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Save more money with these Top 5 Hacks for your Property’s Major Expenses
While every landlord’s goal is to maximize their rental income and get it straight to their pockets, running a rental property is more than just about collecting your tenant’s monthly payment. An expert landlord knows that it is necessary to allocate a certain amount of their income for property maintenance. Properly planning and doing a…
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4 Main Benefits of Proactive Maintenance Plan
Performing property inspections and maintenance is a necessity. If you fail to do them, it may cause a lot of trouble and can be very expensive. You may think there may be some items in your property that can be put off for a later time, however, being proactive and staying ahead of maintenance instead…
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Protect your property and your tenant: Key Details to add in your Lease Agreement
Every landlord needs a well-drafted lease agreement. A clear lease agreement defines a landlord-tenant relationship. It also protects you from any unexpected liabilities. Having a comprehensive lease agreement is important as it will prevent any confusion and troubles along the way. Some landlords may just go to the internet and download a templated and standard…
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Do it the RIGHT way: Security Deposit 101
When starting a lease with a new tenant, some landlords tend to be careful as they are entrusting their property to another person. They want to be sure that their new tenant will abide by a set of rules and regulations as agreed in their lease. To secure that, landlords can collect a security deposit…
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Why Everyone Wants to Start Earning by being a Landlord
Becoming a landlord is not something you decide on a whim. Investing in a rental property is very inviting as it promises financial freedom if handled effectively. Having a rental property offers a steady passive income. Sometimes, becoming a landlord is a title someone can be proud of. The value of the properties appreciates every…
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Get Updated on Boston City Rental’s Registration and Inspection Procedures
A landlord’s job doesn’t end with just making sure you are taking care of your rental property and tenants properly. Same like others, handling a business requires you to abide by its set of rules. And as per the city’s regulation, registering your rental property business is required by the law. A landlord’s day to…
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Reduce your Liabilities with Deleading
Lead poisoning is dangerous and is a serious health hazard. As a property owner, you should be familiar with lead and lead poisoning. Babies, children, and pregnant women are most at risk of this health hazard. Lead affects the brain, the nervous system, and the kidneys. Owners are responsible if a child in their rental…
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Tenant Screening Questions to Avoid
As a landlord, you have the right to do a thorough process in screening potential tenants. You might have a list of what makes a good tenant in mind. You know, how they must be responsible and pay their bills on time, be stable when it comes to employment, and have a good record from…
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8 Key Elements in a Landlord Property Insurance policy
A landlord’s rental property is their investment and therefore, they have to make sure it is protected all the time. Landlord insurance is a necessity for every property owner to help cover you against any financial risks involved in running a rental property business. Many situations may be unpredictable. Even if you have…
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