From broken windows to socks down the toilet and holes in walls, tenants can cause considerable property damage. Even though it often seems like landlord-tenant laws are stacked in favor of the tenants, as a property owner, you have rights too! Depending on the nature of the damage, a landlord can request the tenant to […]
In today’s real estate market, the competition is so intense you’ll need to have skilled promotional and sales abilities and embrace other intelligent ways to entice potential vendors to stand out and grab your fair share of clients. In that context, the ultimate objective when running a real estate business is to select the appropriate […]
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, […]
Managing a rental property always comes with its challenges. There are many things you have to keep track of, from arranging timely maintenance of the unit to diligent background checks of prospective tenants. And, of course, there is a whole topic of collecting rent payments. What’s the best way to do it? Should you use […]
Landlords need to use all possible tools at their disposal to facilitate the organization and management of their properties. Also, as a landlord, you are responsible for ensuring your tenants’ safety and making your properties a pleasant place to live. According to data on burglary rates, renters fall victim to burglaries more often than homeowners, […]
As a landlord, your main goal is to facilitate a steady stream of rental income. With more and more payment tools in the marketplace, many landlords are becoming more open to accepting credit card payments for rent. Like every other financial decision you make, letting your tenants pay their rent via credit card has both […]
For landlords looking to make a bit more on monthly rent payments, renting out multiplex apartments is a very attractive option. These rental properties offer the unique advantage of containing multiple distinct living units at a lower upfront cost than two separate units, as well as being easier to maintain and manage. Whether you’re a […]
Living in a rented property can be hard on people. Ultimately, it’s another layer of the unknown in a world full of uncertainty. Similarly, any landlord would want to keep good tenants for as long as possible — it saves plenty of money and trouble. Although both tenants and landlords might visit insurance agents to […]
Every year, property managers have to take time to revamp their strategies. From making moves in their personal career growth to making big profits for their clients, there’s a lot of work to be done. What’s more, you have to keep an eye on the changes in the rental industry and be proactive if you […]
Just as landlords have certain expectations from tenants, such as paying rent on time, tenants also have assumptions that a landlord is fully aware of their responsibilities, such as providing a secure and habitable space. While landlords have many duties that go beyond simply collecting rent and performing obligations under the law, they often also […]
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