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As a landlord, maintaining tenants is the key to success. Without tenants, you will not earn a monthly payment for your property. That being said, without quality tenants, you may experience vacancy issues as well as problems with rent being paid on time or damage to the property.
Managing more than one property can be overwhelming, especially if you are handling the day to day operations by yourself. There are many tasks to keep track of as a property manager, including rent payments, finding new tenants and maintenance.
When it comes to being a rental property owner and landlord, tenant background checks are a must. Novice property owners will often rent to friends or acquaintances without a background check only to find the new tenants default on rent or destroy the property.
The term tenant screening is used in the rental property industry as the way in which tenants are reviewed for occupancy within a property. Tenant screening is essential for landlords to find the right individual to rent their property.
Myrtle Beach is a top vacation destination in South Carolina, offering a 60 mile stretch of beaches. From golf courses and arcades to restaurant dining and shopping, this vacation resort area offers a prime opportunity for investors to find vacation rental properties.
In the US, there are certain regulations that must be followed when investing in a property and renting it to another individual. In the state of Iowa, the rental inspection requirement of landlords changed in 2017 within several cities, with different requirements now needed.
Whether you are a first-time rental property owner or have been in the industry for several years, one aspect that is ever-lasting is tenant screening. The term tenant screening is used to describe a review process for potential tenants.
Late last year and into 2018, the United States has seen a significant amount of snowfall. In states such as Massachusetts, rental property owners are liable when it comes to removing snow from the driveway as well as walkways.
The Federal Fair Housing Act protects renters and homebuyers from discrimination related to race, color, religion, sex, national original, disability, and familial status. Landlords and real estate agents must adhere to the act’s guidelines when selling, renting, and showing properties to potential tenants or buyers. The act ensures that everyone gets a fair shake when buying or renting real estate.
When it comes to rental property investments, one state that often comes to mind is Florida. Known as a top vacation destination state, Florida provides investors with ample opportunity to purchase vacation rental homes, condos and other property to generate income.
Those looking to invest in California may be worried about wildfires. Read below on how they've impacted the market.
Boston’s real estate market has a long history of high prices. In fact, it’s not uncommon for people to avoid real estate in Boston because of the costs associated with it. Just how unaffordable it is might come as a surprise, though. Boston is the seventh-most expensive real estate market in North America, according to the International Housing Affordably Study.
Gentrification has long been a well-known problem for Atlanta’s residents. The longstanding issue recently made national news when candidates in the city’s latest mayoral race talked quite a bit about gentrification and the impact it has on real estate and residents. National publications picked the story up, and now all eyes are on Atlanta.
Sixty percent of U.S. markets saw an improvement in home affordability in quarter three of 2017. Colorado was not one of those markets. Denver County in Colorado has one of the lowest affordability indexes in the United States, and the rest of the state isn’t far behind. In fact, it’s getting so bad that lots of people simply cannot afford to live in the state.
Rental vacancy advertising has changed a lot over the years. Back in the old days, people flipped through newspapers to find vacant properties. That evolved, and landlords started putting ads up in local libraries and grocery stores. Now, with the help of the internet, people have more options than ever before. Modern listing management software like VerticalRent® empowers landlords, brokers, and property managers with a unified lead experience. What does that mean?
When you think of Hurricane Irma, you think of devastation. You picture debris sitting on roadsides and people displaced from their homes. The hurricane also had a devastating effect on the real estate market. Counties in Central Florida reported over $100 million in damages from the hurricane, with $60 million of those damages in Osceola County. This damage caused the Orlando area real estate market to take quite a hit. Buying and selling hit a standstill while people tried to rebuild their liv
San Francisco has some of the highest rents in the entire country. Rent isn’t the only thing that’s high in the city, though. Landlords here also require higher credit scores than those in other cities do, according to a study from RentCafe.
Los Angeles is the preferred North American destination for international real estate investors, according to the CBRE Global Investor Intentions Survey. Other popular North American cities/regions include Dallas/Fort Worth; New York; Washington, DC; and Atlanta.
Nashville has solidified itself as one of the strongest markets in the United States. For the third year in a row, Nashville was one of the top 10 “Markets to Watch” in the PwC/ULI Emerging Trends in Real Estate Report, coasting in at number 9. It dropped three slots from its perch at number 6 last year, but the Music City is still expected to have yet another strong year.
Seattle is going to be the hottest real estate market in 2018, according to Emerging Trends in Real Estate. This annual study is produced by PwC and the Urban Land Institute, and it gets its results by conducting 1,600 interviews with homebuilders, property owners, developers, lenders, real estate advisory firms, and investors.