Skip Navigation Links

  Things for Landlords To Do During the Holidays -Click Here for More Articles-   

Holiday to do list for landlords,

The holidays are the perfect time to get ready for the New Year or to reflect on the past year. This is the time we set goals or take stock of old activities. The following list is for individuals as well as business managers.

· If you are employed, ask your employer to move your year end bonus to next year if it saves you from going to a higher tax bracket.
· Bring your accounting up to date and determine how your business did for the year.
· Check your credit rating and address any suspicious activity.
· Tell your tenants that you appreciate them and value their business by sending a card, making a phone call or sending an email
· Contribute the maximum to your retirement accounts.
· Try to bring down debt by paying off loans and reducing spending.
· Fill out your Tenant Report cards on tenants who have left your property.
· Take inventory and evaluate all your investments.
· Inspect your property from top to bottom and from inside out. See for yourself the true conditions. Review and assess your maintenance schedule.
· Acquire all social security numbers and addresses of all independent contractors and professionals for your 1099 tax forms.
· Write your business and marketing plan. Remember the old saying, “If you fail to plan, you plan to fail.”
· Report bad debts to the credit agencies or directly to the big three credit bureaus and make a concerted effort to recover you money.
· Make a pinecone bird feeder by mixing oats, sunflower seeds, honey, chopped up nuts and birdseed with vegetable shortening. Roll some pinecones on the mixture, dry and string from a tree on you property.
· Clean your office, dust the books and throw out the old magazines.
· Balance your checkbook.
· Vacuum and dust out you computers and electronic equipment. Dust and dirt buildup can damage your equipment by causing excessive heat buildup.
· Set the New Year’s goals and objectives in writing.
1. Don’t overwhelm yourself with firm time commitments that cause you to give up when you have not achieved the first few months’ goals as planned
2. Goals are often achieved during down periods of the year. Make it a highlight to review your goals daily try to cross off just one goal a week.
3. Keep redefining and adjusting your goals weekly.
4- Change the air filter for your HVAC, clean your refrigerator coils, check toilets water levels. Do things in your community that can reduce your future maintenance cost.


  PRESS RELEASES:  Landlord2Landlord Introduces Member Rewards PRIVACY STATEMENT | CONTACT US 
About L2L
L2L Press Releases
L2L Affiliations
Success Stories
Tenant Screening
Pre-Employment Screening
Collection Services
Tenant Report Cards
Bureau Debt Reporting
In-House Processing
Credit Reports
Criminal Reports
Criminal Records Statistics
Courthouse Records
Courthouse Records Statistics
Credit Decisioning Services
Decisioning Benefits
Decisioning Features
L2L Membership
Why L2L
Small Apartment Owners
Large Apartment Owners
National/Regional Companies
Operating From Residence
Property Mgmt. Companies
Security Requirements
Business Requirements
Join Us
News & Resources
FCRA Compliance
For Employers
Fair Credit Reporting Act
Fair Credit Collections Act
FCRA Obligations
Consumer Credit Rights
Consumer Credit FAQs
Fixing Your Credit
Sharing Your Information
Consumer Fair Credit Probe
Credit Abuse Liability
Fair Credit Information Act
Tenant Screening
Rental Application Screening
Rental Eviction History
Credit Reporting
Reduce Property Damage
Recover Uncollected Rent
Bad Debts to Credit Bureaus
End Renter Fraud
Renter Qualifications Report
Criminal Background Checks
Credit Information
Rental Property Risk Management
Landlord Services
Employment Verification