Property Management News
By Norm Spivey, Author of Collect Rent, Don't Pay It!: A Beginner's Guide to Rental Property Investing It’s hard to put a price tag on personal time and happiness. With 17 rental units at 10 different properties in two states, my spouse and I are about at the threshold we can manage while juggling a career and getting two teenage sons through high school and into college. We self-manage 11 of the units and hire a property manager for the 6 out-of-state units. I know there are folks who may be able to handle 20 or more properties while working a day job. I am not ashamed to admit I can’t! At points in my life, I’ve gotten work-life balance out of whack by focusing too... Read more
It’s budget season for most rental housing operators. Sing it with us: “It’s the most wonderful time of the year…!” OK, we concede that not everyone may...
Keeping yourself—and your tenants—happy A live-in landlord, also known as an owner-occupied landlord, is a landlord who lives in one part of the property while...
What To Deduct From the Security Deposit A landlord can charge a tenant by deducting money from their security deposit if the tenant damages their rental unit....
A gas leak at your property is an emergency that requires immediate attention and action. This article will focus on what you or your tenants should do if they suspect...
As a landlord in Massachusetts, you have rights when it comes to your rental properties. You don’t need a reason to terminate a tenancy or raise the rent. However, there are times when doing so can land you in hot water. If your tenant believes such actions are being taken because they are exercising their rights as a renter, you could be accused of retaliation and heavily fined. What is Landlord Retaliation? When it comes to rentals, retaliation refers to a landlord taking action against a tenant for exercising their rights. These rights include the right to unionize or form other tenant advocacy groups, calling your city’s inspectional services department to investigate possible... Read more
By Brian Sacks, Author of The Real Estate Loophole We all know that rents are rising and so are interest rates. Home prices, however, seem to be moderating, or even...
By David Mencel, Author of The Vacation Rental Bible and Supercharge your Airbnb Are you considering converting your long-term rentals (LTR) into short-term rentals...
You need to know these essential strategies when starting an Airbnb business by subleasing. This can be your first step towards creating long-term wealth for you, your...
There are a handful of ways a renter can get out of a lease without paying. There are a few instances when a renter can legally break a lease. If the property is...