Owning and running a rental property can be a profitable business, but it also comes with potential complications. Just like with typical home ownership, all sorts of things can go wrong with a property, and it gets even stickier when a landlord has to work with multiple tenants in a building, any of whom could …
There are many different reasons a tenant may want to break a lease early, whether it’s because they are ready to purchase a property instead of renting, or they got a new job and are moving to a different area. In any event, as the landlord it never is ideal to lose a tenant. As …
One of the reasons fire insurance is included among most renter’s insurance for apartment owners is that all people need to be protected financially in case of a fire. In an apartment building, a fire could destroy an entire structure, and it all could have been caused by another renter. Knowing this, it is imperative …
Tips for Apartment Owners to Prevent Fire Hazards Read More »
No tenant will ever be especially excited to discover that a landlord has raised the rent, but a landlord can have a number of reasons for deciding to make that call for a property they own. Landlords need to turn profits on their buildings, and sometimes rising costs in other areas mean boosting rent for …
Without question, real estate remains one of the most popular investments in the United States, but those who grow truly wealthy from their transactions do so because they stay apprised of the most recent trends and opportunities in the world of real estate. This is especially true in California, which is the most expensive place …
California Housing Market: 2019 Trends & Opportunities Read More »
Over the course of the last five or ten years, the rise of the short-term rental property has been steep and profitable, with services like Airbnb and VRBO providing property owners with opportunities to rent out units in ways that were not possible a decade or two ago. Of course, no investment opportunity comes without …
Airbnb Insurance: Everything You Need to Know About Protecting Your Rental Property Read More »
For many people, the idea of owning property on the side to generate some extra income is incredibly desirable. In a perfect world, becoming a landlord would be a fairly easy process, allowing new property owners to simply set up shop, find a few tenants, then walk away and let the cash flow like a …
Five Things to Consider Before Becoming a Landlord Read More »
One of the benefits of renting a home rather than purchasing a home is passing liability off to a landlord. If something breaks or stops working or needs replacing, the tenant is not responsible financially for those types of issues. Of course, landlords take on a lot more liability than just the occasional leaky faucet …
Five Things You Should Know About Landlord Liability and Exposure Read More »
No landlord wants vacant rental properties, first and foremost because a vacant property isn’t bringing in any money. While in most cases the occasional vacancy is unavoidable, landlords should work to keep properties filled because not doing so can lead to costly issues. Even if a space isn’t currently occupied, it is imperative that a …
Taking on your first property as a landlord is an exciting time, but it also comes with a number of anxieties associated with doing a good job as a new business owner. Thankfully, there are some generally accepted practices for first-time landlords to help ensure your rental business not only gets off to a great …
Five Tips to Help a First-Time Landlord Get Started Read More »
