Being a landlord demands a thorough understanding of landlord-tenant law. This helps evade tenant rows and run-ins with law enforcement. However, some landlords intentionally break the law while some are just inexperienced. Here are some of the common illegal actions you can take as a landlord that could lead to a lawsuit:
landlord advice
My tenant abandons the property, what should I do?
One ugly moment of property management is handling an abandoned property. Abandoned property can be a pain in the flesh, as you have to handle unpaid rents, determine if the property was really abandoned and even spending money to get things right. Some ugly situation might arise, forcing your tenant to abandon the property. They […]
What Does Property Management Include?
What does property management include? Property management includes controlling and taking care of any form of real estate. It could include managing personal property, tooling, equipment, physical or capital assets needed to build, maintain or repair final deliverables. All the manpower, process and systems needed to account for, operate, control and maintain any or all […]
How to Increase the Rent Without Losing Your Potential Tenants
From finding a good tenant to keeping it for a long time, there are certain things one must consider when renting out a property. A time comes where you may want to increase the residential rent other than the annual increment.
Why Hire a Property Management Firm?
Why hire a property management firm? There are various reasons why property owners choose to hire property management firms. Some owners may have obvious reasons, for instance, a property owner may have many rental properties but lacks the time and experience to manage the property or to deal with issues relating to tenants. Some property […]
Multi-Tenant Benefits
Having mоrе than one tenant in a рrореrtу can offer bеnеfitѕ to a rеѕidеntiаl landlord in tеrmѕ оf есоnоmiеѕ of scale, nоt to mention potentially higher rеntаl inсоmе, аnd the fасt thаt you are unlikеlу tо lоѕе аll your tenants аt оnе time. These are just some multi-tenant benefits.
