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What Landlords Should Know About Move-out Letters
Handling paperwork can be daunting for landlords. However, it’s one of the most important responsibilities you have. A very helpful document to have on hand is a move-out letter. A move-out letter notifies your tenant of your expectations when they come to the end of...
read moreAdding a Property Manager as Additional Insured on the Owner’s Insurance Policy
One of the most important reasons landlords hire a property manager is to help limit exposure to and manage the inherent risk of owning rental property. Often, questions arise as to why it’s important to add the property manager as Additional Insured on the...
read more6 Best Ways for Retaining a Tenant
Do you own rental property and need ways to retain good tenants? Retaining tenants can be a challenge but with the right strategies, you can create a successful rental property business. High tenant turnover can be costly. What’s more, as a landlord, you’ll be...
read moreRental Property Marketing Mistakes
The reason you have spent the time, energy, and money in acquiring the rental property is to enjoy a passive rental income for many months to come. To meet that goal, you must avoid certain common pitfalls. One such pitfall is failing to have a proper marketing...
read moreRental Documents Landlords Need
Getting the paperwork correct when renting out a house for the first time can be a challenge. But the more experience you have with managing your real estate portfolio, the easier it is to understand the documents you need and the ones you don’t. A huge factor in your...
read moreHoldover Tenant
Both parties under the lease agreement – renters and landlords – have certain rights and obligations. A solid lease agreement helps outline important things such as: When, where, and how rent is due Limits of occupancy Maintenance obligations Length of the rental...
read moreEnd of Tenancy Cleaning
When a rental term ends, landlords must return the security deposit of a tenant. However, conflicts can materialize especially concerning the cleanliness of the rental property. What may be defined as reasonably clean for the tenant may not match the expectations of...
read moreWhat Maintenance Issues Are Emergencies and What Can Wait For Regular Business Hours?
Do you find the prospect of dealing with emergency maintenance issues daunting? Learning which maintenance tasks to prioritize is vital! Compared to other industries, managing a property does not stick to regular business hours. You can be called up in the middle of...
read moreTop Tenant Complaints and How to Solve Them
Investing in rental properties can be a lucrative business. However, it also takes a lot of hard work, time, and effort before you can reap the rewards. If you want to be successful in rental property investing, you need to know how to keep your tenants happy. After...
read moreHow to Calculate the ROI on A Property Investment
Due to its potential for value growth through time, real estate is frequently viewed as an ideal investment opportunity. When purchasing an investment property to rent out, you are hoping its value will rise over time and that you’ll gain rental income. Real estate...
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