In a perfect world, every property owner would have the perfect tenants that pay rent on time and leave your property undamaged but this doesn’t always happen. At first, a prospective tenant might seem like the ideal candidate but once they’ve moved in and are settled, can prove otherwise. To help avoid any issues, thoroughly …
Having a property for rent is an excellent source of passive income. Nonetheless, it’s not all rainbows and butterflies. Having a property that you’re not living in makes it a lot harder to control. This means that you need to check in on it as much as possible. Running into problems like having mold can …
How to Get Rid of Mold in Your Rental: Remediation for Landlords Read More »
Congress passed a $900 Billion COVID-19 aid bill, that although subject to change, will bring economic relief to millions of Americans. This relief package provides additional financial support and more direct payments to business owners, individuals, resources for vaccination, and much needed rental assistance. One of the biggest wins that came from the passing of …
Relief Package Includes Rental Assistance for Tenants and Landlords Read More »
If you’re a property owner, you already know how managing a rental property can be financially rewarding, but you also know it requires significant commitments. Personally managing your rental property may initially seem like saving money, but it’s not that simple. A hands-on, “do it yourself” approach is suitable for handy people, but… Do you …
6 Reasons to Hire a Professional Property Manager Read More »
If you are a landlord or a property manager, you must build a successful business relationship with your tenants based on trust. The right way to achieve this goal is to have open and effective communication. Finding perfect tenants is not easy, but building a good relationship with them is up to both sides. When …
Tips On Effective Communication With Your Tenants Read More »
Say you find yourself in a position where your tenant has left the property and find that they have left some of their belongings behind. You need to know that there is a procedure that needs to be followed to either return or dispose of their belongings. You need to know what the laws in …
What to Do When a Tenant Leaves Their Stuff Behind Read More »
With the upcoming expiration of the Eviction Moratorium vastly approaching on October 17th, you may want to think before being too quick to evict! Governor Baker and administration announced a new $171 million initiative, named the Eviction Diversion Initiative, that will help keep people safely housed after the current Eviction Moratorium expires on October 17th. …
Governor Baker Announces the Eviction Diversion Initiative Read More »
As any experienced landlord can tell you, maintaining properties is not an easy job. You need to know how to address various issues and coordinate with people that are not always willing to communicate. This is why you need to know how to approach prioritizing maintenance requests. To help you understand why doing so is …
When deciding to hire a property management company to manage your property and tenants, informing your tenants of this change is important for ensuring a smooth transition. The best way to inform your tenants of this new management is via a letter. This will help introduce the company, provide more information, and give your tenants …
Real estate is always a smart investment. It follows, then, that having multiple properties is even smarter. Owning and renting multiple properties increases your income and gives you a certain level of security – even if there are issues with one of your properties, you’ll still have others to fall back on. You may think that managing multiple …
