A large expense for many landlords is tenant turnover. Not only do you have to deal with lost rent, but also maintenance, repairs, cleaning costs, and advertising; and these will continue until you fill the vacancy. Although it’s important to get a new tenant quickly,...
No one likes to find pests in their home. Whether it’s spiders, scorpions, rodents, insects, or any other creature, they invade a space, disrupt tenants, and decrease the value of your property. They can also cost your property a lot in damages if you don’t fix the...
The lease agreement is often the most important piece of paper throughout the entire rental process. It is essential to include many aspects in your lease agreement to ensure that you can hold tenants legally responsible for following the agreement. Though you may be...
So you’ve decided to turn your primary residence into a rental property. Maybe you just bought another house and can’t get a fair price for the old one. Maybe you need the extra income. Whatever the reason, it can be hard to know where to start and what steps to take...
Every day your rental property is vacant, you’re losing potential rental income. The best way to attract new tenants is to make sure your property maintains a new, clean look. Here are a few ways to help your property stand out. Curb Appeal First impressions can make...
Vacancies in your rental properties can be incredibly expensive. For one thing, you will need to pay for cleaning and potential repairs between tenants. For another, you will lose the income that monthly rent provides. In addition to the unit not making money, it will...