Pg. 14 - Conquering Critters: A Landlord’s Guide to Pest Control in Rental Properties
Pg. 22 - Landlords Go Green: Eco-Friendly Maintenance Practices for Sustainable Rentals
Pg. 18 - How Landlords Can Manage Water Usage in Rentals
Pg. 30 - Finding Great Tenants: A Connecticut Landlord's Guide to Tenant Screening
News And Views From The Capitol
A Positive Session
Realtor Report
There Were More Homes for Sale in CT in May, but There Are Still Plenty of Buyers
Insurance Insights
Water Woes in the Nutmeg State: A Guide to
Insurance and Claims for Connecticut Housing Providers
Property Management Tips & Tricks
Conquering Critters: A Landlord’s Guide to Pest
Control in Rental Properties
As I reflect on my time in the legislature serving in both the House and Senate Chambers I am proud to share the remarkable achievements of this legislative session. This session, I was entrusted to be a key part of our leadership and significantly contribute to our caucus strategy negotiations.
Despite being in the minority, our team stood tall, demonstrating resilience and determination. This year, our efforts made a significant impact, shaping good bills and blocking harmful ones.
Here are a few key bills I helped over the finish line:
(S.B. 393)
Each year, I championed improvements to the process for retrieving unclaimed property held by the State Treasurer. Our persistence paid off, and progress is evident.
6)
I introduced legislation to recognize and honor veterans from our community who were exposed to Agent Orange was an honor. Their dedication to our country deserves our utmost gratitude.
Strengthening Election
(H.B. 5498)
While I proudly co-sponsored this bill, more work remains. I offered five meaningful amendments on the Senate floor to enhance its effectiveness, but unfortunately, they were rejected by the majority.
(S.B. 253)
I am pleased to have introduced and passed legislation preventing foreign interference in Connecticut’s elections through political contributions or expenditures.
Supporting Connecticut Seniors and ImprovingCare(H.B.5001)
A resounding victory for our seniors, this bill enhances nursing and home-based care services. By supporting HB5001, we ensure quality care for Connecticut’s elderly population.
Safeguarding Water Resources (H.B. 5355)
Our commitment to environmental stewardship led us to examine water protection in the Upper Farmington River Valley. This law ensures these precious resources remain safeguarded for generations.
(H.B. 5491)
Veterans with service-connected permanent and total disability ratings deserve our utmost respect. This policy creates a mechanism to ease their financial burden a small token of gratitude for their sacrifices.
Addressing PFAS in Products (S.B. 292)
This bill prevents the harmful “forever” chemical PFAS from further damaging our environment and citizens’ health.
Enhancing Government Accountability (S.B. 259,260,261)
As Ranking Member of the Government Administration & Elections Committee, I lead the way on transparency and oversight. These bills focus on improving our state ethics requirements.
5198)
HB5198 allows for the expanded use of telehealth services while providing necessary patient protections.
Even more important than passing good policy is blocking harmful legislation from becoming law. Being in the minority requires strategic prioritization of bills and a keen awareness of the varying degrees of positive vs. problematic bills. Leveraging the Senate’s tradition of unlimited debate, I engaged in lengthy discussions on harmful legislation. In some cases, our efforts resulted in legitimate and favorable compromise. In other cases, I am proud to have helped to block bad ideas:
The “Green Monster”
This is a massive climate-focused bill aimed to revive failed ideas like carbon taxes and gaspowered vehicle bans. We all wish to protect the environment long into the future, but this proposal was simply extreme.
This proposal sought to redefine “sex” and “gender” in Connecticut’s constitution, conflating abortion rights with transgender rights and would have enshrined protections for late-term abortions and gender reassignment surgery in our state constitution. People can differ over the question of abortion, but this was an extreme policy focused on abortion protections late in a pregnancy close to birth.
As the ranking member of the Housing Committee, I opposed a proposal interfering in private rental agreements. Inserting the state government into housing provider-tenant relationships continues to harm our housing stock.
One proposal this year was to create Diversity, Equity, & Inclusion (DEI) Directors in every state agency with power on par with Commissioners themselves. Not only would this have cost
taxpayers millions, but it would also have injected race & gender-based decision making into our state government in a huge way. I believe people should be judged on merit, not superficial appearances.
Majority Democrats at the Capitol have been hot on overriding local zoning laws in our communities. I am proud to protect our well-run local governments from state led mismanagement.
We also successfully prevented further erosion of civil liberties and constitutional protections this session. Rather than simply saying no, I proposed amendments to many pieces of legislation throughout this session. My goal is to make every bill in committee, or on the senate floor, the best version possible, working towards common sense and a final bill we all could be comfortable with.
I will continue standing for our guiding American principles. Connecticut’s seniors, veterans, and residents deserve nothing less.
Heading into the noon hour on Friday, two properties hit real estate brokerage sites roughly in tandem: one a Timber Lane house in Darien spanning more than 7,000 square feet of space, the other a seasonal cottage in East Haddam totaling less than 900 square feet, but with a dock lounge and shoreline acreage for leisure time on Bashan Lake.
Both were getting plenty of eyeballs online by early afternoon, as house hunters continued to scour options in Connecticut with the spring market drawing near a close, but still plenty of momentum to carry into the summer months.
An April increase in the number of homes listed for sale tailed back off in May, according to new estimates by Berkshire Hathaway HomeServices New England Properties though the month's gains were just enough to
push Connecticut into an overall increase on the year, compared to between January and May of 2023.
For those looking to buy, new listings are critical in giving them more options to find houses that fit their budget and living needs.
"The listings that are coming on are being snatched up," said Paul Breunich, CEO of William Pitt Sotheby's International Realty based in Stamford. "You have to look at each market its been up and down but for the most part listings have been increasing each month, and that's great."
In Greenwich, new listings shot up 18 percent in May from a year ago as tracked by Berkshire Hathaway, pushing the town into positive territory for the year. Bridgeport, Milford and Danbury also saw big jumps in May listings,
but with the cities' year-to-date totals having yet to catch up to 2023.
Only a small handful of towns are seeing across-the-board increases in most key market metrics, to include Wilton where home sales are up more than a third this year; Rocky Hill where new listings have rocketed up 45 percent from the first five months of 2023; or North Branford, where median and average prices have surged this year, a reflection of better houses hitting the market than in 2023.
In West Hartford in May, sellers were able to get 9.7 percent more than their final asking prices amid bidding wars, more than 2 percentage points above what had already been an impressive performance on that front through April.
But in the vast majority of Connecticut cities and towns, some market metrics have improved on the winter and spring tallies of 2023, while others have ebbed whether for listings or sales transactions.
It is clear, however, that buyers are out in force for properties they see as having value. The median window for Connecticut houses to go under contract was just seven days, of the roughly 2,800 properties sold statewide in May. That was four days faster than the median time it took to sell a house in May 2023, illustrating the eagerness among
buyers to land a home this year and the quality of their bids that is prompting sellers to take those offers rather than waiting longer for any more to surface.
The median-priced house in Connecticut sold for $380,000 in the group of transactions between January and May, up $40,000 from a year earlier.
On average, Connecticut home buyers paid 4.1 percent above final listed prices in May, though some of those properties had their prices cut from the original amounts sought by owners.
Buyers are paying more despite mortgage rates that have yet to show any signs of easing below the 7 percent threshold, let alone get close to the 5.5 percent neighborhood that real estate experts have cited in the past as the level that deters many buyers. Breunich said those higher interest rates continue to deter some home owners from selling who would have to obtain a new mortgage to finance any replacement home, and predicted listing activity will climb as interest rates drop.
"There's a bunch of sellers that want to sell their house," Breunich said. "And there's a bunch of buyers."
For those of us managing rental properties in Connecticut, the threat of water damage is ever -present. From burst pipes to overflowing appliances, leaks to heavy rains, these events can wreak havoc on our properties and put a strain on our budgets. Navigating the complexities of insurance claims in such situations can be equally daunting. This comprehensive guide aims to equip you with the knowledge and resources to handle water claims efficiently and effectively while minimizing financial losses.
Understanding Your Policy:
• Review your insurance policy meticulously: Familiarize yourself with the specific types of water damage covered and any exclusions that might apply. Look for clauses related to frozen pipes, sewer
backups, appliance failures, and weatherrelated events.
• Know your deductibles and limits: Be aware of the amount you'll be responsible for before the insurance company kicks in.
• Check coverage for temporary housing: Some policies cover temporary housing for tenants displaced by water damage, while others offer additional living expenses coverage.
• Document everything: Maintain proper records of your property, including maintenance logs, receipts for repairs, and photographs of the damage before and after mitigation efforts. This documentation will be crucial for your claim.
• Act fast to mitigate damage: The quicker you address the source of the leak and prevent further damage, the lower the repair costs and the higher your chances of a smooth claim process.
• Notify your insurance company immediately: Don't delay! Promptly inform your insurer about the damage and follow their instructions to the letter. They may advise specific steps for mitigating the damage and filing the claim.
• Contact a qualified plumber or restoration company: Choose a licensed and insured professional to handle the repairs. Be wary of fly-by-night operators who might overcharge or do shoddy work.
• Keep the lines of communication open: Maintain regular communication with your tenants,insurance adjuster, and repair technicians. Keep everyone informed of the progress and any changes in the situation.
Claim Tips and Tricks:
• Gatherdetailedevidence: Take photographs and videos of the damage from various angles,including close-ups of the source of the leak, affected areas, and any temporary repairs undertaken.
• Documentrepairestimates: Obtain several estimates from qualified contractors to support the cost of repairs.
• Review the adjuster's report carefully: Make sure the report accurately reflects the extent of the damage and the proposed repairs. If you have any discrepancies, raise them with the adjuster promptly.
• Negotiate your claim: Don't be afraid to negotiate the settlement amount if you feel it's unfair.Provide your documentation and rationale to support your position.
• Hire A Private Insurance Adjuster: Private Adjusters represent your interests and not the insurance company. They often can provide larger settlements for the claim.
Prevention is Key:
• Regularly maintain plumbing and appliances: Schedule preventative maintenance checks for pipes,appliances, and water heaters to minimize the risk of leaks and failures.
• Educateyourtenants: Inform your tenants about how to prevent water damage, such as properly turning off appliances, reporting leaks promptly, and knowing how to shut off the main water valve.
• Consider additional coverage: Depending on your location and risk assessment, consider additional coverage for sewer backups, flood damage, or other specific waterrelated perils.
Additional Resources:
• Connecticut Insurance Department: https://portal.ct.gov/cid
• National Flood Insurance Program: https://www.floodsmart.gov/
• International Association of Certified Home Inspectors: https:// www.nachi.org/
By understanding your insurance coverage, acting promptly, documenting your actions, and taking preventative
measures, you can navigate water claims with confidence and protect your investment in your Connecticut rental properties. Remember, knowledge is power, and being prepared can significantly impact your financial wellbeing and ensure a smooth recovery from water-related mishaps.
Happy renting, and may your pipes always flow smoothly!
Keeping your rental properties pest-free is an ongoing battle. While you can't completely eliminate the possibility of encountering unwanted guests, a proactive approach to pest control can save you headaches (and money) down the line. This article serves as a comprehensive guide for landlords, covering everything you need to know about preventing, identifying, and eliminating pests in your rental units.
The first step is understanding who's responsible for pest control in your rentals. This can vary depending on your location and the specific terms of your lease agreement. In most areas, landlords hold the primary responsibility for maintaining a habitable environment, which includes keeping the property pest-free. However,
some leases may stipulate that tenants are responsible for specific actions to prevent attracting pests, such as maintaining cleanliness and promptly reporting any infestations.
Here's a rundown of some of the most common pests you might encounter in your rentals:
• Rodents (Mice and Rats): Rodents are notorious for squeezing through tiny cracks and seeking out food sources. They can cause significant damage by chewing on wires and furniture.
• Cockroaches: These resilient insects thrive in warm, humid environments and are attracted to crumbs and spills. Their
• Ants: While some ant species are harmless, others can bite or damage property. They are drawn to sugary substances and follow scent trails to establish colonies.
• Bed Bugs: These blood-sucking insects can hitch a ride on luggage or clothing and infest furniture. Dealing with bed bugs is a complex and expensive process.
Connecticut has specific laws regarding Bedbugs assigning responsibility to both landlords and tenants to perform certain
• ctions.
Spiders: While most spiders are harmless, some can deliver a painful bite. Their presence can be unsettling for some tenants. Prevention is Key: Building a Pest-Proof Defense
The best way to deal with pests is to prevent them from entering your rentals in the first place. Here are some preventative measures you can take:
• Regular Inspections: Conduct thorough inspections of your properties between tenants and periodically throughout the lease term. Look for potential entry points, signs of nesting, and droppings.
• Seal Up the Cracks: Seal any cracks or gaps around windows, doors, pipes, and utility lines where pests might sneak in.
• Maintain Cleanliness: Encourage
tenants to maintain a clean and sanitary living environment. This includes regularly wiping down surfaces, disposing of garbage properly, and storing food in sealed containers.
• Address Moisture Issues: Fix leaky faucets, pipes, and condensation problems. Excess moisture attracts pests like roaches and millipedes.
• Minimize Clutter: Reduce potential harborage areas for pests by encouraging tenants to minimize clutter, especially around baseboards and in storage areas.
• Trash Management: Ensure proper disposal of trash with tightly sealed bins and lids.
Despite your best efforts, pests may still find a way in. Here's what to do if you suspect an infestation:
• Be Responsive to Tenant Reports: Take prompt action when tenants report signs of pests. Delaying treatment can allow the problem to worsen.
• Identify the Culprit: Accurately identifying the pest is crucial for choosing the most effective treatment method. Consider consulting a licensed pest control professional for assistance.
• Communicate with Tenants: Keep tenants informed about the pest control plan and their responsibilities during the treatment process.
Once you've identified the pest, it's time to choose a treatment method. Here are some common options:
• DIY Methods: For minor infestations, you might consider DIY solutions like traps or baits. However, these may not be effective for larger problems.
• Professional Pest Control: Hiring a licensed pest control professional is often the most effective solution, especially for persistent infestations or complex situations like bed bugs.
• Green Pest Control Options: If you or your tenants are concerned about using harsh chemicals, some pest control companies offer eco-friendly treatment methods.
The cost of pest control can vary depending on the severity of the infestation, the size of the property, and the chosen treatment method. Here are some ways to manage these costs:
• PreventativeMaintenance: Investing in preventative measures like regular inspections and sealing entry points can save you money down the road by preventing larger infestations.
• Negotiate with Tenants: Clearly outline the responsibilities of both landlord and tenant regarding pest control in your lease agreement. This can help avoid disputes about who pays for treatment in certain situations.
• Compare Quotes: If you decide to hire a professional, obtain quotes from several reputable pest control companies before making a decision.
Communication and cooperation are key to successful pest control in your rentals. Here are some tips for building a positive partnership with your tenants:
• Include Pest Control Information in the Lease Agreement: Clearly outline the responsibilities of both landlord and tenant regarding pest control in your lease agreement. This should include:
Who is responsible for contacting a pest control professional
The process for reporting pest sightings
Tenant obligations regarding cleanliness and sanitation
Expectations for cooperation during treatment processes
• Provide Preventative Tips: Share preventative tips with your tenants, such as proper food storage, trash disposal, and minimizing clutter. You can offer informative handouts or include this information in your welcome packet.
• Respond Promptly to Concerns: Address tenant concerns about pests quickly and professionally. This demonstrates your commitment to maintaining a habitable environment.
• Regular Communication: Maintain open
communication with your tenants. Encourage them to report any signs of pests immediately, so you can address the issue before it escalates.
By implementing a proactive approach to pest control, you can minimize the disruption and financial burden caused by unwanted guests. Remember, prevention is key. Regular inspections, clear communication with tenants, and a commitment to maintaining a clean and well-maintained property will go a long way in keeping your rentals pest-free and your tenants happy.
Bonus Tip: Consider offering a preventative pest control treatment as part of your move-in process. This can help eliminate any existing pests and provide peace of mind for both you and your tenants.
By following these tips, you can conquer critters and ensure your rental properties remain attractive and enjoyable places to live.
Being a landlord comes with its own set of challenges, but staying informed can make a big difference. Join CTPOA to connect with other landlords, access valuable resources, and stay updated on the latest regulations and best practices. With a supportive network and the right knowledge, you can navigate the world of property management with confidence.
Water is a precious resource, and as a landlord, it's your responsibility to ensure your rentals are using it efficiently. Not only does excessive water usage translate to higher water bills for you or your tenants (depending on your lease agreement), but it can also put a strain on local water supplies. This article dives into the world of water management in rental properties, offering tips to conserve this vital resource and keep your bottom line healthy.
The first step is understanding how much water your rentals typically use. Most water utilities provide detailed billing information that breaks down water consumption. Track your water usage trends over time to identify any sudden spikes that might
indicate a leak. Additionally, some municipalities offer resources for landlords, including average water usage benchmarks for different property types.
Whether tenants pay for water in a rental property depends on several factors, including local regulations and the specific terms of your lease agreement. Here's a breakdown of what to consider:
• Local Regulations: Some municipalities may have regulations regarding who is responsible for water bills in rental properties. Check with your local water utility or tenant association to see if any such regulations exist in your area.
• Lease Agreement: The lease agreement is the primary document outlining the responsibilities of both landlord and tenant. It should explicitly state who is responsible for paying the water bill. If the lease agreement is silent on the issue, local laws will typically prevail.
• Common Practices: In many areas, the following practices are common:
Single-Family Homes: Tenants often pay for water bills in singlefamily homes. This allows them to directly control their water usage and the associated costs.
Multi-Unit Buildings: In apartment buildings or other multi-unit dwellings, the water bill might be included in the rent or billed separately to each unit. The specific approach will vary depending on the landlord's preference and the building's setup (e.g., individual water meters for each unit).
In Connecticut: multi-family properties can only charge tenants for water if they have their own water meter. A water bill can not be divided into segments and billed to the tenants, they must have their own separate water meter if they are to pay for the water usage.
• Always refer to your lease agreement to determine who is responsible for paying the water bill.
• If the lease agreement is unclear, consult with a local attorney or property management professional for clarification.
In some cases, landlords might choose to include water as part of the rent, especially in multi-unit dwellings where individual water usage might be difficult to track.
Leaks are silent water thieves, and even small ones can lead to significant water waste over time. Here's how to identify and address leaks in your rental properties:
• Regular Inspections: Schedule routine inspections of your properties to check for leaky faucets, dripping pipes, and malfunctioning toilets. Pay close attention to areas prone to leaks, such as under sinks and around water heaters.
• Tenant Awareness: Educate your tenants about the importance of water conservation and encourage them to report any suspected leaks promptly. Include information about how to identify leaks in your lease agreement or welcome packet.
• Invest in Leak Detection Technology: Consider installing smart water leak detectors in your rentals. These devices can alert you to potential leaks remotely, allowing you to address the issue before it causes significant damage or water waste.
Empowering Efficiency: Encouraging Water Conservation
Beyond addressing leaks, there are several ways to encourage water conservation in your rentals:
• Install Water-Efficient Fixtures:
Upgrade faucets, showerheads, and toilets to low-flow models. These fixtures use less water while maintaining functionality. In some areas, there might be rebates available for installing waterefficient appliances.
• Provide Tenant Incentives: Consider offering incentives for water conservation. This could involve a discount on rent for tenants who consistently meet water usage benchmarks or providing watersaving shower timers or faucet aerators.
• Communicate Water Conservation
Tips: Share water conservation tips with your tenants. This could include simple measures like taking shorter showers, fixing leaky faucets promptly, and turning off the faucet while brushing teeth.
The Cost of Conservation: A Wise Investment
Investing in water conservation measures might seem like an upfront cost, but the long-term benefits outweigh the initial investment. Here's why:
• Reduced Water Bills: Lower water usage translates to lower water bills for you or your tenants (depending on your lease agreement).
• Tax Incentives: Some municipalities and utility companies offer tax credits or rebates for installing water-efficient appliances.
Environmentally Responsible: By promoting water conservation, you're contributing to a more sustainable future.
a Culture of Conservation
Water conservation is an ongoing process. Stay informed about the latest watersaving technologies and best practices.
Join CTPOA to connect with other landlords, share water-saving tips, and access valuable resources related to property management. Together, we can ensure our rentals use water wisely while creating a more sustainable future.
By implementing these strategies, you can create a culture of water conservation in your rentals. Remember, communication and collaboration are key. Work with your tenants to promote responsible water use and create a win-win situation for everyone involved.
In today's world, eco-consciousness is more important than ever. Landlords are not only responsible for maintaining their properties, but also for being mindful of their environmental impact. Fortunately, there are several ways to incorporate eco-friendly practices into your rental property maintenance routines, benefiting both the environment and your bottom line. This article dives into practical tips for landlords who want to embrace a greener approach to maintaining their rentals.
Building Blocks of Green Maintenance:
• Low-VOC Paints: Volatile organic compounds (VOCs) are harmful chemicals emitted by traditional paints. Opt for low-VOC or VOC-free paints during renovations or repainting projects. These paints offer a
healthier indoor environment for your tenants and reduce your property's environmental footprint.
• Energy-EfficientAppliances: When replacing appliances in your rentals, choose energy-efficient models. Look for Energy Star certified appliances that use less energy, leading to lower utility bills for your tenants and a reduced environmental impact. Consider offering incentives to tenants who choose to use energy-saving settings on appliances like thermostats and washing machines.
• Water-Saving Fixtures: Install low-flow showerheads, faucets, and toilets in your rentals. These fixtures use significantly less water without compromising functionality. Every drop saved adds up, making a positive impact
on water conservation efforts. You can also provide tenants with water-saving shower timers or faucet aerators to further encourage responsible water use.
Beyond the Basics: Expanding Your EcoStrategy
• Sustainable Materials: When making repairs or renovations, consider using sustainable building materials. This could include recycled content lumber, bamboo flooring, or cork countertops. While the initial cost might be slightly higher, these materials are often durable and can enhance the appeal of your rentals to environmentally conscious tenants.
• Natural Lighting: Maximize the use of natural light whenever possible. Encourage tenants to take advantage of natural daylight by keeping windows clean and uncluttered. You can also consider installing skylights in certain areas to bring in more natural light and reduce reliance on artificial lighting.
• Smart Thermostats: Smart thermostats allow for programmable temperature control, leading to more efficient energy use. Tenants can set schedules to adjust temperatures when the unit is unoccupied, reducing energy waste.
A Greener Future for Your Rentals with CTPOA
Implementing eco-friendly maintenance practices is a win-win situation. It
demonstrates your commitment to sustainability, which can attract environmentally conscious tenants. Additionally, these practices can lead to lower utility bills for you or your tenants (depending on your lease agreement) and contribute to a healthier planet for everyone.
Bonus Tip: Partner with local waste disposal companies that offer recycling programs. This allows tenants to easily dispose of recyclable materials and reduces the amount of waste going to landfills.
Join the CTPOA Movement!
CTPOA is dedicated to empowering landlords with the knowledge and resources they need to succeed. We offer a wealth of information on eco-friendly property management practices, along with legal updates, tax tips, and tenant relations guidance. By joining CTPOA, you can become a more informed and sustainable landlord, contributing to a greener future for the rental housing market.
By following these tips and staying informed about emerging eco-friendly technologies, you can become a leader in sustainable property management. Remember, small changes can have a big impact, and every step towards a greener future makes a difference.
Signing a lease is one of the most important steps in renting out a property. This protects you from any financial burden that may occur. If you fail to have a proper lease agreement, you may even end up as far as giving up your rental investment. Thus, as a landlord, you have to protect yourself and your property by having a lease agreement.
Renting has a specified length of time. A lease agreement determines this time as well as the terms of the lease the tenant and the landlords have agreed upon. The lease agreement also helps set who's going to be responsible for certain events and answers many questions during the rental term. It's always a good idea to review the lease agreement with tenants so they won't have to come back to you if they have questions.
The following are just some of the importance of a lease agreement when leasing a property:
Stating the rental fee explicitly will avoid confusion and helps the tenant determine if the property is within the range of their budget or not. It's also good to have a specific time for due dates on rentals, so there will be no delays in payment, and the tenant will have properly prepared their finances for each monthly term.
Repairs of the house may happen. If a lightbulb is busted, usually, it'll be the tenant who'll take care of it. However, for major issues, like broken doors and windows, which is already part of the physical property, it should be specifically stated who'll do the maintenance of major repairs.
Most landlords would be responsible for the functional systems of a rental property, such as plumbing, electricity, heat, and air-conditioning,
but there has to be a process in place in case tenant needs their assistance.
For example, will the tenant take care of these major repairs and have the money paid back by the landlord, or will the landlord be responsible for the repairs themselves? The lease should also include the time frame when the repairs should start.
These terms are important because a tenant cannot live in a house with repair issues. Repairs must be done immediately because it can get uncomfortable living in the property or even dangerous.
Utilities are almost always the responsibility of the tenant. However, there are some lease agreements that include utilities with the monthly rent.
The tenant will have the chance to know which utilities they have to pay for and which ones will get covered with their monthly rent.
It's important to state clearly the utilities that'll be covered. This way, the tenant will know which utility they will have to pay separately for.
The lease term is the length of time a tenant will be staying in a property. This gives them a clear idea that they have to fulfill the contract.
Some lease agreements will state that a
tenant has to stay in a property for two years. Tenants will know if this fits their needs because some tenants will only stay in a place for six months.
Tenants can also encounter personal issues and may have to move out earlier than stipulated in the agreement. In this case, it should be determined what the penalties are and if the tenant will be agreeing to be responsible for it.
A security deposit, or a damage deposit, protect the landlord. This is a deposit that's paid for by the tenant once the lease starts.
Many landlords will ask for this deposit, and it should be made clear to the tenant when the money will be returned to them and under what conditions. Usually, landlords will only return the deposit once they've fully inspected a property and have seen that it's damage free. Some landlords, on the other hand, will only return the deposit if the rental space has already been cleaned thoroughly.
A tenant has responsibilities to the landlord's property, and this should be stipulated. Every action of the tenant affects the property value and insurance of the property.
For example, if the tenant goes on vacation, it should be stated that they should inform the landlord. You may also find that you'll have a
guest or non-tenant stay with you for an extended period of time. The landlord should be informed. If the rental property is unattended, the landlord should know because it can affect insurance policies in case something happens. Tenants also have a responsibility to the upkeep of the rental property, and it's within the landlord's best interests to be immediately informed if there's any damage to the functional system of the house, such as plumbing and electricity. These issues should be repaired quickly because the damage will spread if it's left untouched.
The tenant should know in the lease agreement if they should inform the landlord if any such issues happen.
If a tenant is only going to stay in a property for a short period of time, rent increases won't be an issue. But, renting for a longer period of time can increase the price of the rent.
The lease agreement should specify the percentage which the rent will rise.
Some tenants will have pets, and it's important for a landlord to state explicitly which kinds of pets are allowed in the property. For example, can a tenant keep large breeds of dogs? If possible, the lease agreement should state the type of breeds allowed.
Pets affect the property due to the noise, smell, and mess they make. Pets also potentially bring in allergies, so a landlord should have a stipulation for pets because it affects the living conditions of the other tenants as well as the cleanliness of the property.
A property is an investment, and you want to make your property earn money for you. However, renting a property can cause you to lose money if you have tenants that are not aware of lease agreements and do things that are counter to it.
It's important to review the lease agreement with them, so there should be a clear expectation for each party.
Brookfield – Adrianne Angel, a local leader in the residential property management field, has just been awarded the prestigious MPM® (Master Property Manager) designation from the National Association of Residential Property Managers (NARPM®). This prestigious designation is held by fewer than 209 property managers nationwide and is reflective of the professional commitment made to the industry by Adrianne Angel.
“Receiving my MPM® designation was one of the proudest moments in
my professional career,” said Adrianne Angel, Broker/Owner of Pro Property Management. The professional designation is awarded to property managers who have completed the highest levels of achievement, including advanced course requirements, service to the NARPM® organization, and service to the real estate industry. A detailed examination of the applicant as well as letters of recommendation from clients is required to complete the certification requirements.
This important designation is one Adrianne should be very proud of and reinforces the expertise they maintain within the property management field.
The National Association of Residential Property Managers (NARPM®), founded in October 1988, provides a permanent trade organization for the residential property management industry. NARPM® continues to be the premier professional association of residential property managers, currently representing over 4,000 members comprised of real estate agents, brokers, managers and their employees. Their mission is to support the professional and ethical practices of rental home management through networking, education and designation. The Association administers several designation programs including the Residential Management Professional (RMP®), the Master
Certified Residential Management are currently operating in major metropolitan areas, and many more are in the formative stages. For information, call NARPM® National at 800-7823452 or visit www.narpm.org.
Phone: (203) 909-6333
Website: Click here!
Finding reliable tenants in Connecticut's competitive rental market can be tough. You wear your "landlord hat" proudly, ready to provide quality housing, but sorting through applications can feel like sifting through pebbles for buried treasure. Worry not, fellow property owners, for a reliable tenant screening process awaits!
Connecticut's Unique Screening Landscape:
Before diving in, remember Connecticut's fair housing laws. While you want great tenants, discriminating based on protected classes like race, religion, or disability is a big no-no. Stick to objective criteria relevant to tenancy.
Building Your Screening Arsenal:
1. Application fees: As of October 1, 2023, Connecticut caps these at $50. Be upfront about non-refundable fees and what's included (e.g., credit checks).
2. Credit Checks: Assess financial responsibility. TenantTracks offers comprehensive credit reports that go beyond just scores, giving you a deeper understanding of payment history, debt-toincome ratio, and potential red flags.
3. Rental History Verifications: Confirm past tenancy details, rent payment records, and any eviction history. TenantTracks receives verifications directly from landlords and court houses, ensuring accuracy and avoiding self-reported misinformation.
4. Background Checks: Check for criminal records, especially those related to property damage, violence, or drug use. TenantTracks' customized search options let you tailor the check to your specific concerns.
5. Income Verification: Verify income and employment to ensure tenants can afford rent. Paystubs, W-2s, and bank statements
6. References: Contact previous landlords and employers for personal insights into the applicant's behavior and responsibilities.
Go beyond the standard checks and consider:
• Interviewing Applicants: Get a feel for their personality, communication skills, and overall compatibility with your property and existing tenants.
• Following Up: If something seems off, like inconsistent information or missing documents, don't hesitate to ask for clarification.
TenantTracks: Your Screening Sidekick:
Why go it alone? TenantTracks streamlines and strengthens your screening process.
Imagine:
• One-stop platform: Access credit checks, rental verifications, background checks, income verifications, and more –all in one convenient location.
• Faster turnarounds: Get reports quickly, so you can make informed decisions and fill vacancies sooner.
• Reduced risk: TenantTracks' rigorous process and accurate reporting help you identify potentially high-risk applicants early on.
• Compliance support: Stay on top of Connecticut's fair housing laws with TenantTracks' resources and guidance.
By diligently screening applicants and using tools like TenantTracks, you can confidently choose responsible tenants who will respect your property and contribute to a harmonious rental community. Remember, fair, thorough, and efficient screening builds a solid foundation for successful landlordtenant relationships, allowing you to focus on what you do best – providing quality housing in the Constitution State.
Start streamlining your Connecticut tenant screening today and let TenantTracks be your reliable partner in finding the perfect fit!
Next Meeting: June 17th
Time: 5:45 PM - 9:00 PM
Where: Sheraton Hartford
100 Capital Blvd
Rocky Hill, CT 06107
Contact: (860) 265-4414
About: Learn how Hudson and his amazing team went from flipping to developing existing properties into condo developments in 10 short years! His vision and execution will blow your mind and challenge the way you see properties and their potential!
Register here!
Next Meeting: June 18th
Time: 6:00 PM - 8:00 PM
Where: CTREIA
415 Silas Dean Hwy, 304A
Wethersfield, CT 06109
Contact: (860) 265-4414
About: The best time to invest in real estate was 10 years ago. The next best time is RIGHT NOW.
The good news...you don't need to be a billionaire, or even a millionaire, to invest in real estate. CTREIA’s proven Coaching Program will give you the knowledge and tools to become a real estate investor.
Register here!
Next Meeting: June 19th
Time: 6:00 PM - 9:00
Where: Red Fox
218 Smith Street
Middletown, CT 06457
Contact: (860) 538-3672
About: Welcome real professionals and lovers the industry. CTRE PROs will bring together all real estate professionals from the local area into one for the evening. This was organization created by for those who are fully dedicated to continuing exponential growth of estate and the power serve as a means of living.
Register here!
19th PM
Next Meeting: June 20th
Time: 1:00 PM - 2:00 PM
Where: Zoom
Contact: (800) 369-6153
06457 3672 estate lovers of PROs real from one room was an by and fully continuing the real it can living.
About: Have rising interest rates and cutthroat competition got you down? There's a revolutionary way to build wealth in real estate, and it doesn't require a mountain of cash or begging banks for loans.
Join Zach Beach, a renowned international speaker and CEO of Smart Real Estate Coach (a prestigious 3x Inc. 5000 Fastest Growing Company).
Register here!
Next Meeting: June 20th
Time: 6:00 PM - 9:00 PM
Where: Back Nine Tavern
245 Hartford Road New Britain, CT 06053
Contact: (203) 915-3803
About: Join us for the June 2024 NEI Real Estate Investor Meetup with Lewis Brown, Principal and Managing Member of Honeycomb Real Estate. Specializing in affordable housing, Lewis will provide an in-depth look at groundup development and redevelopment of multifamily properties.
Register here!
Next Meeting: June 25th
Time: 6:30 PM - 9:30 PM
Where: Pinstripes
100 N Water Suite 3300
Norwalk, CT 06854
Contact: (203) 450-9190
About: We're thrilled to extend an invitation to you, your friends, and family for our upcoming real estate networking event. This is a unique opportunity for anyone passionate about the real estate sector –from beginners to experts –to connect, learn, and grow.
Our gathering is the ideal spot for real estate investors, money lenders, insurance professionals, wholesalers, rehabbers, house hackers, flippers, and anyone interested in the world of real estate.
Register here!
Venoal M. Fountain, Jr., Partner at Hirsch, Levy & Fountain, LLC
Pro Property Management
The Law Office of Yona Gregory
Ranciato Public Adjusters Group, LLC
TenantTracks
Tammy Enquist Canfield: Comparion Insurance Agency
ServiceMaster Restore by Recovery Solution
Phone: (203) 336-3144
Website: Click here!
Attorney / Evictions (Professional Services)
Eversource Energy
Phone: (203) 909-6333
Website: Click here! Property Management Services (Professional Services)
Phone: (860) 443-9662
Website: Click here!
Attorney / Evictions (Professional Services)
Phone: (888) 298-9014
Website: Click here! Public Adjuster (Professional Services)
Phone: (888) 610-4710
Website: Click here!
Tenant Screening (Professional Services)
Phone: (203) 695-3893
Website: Click here! Insurance (Professional Services)
Phone: (860) 735-4704
Website: Click here! Restoration (Maintenance & Tradesmen)
Phone: (800) 592-2000
Website: Click here!
Energy Efficiency Provider (Suppliers & Wholesalers)
The Guarantors
Phone: (720) 706-8902
Website: Click here! Rental Insurance (Professional Services)
Premier Real Estate Investment Group
Phone: (860) 335-0681 Real Estate Multi-Family (Professional Services)
Joseph V Scorese: Nationwide Direct Private Lender
Ironclad Property Management
Pet Screening
Dana M Guiliano
Phone: (215) 290-5108
Website: Click here! Mortgages & Loans (Professional Services)
Phone: (860) 956-6825
Website: Click here! Property Management Services (Professional Services)
Website: Click here! Tenant Screening (Professional Services)
Phone: (203) 419-5857 Attorney / Evictions (Professional Services)
Landlord Collection Agency
Junk Bear
Reckmeyer & Reckmeyer, Law
Dawn Cabral, Broker/ Owner, GRI, SRES at West View Properties LLC
Phone: (800) 369-6153
Website: Click here! Collection Agency (Professional Services)
Phone: (860) 378-2801
Website: Click here! Rubbish & Hauling (Maintenance & Tradesmen)
Phone: (860) 333-5677
Website: Click here! Attorney / Evictions (Professional Services)
Phone: (203) 228-7564
Website: Click here! Real Estate Residential (Professional Services)
Jeff
Zappone, Loan Officer at CrossCountry MortgageCirca Rent Collection
Phone: (203) 592-3602
Website: Click here! Mortgages & Loans (Professional Services)
Website: Click here! Rent Collection (Professional Services)
Let the Connecticut Property Owners Alliance help promote your business to the Real Estate and Property Owner community through our Vendor Affiliate Member Program!
Your company will be listed in our priority vendor database for all CTPOA members. Our events will allow you to display your promotional materials on our vendor tables, interaction with prospective customers and grow your presence on social media. CTPOA makes it easy for you to gain more customers without spending valuable time searching for them.
To sign up to be a CTPOA Vendor, click here!
https://ctpoa.com/
Follow CTPOA: https://www.facebook.com/CTPOA/
The Connecticut Property Owners Alliance is composed of experienced property managers, realtors and landlords working together to improve the business conditions for rental property owners. The Alliance saves its members money on essential real estate services, reviews and testifies on pending legislation & law changes and offers its members workshops and meetings on topics that impact landlords.
The Alliance strives to ensure your success in real estate by:
• Saving you money on essential real estate services
• Informing you of law changes impacting your business
• Providing workshops and meetings to help you become a better educated and prosperous rental property owner.