After investing some of your hard-earned money into rental properties, one may find themselves in a bind upon realizing that it is difficult to maintain the property and keep it occupied to ensure you get a return from your investment consistently. A property manager can help collect rent, schedule and
Maintaining a rental property can be hard work. Keeping up with inspections, maintenance, evictions, and lease renewals, feeling like you’re caught up on everything may seem like light-years away. Hiring a property manager or management will help you sleep at night while your money continues to flow.
Though property sales have seen an increase, the prices these properties are going for aren’t as high as many sellers would like to see. For those times when you’re watching the “For Sale” sign on your lawn get faded by sun and rain, considering a different route in regards to
Every landlord has one goal in common: the best tenant. It’s an ambitious goal. Finding tenants that respect the rented space, pay dues on time, and are easy to communicate with are all things we can hope for and find. But the key to a better tenant is to be
It can cost you significant time and money to attract and keep ideal tenants, but it’s far more costly to remove ones that are less than exemplary. Instead of waiting for a lease to end only to find you need to make costly repairs to your property before a new
A major responsibility that a landlord is legally required to fulfill is creating a habitable living space. This is legally enforced by a tenant’s “warranty of habitability.” The details of what makes a living environment habitable depend on what state you are in. In general, though, here are some key
If you’re considering moving into a home that has an HOA(Homeowners Association), you probably have a few questions. The quality of the HOA that you are moving into will vary depending on where you are moving, as no two HOAs are the same. Before making a decision to move into
“Section 8 Housing” is the phrase often used to refer to the Housing Choice Voucher Program, a federal program enacted to help low-income families better integrate into the public housing market. We’ve found that many landlords are hesitant to dive into the world of low-income housing, wary of coming across
No one wants to be that annoying renter or neighbor. You don’t want to be a nuisance, and often, when you are that tenant, it’s unbeknownst to you. It’s rarely intentional, and so it’s easy to not notice that you’re being annoying, bothersome, or inefficient. Especially if you’re a first
When you live in a rental unit, it can be hard to make the space feel like your own. You want to feel comfortable, and make it feel like home. But you also don’t want to sacrifice your deposit by painting the walls or drilling a bunch of holes into
Over 50% of potential tenants that want to move into your rental property, will have a pet. This means that if you don’t allow tenants who own pets to rent from you, you’re shutting out the majority of your potential tenant opportunities. If you’ve had a hard time filling vacancies,
The majority of your future clientele consists of millenials. There are changes and trends that come with every new generation, and as you clientele begins to change as the generations get older, you need to learn and develop new skills and tactics to market your properties more efficiently.
