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No landlord looks forward to evicting a tenant. Why would you? That leaves you with an open unit, which means no rent being collected. However, sometimes circumstances arise that make eviction for a particular tenant necessary.
Taking the time to prepare your properties for winter is a smart and cost-effective way to avoid winter-related trouble. There isn't a single person on the planet that looks forward to finding their heat is no longer working--or worse yet, their water pipes have burst.
To expand your rental properties, you've perhaps decided to invest on the East Coast, particularly New York. While you shouldn't have an issue finding renters in New York, or New York City, it's inevitable you'll run into troublesome tenants eventually.
A little septic tank maintenance equals greater profits and a healthy community. Read on for some tips to maintaining septic tanks.
When it comes time to give tours of your rental property to potential tenants, you want your rental to not only be functional, but aesthetically pleasing. Many landlords overlook small details that can actually pique the interest of tenants, and allow you to keep rent prices higher.
The holiday season brings fun, festivity, family, and travel -- all activities that, combined with the shorter days and cooler weather, make potential great tenants less likely to be looking for rentals.
There is no concrete answer to this question. Like with so many things in life, it depends. This article is going to compare/contrast the two. It will also provide some points to consider before making your investment choice.
Alabama's landlord and tenant laws provide certain rights to both parties. Small, or private, landlords should know both their rights and the tenant's rights before they lease or rent out a property so, should it be necessary to evict a tenant, you will have the law with you.
Many landlords continue to inspect their units the old-fashioned way, having their tenants use only a paper checklist to document the condition of the property. Although the checklist remains important in the inspection process, you can enhance and clarify the process easily if you own a smart phone and a computer.
If you are a property owner that is having to deal with tenant turnover, getting the right renters in the door for your next lease is important. Sometimes screening potential renters can seem tedious, but doing this step right can save you headaches down the line.
The grounds for eviction of tenants remain the same in many states, however, in Michigan, owners are not allowed to evict tenants without a court order, irrespective of the reasons, apart from a tenant who got into the property illegally.
Once the JOBS Act was passed in 2012, the concept of crowdfunding exploded in popularity, allowing money to be raised for everything from small businesses to real estate developments.
It can happen to anyone. You are going through the daily grind of life with family and work while living in your rental property. At the time, it made financial sense to live in a rental property in an effort to avoid homeownership risks.
There is no clear-cut answer, as every situation and every state is different. There are no federal laws regulating this issue. However, a few states and cities have passed legislation on landlords’ mold-related responsibilities.
Nowadays, you don't need to have long-term tenants to become a landlord. With websites like HomeAway emerging, you can rent your property by the night or week.
So, do you need and LLC for a Rental Property? The short answer is no. As with most financial questions, though, the short answer is never adequate.
As the vacation rental industry continues to boom, renting out your home to short-term visitors can be a very lucrative side business. In order to maximize your revenue, minimize vacancies, and increase your nightly or weekly rate, it's crucial to achieve 5-star ratings on the sites where your property is listed.
Sometimes a landlord needs to screen potential tenants who happen to be foreign nationals. However, it makes a difference whether the applicant is an individual or a business.
Did you know that South Carolina Legal Code 27 - 40 covers tenant eviction and the eviction process? This guide outlines the causes and the steps landlords should know before they begin the eviction process.