When you sign a lease, the two main parties are you and the landlord, with each assigned specific rights and responsibilities. However, no matter where you go or what kind of properties you pursue, tenants’ rights are universal. So, if you’re looking to sign a lease anytime soon, here are some general rules, regulations and protections that you should be aware of.
If you’ve ever spent time searching for a new place to live, then you know that the struggle is real out there. With so many buildings and neighborhoods to choose from, it can be difficult to find a rental property that has the right mixture of location, functionality and affordability. Before you undertake your next apartment search, consult some of these useful tips and tricks.
When you live in an apartment or rental space, you only have a certain amount of room for decorating, so you better make it count! To help start your remodeling off on the right foot, consult these helpful apartment decorating tips for beginners.
Without any prior experience, managing an investment property will not come easy. Since there are certain laws and practices that you might be unfamiliar with, one wrong move can bring about serious legal and financial problems. However, when you hire a property management company to oversee your real estate, you can rest easy knowing that these problems are being taken care of by a professional.
When you have a solid tenant, you never have to worry that your property is being damaged or that the rent isn’t going to be paid on time. The same cannot be said about an unruly renter. Not only could they jeopardize the condition of your investment property, they might also bother other people living in the building. To ensure that you always find the right occupants for your units, utilize these handy tenant screening tips.
As the owner and landlord of a multifamily home, there are several important responsibilities that you must take care of on a daily basis. Otherwise, if these concerns are not addressed in a timely manner, the condition of your property will gradually diminish, tenants will move out and you’ll lose business. To help ensure that you avoid this nightmare scenario, try practicing these proven tips.
As your lease comes to an end, you must decide whether or not you’re going to renew for a longer period of time. If you’re like most renters, that decision will depend on a multitude of factors. In the case that a monthly rent increase is out of your means, you should not have to abandon an apartment or home that you love just like that. You must first learn how to approach your next lease renewal negotiation like a professional!
As a landlord, you’re regularly required to deal with tenants. Most of the time, they’re respectful, pay their rent on-time and cause minimal disruption, but not always. In some cases, you will have flat out bad tenants that are having a negative effect on your property and the other renters. This may seem like a nightmare situation, but there are certainly some steps you can take to fix and even prevent it altogether.
Real estate investments are a tricky business. While they might eventually reap profits, it often takes years for their value to appreciate and for the owner to receive a significant return-on-investment. In the meantime, some owners have created a cash flow by renting out space in their properties to qualified tenants and collecting rent. Whether its commercial or residential real estate, savvy landlords can turn insane profits if they can successful manage their rental property and address tenants’ needs.
Trying to find the right rental property can often become a stressful, difficult and time-consuming process. Sometimes, the overwhelming desire to find the best property will cloud your judgment and prevent you from realizing that you’re getting ripped off in the form of rental scams. Therefore, here are a few obvious signs that a rental property may not be as legitimate as it seems.