There are only a few rental properties that are open to pet owners. However, with the high demand for pet-friendly properties, it’s a wise idea to consider opening up your rental home to pets. Allowing pets can create happier tenants wanting to stay long-term. In general, a pet-friendly rental property attracts more tenants, and rental
As a landlord, it’s essential to be aware of all the costs associated with owning and managing rental properties. While some expenses are obvious, such as repairs and maintenance, there are other costs that landlords may not notice they are accruing. In this article, we’ll explore some of the lesser-known costs that landlords should be
Even though it’s not the most fun job, end-of-tenancy cleanup is essential. One of the biggest factors contributing to disagreements between residents and owners is property cleaning (or lack thereof). However, this can be prevented with a thorough end-of-tenancy cleaning. What Is End of Tenancy Cleaning? The extensive cleaning of a rental home when a
Whatever industry you choose to work in, you’re certain to encounter terms unique in that field. If you’re a new real estate investor, you might feel a bit overwhelmed with the new words you’re likely to encounter. However, it helps a lot to familiarize yourself with common terms so you can be more confident during
Finding a great resident is every landlord’s dream. A great resident pays rent on time, notifies of maintenance issues quickly, takes care of their rented premises, and renews their lease at least once. Finding such a resident isn’t an easy feat, though. It requires a landlord to have certain skills and experience. For starters, you’d
Renting out your property allows you to generate additional income and improve your earnings for the long term. However, all rentals may not offer an equal return on investment (ROI), which usually depends on different circumstances. According to SLC Handyman Service, return on investment ROI rates depend on significant factors like the property’s location and
If you want to have a successful rental property, your goals should include maintaining a top-rated rental unit. This can be accomplished through proper and consistent property inspections, renovation, and maintenance. Long-term residents tend to stay when the units are well-maintained. It’s easy to have happy residents when you strive to create a habitable living
If you’re considering hiring a property manager to handle your investment property, it’s best to be armed with important information. It’s advisable to perform a screening process and take time to interview different property management companies. To ensure that you get the right information, here are a few questions you can ask to guide you
Most of the world’s billionaires made their wealth through real estate. The long-term property appreciation rates, a monthly recurring income, and a myriad of tax incentives can boost your wealth significantly. For new investors, knowing where to start can prove daunting. Luckily, no matter the age or experience, real estate investing is for anyone and
Are you wondering whether you should self-manage your property or partner with a property management company? Many property owners ask themselves this question after buying an investment property. Both options come with their own set of pros and cons. Either option can impact your day to day life, so this is a decision that requires