Taking a security deposit is a no-brainer in the land of rental real estate. Sadly, property damage is an inevitable part of life for landlords and property managers. Security deposits protect the owner or manager if the tenant fails to follow the lease agreement. There are rules for how a security deposit can be used …
When an individual first dips their toes into the world of investment properties, they tend to start close to home and with good reason. But as a landlord acquires new properties, branching out of the area and into new ones can bring new opportunities. For some, it’s a chance to purchase a property in an area …
How Hiring a Property Manager Makes Owning Out-of-Town Real Estate EasierRead More »
“Massachusetts is a great state for tenants, but not necessarily for landlords.” Owning an investment property comes with pros and cons. We all are interested in making extra income, but at what price and to what extent? We interviewed some landlords to weigh in on how they really felt about their job (essentially a second …
Condo Fees and HOA Fees are confusing to most people. Some of them don’t know what these fees are, while others think they are the same thing. Because of this, we’ve created a guide to clear up this confusion. Keep reading and you’ll learn about the differences between a condo fee & an HOA fee. …
In a perfect world, tenants would inform their tenants when issues first occur but that’s not always the case. By performing regular property inspections, you’ll be able to catch these issues and make any repairs before they turn into major problems, saving you time and money. If you’re used to only carrying out property inspections …
Tips for Handling Property Inspections for Tenant-Occupied UnitsRead More »
Tis’ the season for taxes! Did you know that as a property owner you can write off most of your expenses!? Check out our list of these 5 tax deductions: 1. ! Not just on your mortgage, but on company credit cards, loans used for your property and lines of credit. 2. You are able …
Property Owners, Don’t Miss these 5 Tax Write-OffsRead More »
There is no magic equation for being a successful landlord but by picking up a few habits and staying professional, being a landlord will be that much easier. If you’re ready to maximize your profits, here are five habits to pick up! 1. Be proactive about regular maintenance & communication Staying on top of regular …
Did you find the perfect apartment to rent? Filling out the application improperly can result in delaying the process or possibly losing out on the rental. Make sure you are filling the form out in its entirety and correctly. However, the application isn’t the only thing that landlords or property owners require. They will also …
Did Your Rental Application Get Denied? Here are 5 Reasons Why This May Have HappenedRead More »
Landlords wear a lot of hats from property owner to marketing expert and repair man. This work adds up quickly and can be difficult to balance and find time for other important tasks. As a landlord, we know that if there was a better way to manage it all, you would take it. Where does …
It happens all too often – a tenant notices an issue with their apartment, whether it’s a small leak, an issue with a door or window not closing properly, or the garbage disposal suddenly not working. As a property owner and landlord, it’s quick and easy to make these repairs before they turn into a …
Tips for Finding Out About a Problem Before it’s a Big OneRead More »
