Archive for August 2022

How Much Rent Can You Afford? Tenants often overestimate what they can afford when looking for a rental, and they’re unrealistic and don’t sit down and add up all their monthly expenses and, as a result, end up having issues paying their rent. Determine what percentage of your income you can afford to put towards…

3 Tips for Choosing the Best Property Management Company for Your Rental Property Most homeowners ask what the management fee is and maybe the leasing fee and pick a company based on that and how they feel about the person they met. There are many other things you should be considering. Ask about additional fees…

What is a Constructive Eviction? Maybe you don’t have the best tenant. Or rents have gone up, and you can get more for your rental and a potentially better tenant, but your current tenant doesn’t want to move. What do you do? One thing some landlords do is not ignore requests from the tenants for…

What is Considered Normal Wear and Tear on a Rental Property? The lease ended, and your tenants have moved out. The property doesn’t look the same as when your tenants moved in, so they should be charged, right? Not quite. Tenants are responsible for damage due to negligence, misuse, or abuse but not normal wear…

Is Your Rental Property Underpriced? Are you losing thousands of dollars because your rental property is rented for less than market rent? With the fluctuations in values and rents over the past couple of years, combined with the fact that many areas could not raise the rent during the pandemic, you may be able to…