Is a Month to Month Lease Better for Landlords?

Is a Month to Month Lease Better for Landlords?

Leasing properties is a significant aspect of real estate investing, and the choice between month-to-month leases and fixed-term leases can greatly impact a landlord's business strategy. Understanding the pros and cons of different leasing options is crucial in making an informed choice that aligns with your investment goals. What is a Month-to-Month Lease? A month-to-month lease is a rental agreement that renews each month automatically. Unlike a fixed-term lease, which binds both tenant and landlord for a set period (typically a year), a mont…

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Top Tenant Complaints and How to Solve Them

Top Tenant Complaints and How to Solve Them

Landlords play a vital role in ensuring their rental properties are safe, comfortable, and enjoyable to live in. One key aspect of this responsibility is effectively addressing tenant complaints. To foster a positive landlord-tenant relationship, landlords should be aware of the most common grievances tenants have and know the effective strategies for resolving these issues. Here are the most common complaints from tenants and how to solve them: Maintenance and Repair Issues A frequent area of concern for tenants involves maintenance and repair…

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Essential Tips for First-Time Landlords

Essential Tips for First-Time Landlords

Renting out your house can be a lucrative venture and provide a stable passive income for you. But managing a rental property is far from simple. Landlords must take charge of property maintenance, rent collection, addressing tenant requests, property inspections, and even bookkeeping. Doing all these things by yourself can be stressful, especially if you’re just getting started. Putting your home for rent for the first time can be a daunting and challenging process, but you can rest assured that the effort will be worth it. To help you become …

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The Risks of Having a Vacant Rental Property

The Risks of Having a Vacant Rental Property

Renting out your house can be a great financial decision, as rental properties are a great way to earn a stable passive income with little work. However, landlords should beware of long vacancy periods. Whether it’s because your tenants had to break the lease early, you rent month to month, or you haven’t found new tenants after the previous long-term ones left, you’ll experience vacancies in your rental from time to time. If you’re unable to fill your vacancies quickly, you could potentially lose a lot of money. Vacancies don’t only mean a lo…

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How to Film a Great Video Tour of Your Rental

How to Film a Great Video Tour of Your Rental

When potential tenants look for a new rental property, they’re likely to turn to online rental and listing sites. As such, when renting out an investment property, it’s crucial for landlords to come up with creative ways to present their rental home online. One way to do so is to film a video tour of the rental property. If you're unsure how to begin the process, don’t worry! In this article, we’ll give you the best tips and important details to create your own virtual tours. Rental Video Tours Are a Game-Changer for Property Marketing There …

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