Ever heard the terms ‘lessee’ and ‘lessor’ and wondered what they actually mean? They both come from leasing; a lease agreement where one person lets another use their property in exchange for payment. For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). Let’s break […]
Renting a home seems straightforward enough on paper. You pay rent and enjoy your space. But sometimes, without even realizing it, you might break a lease rule that could get you in trouble or, worse, evicted. So, what is a lease violation, and how can you avoid making one? In this guide, we’ll break down […]
As a property owner, your investment is a business, and understanding your returns is essential. One key metric to track is your vacancy rate—but how do you calculate it, and what is a good vacancy rate? More importantly, what factors influence it, and how can you avoid common mistakes that many landlords make? In this […]
Finding the right apartment goes beyond just liking the space—it’s about knowing what to expect. Asking the right questions to ask during an apartment tour can give you a clear picture of what living there will be like. In this guide, we’ll share the essential questions you should ask to ensure you’re making the best […]
Are you thinking about investing in a townhome? Townhomes are quickly becoming a hot choice for real estate investors. And it’s easy to see why—they offer the perfect balance between affordability and space, making them appealing to both buyers and renters. So, are townhomes a good investment? What should you consider? And what are the […]
Rent increases are a thorny issue for tenants and landlords alike. Naturally, tenants want to be able to afford their homes without being left to pinch pennies. At the same time, landlords sometimes need to adjust their rate to keep up with rising costs, regulations, and other factors. With that considered, what is a reasonable […]
Pets are great companions, but they don’t always stick to the house rules! They might scratch the walls, leave unbearable smells, or even damage appliances. That’s why landlords often ask for pet deposits—to protect their property in the event Fido goes a little too far. But are pet deposits refundable? Read on to learn more […]
If you’re searching for a place to call home, there are plenty of housing options to choose from. One of these is a triplex. But what exactly is a triplex, and is it the right fit for you? Keep reading to discover what it is, whether it’s ideal for your lifestyle, and what alternatives you […]
Real estate can be a lucrative industry, but it comes with technicalities that require attention. One of the benefits of this option is that you can rent while saving to buy the same apartment. It’s a unique combination of renting and owning the property. But how different is this arrangement? And can a landlord break […]
Have you ever felt like finding an apartment is more about paying fees than actually landing your dream place? The application fee for apartment can seem unfair, especially when it catches you by surprise. But why do landlords charge these fees, and can you get them back? How can you avoid paying too much upfront? […]