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A security deposit is money collected by a landlord in addition to rent and used to protect the landlord if the tenant violates the terms of the rental lease.
When it comes to being a landlord, there is a lot to keep up with. One of these things is documentation. Luckily, you can find free landlord forms that will come in quite handy for your needs.
There are two times when security deposits become an issue. When a new tenant is moving in and when your tenant has decided to leave. What are the rules when it comes to security deposit law in Arizona?
Low water pressure, excessive water usage, slow drains, and various noises all relate to different reasons your plumbing is about to become clogged.
Most people are fully aware of the need to carry homeowner's insurance to protect their home and contents. However, the renters among us might not understand that if you are renting, you still must face the same questions and quandaries pertaining to insuring your valuables and personal belongings.
Usually, the standard practice is for landlords to paint their rental properties in neutral colors with the expectation that tenants will personalize the space with their choices of furnishings and accessories.
Every Texas landlord should be familiar with security deposit law in Texas. Not following the law could result in the landlord losing the right to keep a tenant's security deposit and may incur legal costs.
Real Estate investing can be an extremely lucrative endeavor. It provides residual income, while at the same time your future investment is essentially being purchased for you.
The State of New York has clear legislation on the topic of security deposits. Landlords should know the law, and follow it.
The state of Rhode Island allows landlords to evict a tenant due to non-payment of rent. However, the landlord must abide by the legal framework regarding evictions to avoid further problems and complications.
Finding and retaining quality tenants is the name of the game for landlords. Renting to the right people can provide peace of mind; however, on the other side of the equation having bad occupants will severely hamper your investment and cause a great deal of anxiety and stress.
Purchasing and leasing rental property can be a lucrative business. As with any business, metrics should be established and constantly worked toward.
Many renters may assume that if their personal property is damaged inside their rental unit or stolen, the landlord's insurance will cover it. While your insurance may cover physical damage to the unit from fire or other disasters, it is best to require renters to have their own renter's insurance.
As important as tenant screening is to run a successful property rental business, it’s not foolproof. Even tenants with the best of intentions can be late on the rent, and despite your best efforts to build a good relationship with tenants, that relationship can still go south.
When you want to attract great tenants, you've got to show that you have a property worth renting. Follow these simple guidelines to giving your rental property the curb appeal needed to bring in the renters you want.
Cigarette smoke embeds an odor into everything to which it comes in contact. Although furniture and carpet are not the only things that become affected, it seems they are trickier to treat.
So you have a rental property and are ready to find tenants. Perhaps, you are wondering if you are ready for the responsibility of being a landlord.
As a landlord, you may think that making energy-efficient upgrades is the tenant's responsibility. The fact is, however, many tenants first question to a prospective landlord is "How much are utilities bills?"