12 Landlord NightmaresYes, Halloween is over, but the reality is that some nightmares are still continuing for landlords who've elected to go it alone when it comes to property management. Picture it: mold which mirrors cottage cheese, roaches desperately escaping an opened r...
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Single, Double & Triple Net LeasesAs a landlord/rental property owner, you are already familiar with the basics of a general landlord/tenant lease agreement. The contract has been tailored to fit your personal requirements, entailing the expected monthly rent fee and due date...
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6 Renters Who Are Tough to InsureThere are seven types of renters who are known to fall under the "difficult to insure" heading. They are viewed as inevitable risks and it can be challenging to landlords to convince major insurance carriers to consider them. 1. Renters ...
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Calculating Vacancy RatesAll rental property investors/owners know that part of the process of selecting the best location(s) for rental properties includes the calculation of annual vacancy rates. Investors know all too well that they must calculate the average percentage of the...
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5 Reasons to Avoid Renting Rooms"Room for rent" is becoming a hot topic among landlords and rental property owners. While it might seem to be the best way to rent out a space, there are five reasons you might want to rethink your strategy. Star in your own private soap ...
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1. Sound MotivationMost people have moved around a bit. Some move due to affordability or other financial reasons. Others relocate due to job opportunities and some move because of a tenant/landlord fallout. Whatever the case might be, stability should be the ultimate longing for...
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Independence Day is a day for great celebration which can be clouded with injury when rules and regulations go unheeded. In fact, as a rental property owner, the thought of holiday explosives being utilized by your tenant on your property probably never occurred to you. While exp...
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1. Avoid WhinersIf your applicant can't come up with the entire security deposit in one lump sum or utters various murmurings regarding the amount of the required deposit, move on. That is a red flag as you really don't know the true state of their finances. Experienced, ...
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1. Treat Your Property Like It's Your Business. Oh, Wait! It is!Your property(ies) first and foremost should run like a business! Take pride in your business and work to ensure that it runs smoothly and efficiently. Create effective protocols and processes, get organized and ...
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As sixty-eight percent of households across America consist of pet owners, rental property owners are in a position to offer advantages to highly motivated, pet-owning renters. At the same time, opening your home up to animals can be a risky venture. Cats can sometimes scratch at...
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