Owning a property is a great way to earn additional income. If you own a rental, the major source of your income is generated by your tenants. As a landlord, your goal is therefore to retain quality tenants. So it’s crucial to provide outstanding services and...
When a property is used on a daily basis, its physical condition will experience gradual deterioration. This is commonly known as normal wear and tear. This refers to the reasonable damage to a property as a result of normal, everyday use. When tenants live on the...
When listing your property, you must prepare a lot of things from the photos to use in advertising as well as set the right pricing. Rent should be set appropriately for you to generate revenue and easily compete with the other rentals around the neighborhood....
Investing in rental properties requires you to handle a lot of paperwork. After choosing the perfect tenant, it’s essential that both parties have an understanding of their corresponding responsibilities and expectations in terms of renting the space. If you want to...
Routine maintenance is needed to keep your rental properties in pristine condition and helps you maintain long-term tenants. Familiarizing yourself with the landlord-tenant law will help you understand your responsibilities as the owner. You also need to be aware of...
Reducing vacancy rates, not having to worry about regular property upkeep, and having a consistent flow of income are just some of the advantages of having long-term tenants. When you find a tenant who pays rent consistently, abides by the terms of the lease, and...
