Property Management News
If you’re seeking to make extra income or want to downsize, then consider renting out one of your empty rooms before you decide to sell your home. People who rent out rooms may be empty nesters or they may be younger people who have extra space and need additional income to cover the mortgage. Whatever your stage in life, you can increase your income by renting out a room in your house. Before you decide to rent a room, though, you should have a room rental agreement in place to protect you and to describe what the renter can and cannot do in your home. Offering a Single Room Rental As you consider renting out a room, there are some fundamental rules you’ll want to take into... Read more
If you’re a landlord, some states may require you to provide rent receipts to your tenants. In addition to helping landlords keep meticulous records, these...
Moving to a new building can be stressful, even if it’s exciting. And a property manager’s response to new tenants can either make or break move-in day expectations...
Reasonable accommodation requests can be completely obvious and straightforward. Still, more often than not, they require a little bit more due diligence or...
Your records may mostly be electronic these days, but you still need to keep safe, comprehensive records for all of your rental units. When applying to rent an...
Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. If you have a good relationship with your tenant, you may decide to postpone raising rent, but when other real estate factors start impacting your ROI, it may be time to reevaluate your monthly rent price. Ready to get started? Keep reading and explore our guide to rent increase notices, compliance and more. What causes rent to increase? There are a variety of reasons why landlords choose to increase their rent... Read more
As a rental property owner, it’s important to understand a notice to vacate and the local or state laws that apply to this type of real estate form. Although a...
As a landlord or property manager, it’s a great feeling once the tenant agrees to the lease agreement and signs their name on the written document. However, there are...
As a landlord or property manager, you have the opportunity to determine what kind of lease agreement works best for you and your rental property. The typical rental...
Rent increases are an inevitable part of a landlord or property manager’s job. Each year, the local rental market and overall costs fluctuate, often requiring a...
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