If you have a rental property in a snowy climate, you're responsible for snow removal, although you can make tenants responsible by adding a lease clause. The tools you need include snow shovels, scrapers, brooms, salt and sand spreaders, and possibly a snow blower.
Landscaping, painting, cleaning, and updating appliances are some of the things you can do to increase the rental price of your property. If you raise rent incrementally when the property is occupied, you have a better chance of meeting your financial goals without a lot of work.
The best way to start increasing the appeal of your rental units is by finding the commonalities most of your prospective tenants share.
Learn how can you find the highest-quality tenant in the shortest period of time without spending all of your time marketing your vacant units.
Do you have too many rental properties? We look at the factors to consider when deciding on adding new investments to your rental portfolio.
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.