There are perks to having a small rental unit – you have a larger pool of those that can afford it and it means less maintenance and cleaning for your tenant(s). It seems as though now a days, especially with millennials, they prefer location over the size of an apartment, which means they won’t be …
Finally, you have scored your dream property and you were able to rent it. Your dream can very easily turn into a nightmare if you are not able to have a good relationship with your landlord. The last thing you want as a tenant is to be at odds with your landlord. Not getting along …
Rental property is a great passive investment: Who wouldn’t want an additional stream of revenue coming in every month? However, when a tenant moves out, especially if abruptly, landlords can experience a sudden reduction of the flow of income. Prolonged vacancies are a significant opportunity cost and can be even more expensive if the landlord …
How to Avoid Loss of Income When a Tenant Moves Out Read More »
And now they are calling you at 1:00 in the morning! Not all tenants are created equal And this one specifically is giving you a hard time. The first time he lost his keys – locking himself out of the apartment – you brought him the spare copy as quickly as you could, and you …
The rental market is going strong, especially with a majority of tenants renting longer before purchasing a house than ever before. And thanks to this new trend, tenants know exactly what they want in a rental and are willing to pay more if it means living in a unit that has premium amenities and upgrades …
The Amenities Renters are Willing to Pay More For Read More »
Tenants, your landlord should be staying ahead of the winter maintenance of your rental, but you are still responsible for keeping up with some important maintenance tips during the cold weather season to keep you warm and safe. When temperatures plummet, the risk of your pipes freezing increases drastically. Frozen pipes create nothing but problems …
Real estate investments are always a good idea. No matter the current market situation, or trends. People will always need a roof over their heads, and that is the main reason why upgrading your property is never a bad thing to consider doing. It doesn’t matter if you are planning on putting your house up …
Winter is approaching a lot faster than we all want. It is imperative for landlords to prepare their rentals for the cold weather season. Get pre-winter ready with this maintenance checklist. First things first, check your heating system! You want to get an inspection of your heating system. Make sure your boiler, furnace or air …
Tenant turnover in rental properties is not only a cash flow killer, but unfortunately unavoidable. Unless there are certain circumstances, such as, if your tenants are moving because of a job, there are ways to reduce the amount and frequency of vacancies within your rental properties. Follow these tips to attract long-term tenants and avoid …
When you’re renting out homes, no matter what you do, avoiding confrontations with your tenants altogether is practically impossible. One way or another, sooner or later, there will come a time when you have a problem with your tenants or they have a problem with you. Luckily, there are usually ways to handle disputes with …
