About landlord insurance, you have options to customize your policy, and you should. You can be confronted with optional plans and riders, so how do you know where to spend and where to save? Here are some guidelines to help get you started. This article offers general advice. Speak to Read more…
Insurance can be complicated. It is easy to select insurance and think you are covered for everything you need. Unfortunately, any holes in your coverage or failings of your insurance company’s customer service will be most apparent on the day that something goes wrong. These are the times when holes Read more…
How should you review your insurance for the future? Insurance is the type of expense that feels like a waste of money…until it isn’t. Insuring Yourself for the Future helps when an accident or storm damage occur, you don’t want to have to worry about your insurance coverage on top Read more…
Just when you think you have faced every possible scenario as a landlord, a new challenge inevitably pops up. While it’s impossible to conceive of every situation that may occur, it is advantageous to have a few guiding principles that guide your decisions when negotiating with your tenant. We have Read more…
When managing a lease agreement, with one tenant moving out and another moving in, it is a challenge to stay efficient. During this busy time of the tenant cycle, there are lots of details to keep in place. Most tenants will be looking forward to getting their security deposits returned Read more…
First impressions are always important in any new situation. This is certainly the case between landlords and their tenants. You want to project characteristics such as competence, professionalism, and confidence. The rental lease agreement that you and your tenant will sign is your introduction of your expectations in your relationship. Read more…
Deciding to make improvements to your rental unit is only the first step in a long, and sometimes pricey, process. When you spend your money wisely, it can lead to more competition for your unit, and a higher monthly rental income. But spend your money on the wrong improvements and Read more…
Renovations for rentability are a necessary and constant reality for landlords. You want to maintain a high quality rental. Both for the longevity of your property as well as attracting the best tenants. Every renovation comes with myriad decisions about the cost, quality, and style of the materials. Landlords should make Read more…
As you have probably learned the hard way, there are some property renovations that just won’t wait for a convenient time. Whether you have a tenant in place or are preparing to place one, there are certain considerations for timing your property improvements. If you already have a tenant in Read more…
Good tenants are easier to keep than they are to find. A good landlord knows this and tries to keep around the good ones who pay their rent month after month. Here are five of the best perks to offer tenants to keep them happy. Dog Park A landlord Read more…