Thinking of purchasing an income property? Or do you have a vacancy and are curious about what potential tenants are going to ask? Tenants will always have questions before deciding to sign a lease. We break down six of the most common questions asked so that landlords can be prepared with the right information. 1. …
Obtaining a security deposit is common in the rental real estate field. Sadly, property damage is an unavoidable 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 and the …
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. …
A security deposit is that which you pay upfront in the event that there are any damages or negligence committed towards a rental unit. This is a way for the Landlord to protect their property. With that being said most people expect to receive their deposits back when their lease is up and they move …
Wondering If You’ll Receive Your Security Deposit Back? Read More »
Whether it’s tenant turnover or your first time renting out your property, this is an opportunity to get your rental cleaned up and ready for your soon-to-be tenants! There are many tasks that can be done to get your place ready. Some may be a little bit costlier than others. Check out these tips: 1. …
“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 …
Owning an income property is an exciting opportunity but just like everything else, things don’t always go as planned. Some years you might have amazing tenants that pay their rent on time and abide by the terms outlined in their lease, but other times you might have a tenant that never pays rent on time, …
Most landlords take on the role of being a property manager by themselves or with the help of an employee. Overtime, when additional properties are purchased and things get busy, landlords need more help managing each property as well as their tenants. When this happens, a property management company can be a huge asset. What Does a …
When Should a Landlord Hire a Property Management Company? Read More »
