Do you ever think of renting out a place that has furnishings in it? If so, welcome to our in-depth guide, where we discuss how crucial lease agreements are for safeguarding your assets and facilitating a smooth leasing process. Offering furnished rentals can have a lot of advantages, like increased income potential and a wider […]
Rents typically increase during recessions when households are priced out of the market and the industry becomes more competitive. However, it is not always the case. Large multifamily properties experienced a steep 4.1% rent decline in 2009 due to the 2008 economic crisis, while vacancy rates reached a record 10.6%. The Great Recession affected the […]
One of the primary responsibilities of a landlord is making repairs to sustain habitable conditions on their rental property. However, that isn’t a sustainable real estate business strategy and isn’t a universal law. Under certain circumstances, your renter might be liable for repair costs, and you can legally enforce those rights as a landlord. Do […]
Maybe you have a second home you want to rent out for whatever reason: getting extra income, supporting family, or funding some sweet retirement plans. Whatever your motive is, getting in new tenants, or perhaps tenants for the first time, can be a daunting process, even with software for contract management and other tools available […]
Looking for the list of tenant screening services for landlords? You’re at the right place! In this article, we’ll list five top credit and background check services that you should use in 2022. Also, we’ll go through a quick explanation of what makes a great screening service. But first, let us start with a quick […]
The pandemic’s effects on the real estate industry are still potent. Though specific sectors in commercial real estate are recovering and looking to thrive in 2022, others are still struggling without an optimistic outlook. Are you thinking of investing in commercial property in 2022? Read on to learn which commercial property sectors will make a […]
The inflation rate has been at its highest since the 1980s. The Covid-19 pandemic has left the economy in a tough state, which only seems to worsen so far. The real estate industry grapples with the rising cost of debt. Loan rates with 3% quotations are now in the high 4%. The impact of rising […]
Which is more important for a landlord: making a profit at all times or finding the right tenant? As you probably know from experience, these two things are deeply connected. There is one easy way to solve the dilemma of finding a perfect renter who’ll dutifully pay you rent in full and on time. And […]
Steel or fiberglass are two popular choices among landlords and property managers when opting for new energy-efficient and appealing doors to boost the home’s market value. They each have their advantages and disadvantages, so it’s essential to understand which exterior doors work best for you before purchasing new units. Fiberglass doors are typically more energy-efficient due to […]
The average return for commercial real estate investments is 9.5%. To ensure that you get the most from your commercial real estate investments, you need to ensure that your property management processes are seamless. So, how can you improve all your management processes to maximize your revenue? Read on for six tips for commercial landlords, […]
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