Navigating the maze of responsibilities for painting rental properties can often leave landlords and tenants in a bind. Who holds the brush, and how frequently should walls get a refresh? Key Takeaways: Generally, landlords bear the responsibility for repainting rental properties to maintain them. Repainting frequency varies, but landlords often aim for every three to…Read More
Let’s chat about animals in rental properties, shall we? It’s not uncommon for the subject for landlords and tenants to not see eye to eye. And, yeah, there is no doubt that some animals, despite assisting humans in some capacity, can be a bit destructive. But, that doesn’t change the fact that an animal is…Read More
Navigate the fine line between wear and tear and tenant damage with ease. Discover the key distinctions that safeguard your investment and ensure fair security deposit practices. Key Takeaways: Understanding Wear and Tear: Recognize natural property deterioration as unavoidable and not chargeable against a tenant’s security deposit. Identifying Tenant Damage: Learn to differentiate damages that…Read More
Your tenants don’t want to live in a home crawling with pests. And you certainly don’t want the value of your rental property to drop due to damage from invasive insects or rodents. But when rodents, cockroaches, or other pests infest a rental, it’s not always immediately clear who is responsible for pest control: the…Read More
Updated November 2023 Parking is more than just an amenity; it’s a crucial factor that can elevate a rental property’s appeal and profitability. Landlords like you know that good parking facilities can drive up rental rates. However, you’re also aware of the headaches caused by parking-related disputes between tenants and landlords and among neighbors sharing…Read More
Many landlords point to the same part of the rental process as their number one priority: tenant selection. Filling vacancies is vital to success, and finding the right tenants for each property is just as important. Using a rental agency to assist with advertising vacancies, screening tenants, and choosing a good fit is one of…Read More
Ready to hire a property manager? According to an infographic on MySmartMove, 44% own, but do not manage their rental property. You need to ask the right questions to hire the best property manager for your rental portfolio. A property manager has experience in finding the right tenants and managing all those tedious tasks that…Read More
Most successful landlords understand the importance of a move-out checklist. It’s the document that requires both landlord and tenant to go through the rental property a week or so before the tenant moves out. Landlords prepping a unit for turnover might think that the condition of the property is good enough or they are so familiar with the…Read More
Landlords are required by law to behave a certain way, such as providing notice before entering and delivering written notices for lease violations. They are also required to provide their tenants with a number of things when renting out a property, such as working electricity and plumbing systems. When it comes to appliances, however, many landlords…Read More
Managing buildings with multiple units or homes that require regular servicing brings new issues to landlords that you might not be familiar with. Preventative maintenance is essential for the long-term profitability of buildings, but not all landlords know how to manage these tasks effectively. What you need to succeed in this respect is a high-quality…Read More
