If you own rental properties, you know that each one needs a maintenance schedule. You have a couple of alternatives if you don't want to pay a property manager or maintenance service.
Being a landlord does not have to be cumbersome. With processes, systems, and automation in place, you can make passive income off rental properties.
When your tenant asks to improve your rental, calculate how much it will cost to return the unit back to its original condition if need be. That might be necessary if the tenant’s improvements make your rental less desirable.
Like people, appliances get sick, and when they do, they display recognizable symptoms. Looking for these symptoms when you test appliances usually doesn't require any tools.
A landlord is required to provide a safe and habitable residence, but landlords and tenants share responsibility for keeping it that way. Tenants should maintain sanitary conditions and contact the landlord whenever repairs are needed.
Landlords need tools and supplies for painting, basic repair, and cleaning. It's also important to have copies of important paperwork and spare keys to deal with lockouts.
Keep your rental property safe by monitoring GFI outlets, smoke detectors, railings, structural repairs, door locks, lead paint, pest control, and appliance maintenance.
Considering buying a foreclosure for your next rental property? Consider these things first.
Whether you're a landlord or a tenant, you can save water without busting the budget.
Find out which hardscaping elements tenants want, so you can set a higher rent amount for your rental property.