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4 Main Benefits of Proactive Maintenance Plan
Reading Time: 4 minutesPerforming 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…
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 pay rent on time and abide by a set of rules and regulations as agreed in their lease. To secure that, landlords…
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…
How to lower liability with Proactive Maintenance
Reading Time: 4 minutesAs a landlord, planning ways on how to reduce your liability, prevent any accidents and injuries to your tenants is necessary. The best solution for every landlord is to have a proactive approach to property maintenance. The answer to reducing liability is to think proactive. Costly maintenance repairs can be lessened and legal concerns will…
Top Ways to Maximize ROI on a Kitchen and Bath Renovation
Reading Time: 4 minutesWhen planning any renovations, you should know which areas of your property you want to work on. Specifically, if you have an investment property, you want a renovation that will increase the value of your property and maximizes your ROI. So which home improvement project would you want to invest in? The most popular renovations…
Advantages of Hiring a Property Manager
Reading Time: 4 minutesEach landlord faces different challenges daily. The day to day demands of managing a rental property requires a big chunk of your time. Being a landlord is not an ordinary job that you clock in at 9 and clock out at 5. It requires time, effort and experience to effectively manage a rental property. Luckily,…
What is a Renter’s Insurance and Why do I need it?
Reading Time: 4 minutesInsurance acts as a financial safety net for any unexpected circumstances. There are different kinds of insurance, the most common are health and life insurances. But, if you are a tenant in a rental property, do you know that you can get a renter’s insurance? Renters insurance provides flexibility and security to tenants. It offers…
Why is a Property Inspection Essential
Reading Time: 4 minutesIn keeping your rental property a long-term investment, you must ensure that it is being well cared for and maintained. As a landlord, it is important to have a peace of mind and that sense of security that your rental property is in good shape. Doing a property inspection is a sure way of getting…
Advantages of Hiring a Property Manager
Reading Time: 4 minutesEach landlord faces different challenges daily. The day to day demands of managing a rental property requires a big chunk of your time. Being a landlord is not an ordinary job that you clock in at 9 and clock out at 5. It requires time, effort and experience to effectively manage a rental property. Luckily,…
Learn the difference between Emergency Repair vs. Maintenance Request
Reading Time: 9 minutesBeing a responsible landlord means responding to your tenant’s emergency repair and maintenance requests promptly. Every landlord’s priority is to keep the property in its best condition to make sure their tenant is happy and satisfied. This will add value to their stay and urge them to stay longer. But when they make these requests,…
Top 5 Advantages of Starting your Renewals Early
Reading Time: 3 minutesThe goal of every property owner is to have a successful rental property. It is important that you have established tenants who pay their leases on time to keep the ball rolling. When you know that it is almost the end of their lease, you have a decision to make. Offering a renewal of your…
Top Tips for Keeping your Tenants Happy
Reading Time: 19 minutesEvery landlord’s dream is to have a long-term and trusted tenant that pays their lease on time, maintains the property in its best condition. Having frequent tenant turnovers is quite costly and it’s not really good for your rental business. Building a good and harmonious relationship with your tenant is very important, it will make…
15-low-cost ways to instantly boost your home’s curb appeal
Reading Time: 4 minutesThey say first impressions last. People judge the way something or somebody looks by just looking at it for a few seconds. How do you get a passerby to get a good impression of your home? Having an attractive curb appeal can help a listing make a strong impression and assures the success of your…
Top Trends to Achieve your Ultimate Home Renovations
Reading Time: 3 minutesTimes change and if you want to catch up with the latest home renovation trends, you’re in for a treat! House renovation helps in attracting new tenants. To a tenant’s perspective, a newly renovated house means new flooring, new paint, new fixtures, appliances, and any maintenance issues have been addressed. They know they can live…
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