IN 1. Specify move-in/move-out times 2. Keys; no earlier than Day 1 of lease 3. Allow tenant to document condition and perform inspection 4. $10 welcome gift w/ Day 1 essential items
  10. 10. COLLECTING RENT 1. Mandate online & automatic payments 2. Charge hefty late fees 3. Set up an operating bank account 4. Don’t collect last month’s rent
  11. 11. REPAIRS 1. Acknowledge requests within hours 2. “Call anytime”; be available via SMS 3. Give proper notice every time 4. Use a lockbox for trusted contractors
  12. 12. RENEWAL / MOVE-OUT 1. Require 60 day notice of non-renewal on fixed-term leases 2. Don’t always raise the rent 3. Host showings 4-6 weeks out 4. Provide a instructions / cleaning list
  13. 13. RENTAL LAWS
  14. 14. RENTAL LAWS 1. Federal Laws (sort of): The Uniform Residential Landlord Tenant Act (URLTA) of 1972 2. Return Deposit: 15-60 days move-out and/or lease termination; w/ itemized receipts and separate account. 3. Wrongful Withholding: 1-3x amount 4. Non-Refundable Fees: Allowed in AZ, NV, WV, FL, UT, WY, GA, WA
  15. 15. RENTAL LAWS 5. Rent Grace Period: 0-15 days 6. Late Fees: limit by % or day. I recommend one time fee + small daily fee. 7. Notice to Enter: Usually 24+ Hours 8. Discrimination: Race, Color, Religion, Sex, Familial status, Origin, or Disability. Sometimes; Marital Status, Sexual Orientation, Source of Income or Age
  16. 16. RENTAL LAWS 8. Non-Payment: 0-10 days to remedy or quit 9. Lease Violation: 0-30 days to remedy or quit 10.Unconditional Quit Notices: AR, ND, WV, LA, OH, WY, MO, SD
  17. 17. BEST PRACTICES 1. Heating: At least 68 degrees 2. Bedrooms: Need two exits 3. Smoke Detectors: In each bdrm, CO detectors within 15 ft of bdrm 4. Nuisance: Trash, Noise, Weeds 5. Check In: Once a month
  18. 18. RESOURCES
  19. 19. STATE LAWS landlordology.com/state-laws State Summaries State-specific guides to landlord-tenant laws The URLTA of 1972 uniformlaws.org
  20. 20. GUIDES landlordology.com/guides The Landlord Guides The Definitive How-To Guides for Independent Landlords
  21. 21. DIRECTORY landlordology.com/directory Services Directory Our list of the best online and offline tools for Independent Landlord
  22. 22. LANDLORD: STEP BY STEP landlordology.com/lifecycle The Landlord Lifecycle A comprehensive checklist of phases when renting a property
  23. 23. GUIDES & RESOURCES landlordology.com/ask-lucas Ask Lucas A Q&A Podcast about Landlording. Ask a Question, Get an Answer.
  24. 24. (IT’S FREE)
  25. 25. ONLINE RENT COLLECTION (FREE!)
  26. 26. TENANT SCREENING (Also, FREE)
  27. 27. CREDIT CHECKS (Yep, this too… FREE)
  28. 28. ! www.cozy.co ! © 2012-2014 Cozy Services Ltd. All rights reserved.
  29. 29. QUESTIONS?

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