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Protect your property and your tenant: Key Details to add in your Lease Agreement
Reading Time: 4 minutesEvery 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…
Do it the RIGHT way: Security Deposit 101
Reading Time: 14 minutesWhen 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…
Why Everyone Wants to Start Earning by being a Landlord
Reading Time: 6 minutesBecoming 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…
Get Updated on Boston City Rental’s Registration and Inspection Procedures
Reading Time: 8 minutesA 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…
Reduce your Liabilities with Deleading
Reading Time: 4 minutesLead 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…
Tenant Screening Questions to Avoid
Reading Time: 14 minutesAs 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…
8 Key Elements in a Landlord Property Insurance policy
Reading Time: 6 minutesA 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…
Effective Ways to Lower your Monthly Expenses and Make More Money as a Landlord
Reading Time: 3 minutesLet’s face it, running a rental property has its ups and downs. Getting long-term established tenants is great but if there are any unexpected emergencies in your property, you are faced with expensive maintenance fees and liabilities. There are also the monthly bills associated with running your rental property. Since landlords invest in a…
Save More Money by Getting a Service Contract
Reading Time: 3 minutesAs a rental property owner, you are responsible for taking care of any necessary emergency repairs and maintenance requests. It is quite stressful when you are handling your tenant’s requests by yourself and calling any available service providers who can come and do the repairs right away. Looking around your property, do you think at…
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