Landlord

The Best Ways To Succeed as a Long Distance Landlord

The Best Ways To Succeed as a Long Distance Landlord It is very difficult to own and run rental properties from a different country but, it is not impossible. In this article, we will be sharing some of the best ways to succeed as a long distance landlord. Hire a Property Management Company: Although, you will be unable to inspect or respond to tenants needs in time, you can always hire a property...

How To Be A Good Landlord

How To Be A Good Landlord No one wants to deal with a difficult landlord. Therefore, try by all means to be good to your tenants. If you do not know how, keep reading. In this article, we will be giving some tips on how to be a good landlord to your tenants. Welcome Your Tenants With a Letter Writing a letter to your tenants can make them feel at ease in their new place of residence. Therefore, make...

Dealing With Problematic Tenants

Dealing With Problematic Tenants As a landlord, you will have to be subjected to dealing with problematic tenants. However, do not be discouraged because in this article we will be giving you a few practical tips that may be helpful. Be Calm and Rational Tenants can be infuriating and anyone would understand if you lost your temper. However, losing your temper will not be the solution to the...

The Impact of Interest Rates on Real Estate Market

The Impact of Interest Rates on Real Estate Market Interest rates are a significant factor in the real estate market, as they can have a significant impact on home sales, prices, and affordability. Here are some of the ways interest rates affect the real estate market. Mortgage Rates and Affordability When interest rates are low, mortgage rates are also low, making it more affordable for buyers to...

Before You Become A Landlord

Real Estate is a good investment, but that doesn't mean it's good for everyone. Here are some considerations before you become a Landlord Before You Become A Landlord 1. Understand the commitment required To start with, do your due diligence and evaluate your financial resources before taking the plunge and becoming a landlord. So, before you start looking at properties or take other steps, make sure...

Understanding The Lease Agreement

You’ve found the right rental property that ticks all the boxes and is within your budget. You’re ready to move in only to be told there is still the issue of the lease agreement that needs to be sorted out. Are you confused and wondering what a lease agreement is? Landlords and tenants alike need to have a good understanding of the lease agreement. Besides this, both parties need to understand the...

Easy Ways To Keep Tenants Happy

As most landlords have come to realise, the process of replacing tenants is quite costly. In addition, it is also time-consuming and cumbersome. Each and every tenant turnover has associated costs and expenses. These range from cleaning costs to possible repairs. In addition, you risk losing rental income the longer the property remains vacant. Moreover, this can have a devastating impact especially if you...

How to set the best landlord pet policy

How to set the best landlord pet policy

Investing in rental properties is perhaps one of the most lucrative real estate investment strategies in the business. However, one of the biggest challenges for every landlord is tenants with pets. One fact that a real estate investor cannot deny is that a pet is a part of the family. Therefore, you can’t expect tenants to leave behind their pets only to be able to rent your property. So, for this...

Succeeding as a long-distance landlord

Succeeding as a long-distance landlord

Not all landlords invest in properties near their own residence. Perhaps you moved and chose to keep your previous residence as a rental. Maybe you found an exceptional investment opportunity in a different area or even across the country. While being remote may change the way you manage your rentals, you can set yourself up to be a successful long-distance landlord if you know how to effectively outsource...

tips for renting to someone with bad credit

5 tips for renting to someone with bad credit

After spending time preparing your property for renters and then advertising it, you need to find a suitable tenant from your list of applicants. Many landlords begin by sifting through the applications, ensuring each potential tenant meets a certain set of criteria. While the ideal tenant is certainly out there, it may take some time and many applications to find that person. This situation could leave...

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