When a tenant leaves, one of the most challenging things for a landlord is determining whether they should receive their security deposit back. About one-fourth of renters don’t get their deposit back. Some situations may be painfully obvious that the house is in a state of extreme disrepair, but others can walk the line between
Tax deductions are good. For your rental expenses, there are deductions to your taxes which need to be determined provided you have their records. It pays to be always ready instead of stressing at tax time. To further help you, here are a few tax deductions you should know:
You want to be sure that the tenant who occupies your property is going to be solid. They should have a decent credit score, a clean background check, and an income high enough to afford the property. Almost every property management company takes a look at these areas before they will approve an applicant. Unfortunately,
Actions speak louder than words. We often share this old adage with our schoolchildren, teaching them that the things they do are more important than what they say. This same quip can be applied to the landlord-tenant relationship as well. Your actions as a landlord have serious consequences for the terms of your lease. No
Buying and selling a home requires a professional touch to follow the ins and outs of the real estate market. A prospective homeowner may be drawn in by flashy sales presentations and slick talking from just about anyone who claims to be a sales agent. Unfortunately, not every real estate agent is a REALTOR®. This