Expert Tenant Screening Tips for Finding Quality Residents
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[…]
3 Questions to Ask Yourself before Signing an Apartment Lease
Many potential renters are eager to sign an apartment lease as soon as they possibly can—but is that always the right decision? In fact, there are lots of important factors and details that you should review before signing your name on the dotted line. With a little due diligence, you may end up saving yourself some hard-earned money and time.
How to Approach and Win your Next Lease Renewal Negotiation
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[…]
Smart Ways for Landlords to Deal with and Avoid Bad Tenants
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[…]
How to Run a Rental Property that Turns a Profit
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[…]
Rental Scams: The Tell-Tale Signs to Look out for and Avoid
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[…]
The Merits of Becoming a Landlord
With rent prices peaking and the value of homes quickly rising, there has never been a more lucrative time to become a landlord. To many people, owning a rental property might seem like a prime opportunity for a steady income. However, there are plenty of other responsibilities and expenses that factor into the equation. If you’re interested in[…]
Easy Ways to Cut Expenses when Owning Rental Property
Owning rental property is usually a sound financial investment. Besides all the money you’ll save by becoming your own landlord, there are still costs and expenses that people never even think of when they take on this responsibility. But if you have the right knowledge to make informed financial decisions, it won’t be difficult to yield a[…]
