Maintenance repairs present an inconvenience for both landlords and tenants. As such, preventative maintenance tasks are essential to preventing costly and frustrating repairs. But when it comes to the lease, who is responsible for what? Not clearly outlining tenant responsibilities for maintenance from the start can lead to disputes and even more headaches than the […]
Author Archives: Alyssa Adams
28
Jul
Jul
So many opinions on how to be a successful real estate investor can be overwhelming to new owners. In 2021, investors looking to diversify their current portfolio or take advantage of passive income opportunities turn to real estate. Thanks to developing technology and professional management firms, it is now easier than ever to efficiently manage […]
26
Jul
Jul
Many uncertainties accompany rental property ownership. However, one thing is for certain, maintenance and repairs are inevitable. Unfortunately, a common mistake for new landlords is underestimating potential maintenance costs and not preparing for the worst. While avoiding many disastrous repairs involves preventive action, it is always a good idea to set aside more emergency funds […]
23
Jul
Jul
Maintenance and repairs are some of the biggest expenses for rental property owners. However, learning how to complete simple DIY repairs and knowing when to call experts is important to managing costs. For example, unclogging a toilet could be an easy DIY fix, but hiring a professional plumber can run anywhere from $150 to $700! […]
22
Jul
Jul
A rental property is only successful if a paying tenant occupies it consistently. Therefore, effective rental property marketing, along with thorough tenant screening, is vital. After all, every unoccupied day chips away at an owner’s overall profits. So, learning how to prepare for and manage vacancies should be a priority for landlords. Continue reading below […]
20
Jul
Jul
Upwards of 70% of today’s renters own a pet, yet finding accommodating housing can prove challenging. For landlords, accepting pets comes with some inherent risk, yet not accepting them severely limits the pool of prospects. That said, allowing pets requires landlords to create strict policies and require extra fees to help protect your valuable investment […]
19
Jul
Jul
For many reasons, living close to your rental investment property may not be possible. While living close by does make things easier, being a long-distance landlord can work if you are prepared. Modern technology and services allow investors to purchase property anywhere to get the most out of their portfolios. Join us below as we […]
16
Jul
Jul
Kitchens are more than just the heart of a home; for rental properties, they are a huge selling point. That said, if your rental has an unstylish kitchen showing its age, you may wonder if it is holding your property back from its full profit potential. Unfortunately, full-scale kitchen renovations can set landlords back tens […]
14
Jul
Jul
As a landlord, success often hinges on receiving timely and complete rental payments. Therefore, creating comprehensive rent payment policies will help streamline operations and ensure you have the best chance of receiving all payments due. So, join us below to review how to create rent payment policies and some software options to make a landlord’s […]
12
Jul
Jul
The Center for Disease Control and Prevention (CDC) once again extended the national ban on evictions. What was supposed to expire on June 30th has now been pushed to July 31, 2021. In a statement made June 24th, the CDC said that this was intended to be the final extension of the orders meant to […]