As a real estate investor and landlord, your job is all about mitigating risk and maximizing return. The more you’re able to…
While the value of a property may increase over time, the home, apartment, or commercial building on it will naturally deteriorate. In order to increase the value of your rental properties and keep tenants satisfied, you need to perform regular renovations.
One of the more difficult challenges a landlord encounters is having to sell a tenant-occupied house. This is especially difficult if your tenant has lived in the residence for an extended period of time.
When you’re on the outside looking in, everything looks good. You have a handful of properties, they’re all occupied, and your friends assume you’re a real estate tycoon.
Just when you think you’ve got tenants in line, they’ll come up with a new way to do something. Too often, it’s risky, dumb, or dangerous.
As a landlord, you can’t control everything that happens on your property. However, you can implement rules, provide advice, and protect yourself by giving your tenants everything they need to be safe and secure. When it comes to preventing house fires, there are a number of things to keep in mind.
Evictions are very serious, and if you’re preparing to evict a tenant for the first time, it’s critical that you understand how to handle the process. Specifically, you need to know how to approach the actual eviction day.
As experienced landlords know, carpet can take a beating. In fact, it’s arguably the most heavily used item in the home and requires frequent replacing. By understanding the causes of damaged carpet and following a few simple rules, you can extend the life of your carpet, keep tenants satisfied, and save money.
As a landlord, your greatest protection comes from having everything in writing. If something’s not in writing, you’re not fully covered.