What a Rental Property Owner Needs to Know About Insurance Policies

Entering into the realm of rental housing is an exciting event that offers the satisfaction of a steady stream of income. What many property owners don’t fully realize is that in addition to natural acts of destruction from Mother Nature, their properties are also prone to damage from tenants. It’s essential that property owners realize…

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Real Estate Investor: How to Protect Yourself

As the housing industry continues to bounce back, savvy real estate investors have been snapping properties to start or expand their portfolios. In the rush to secure the choicest properties, sometimes practicalities are given less of a priority. Many property owners fail to obtain the right insurance coverages so their investments are protected. In some…

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Using Your Garage to Make Your Property More Appealing

Ask anyone looking for a home to purchase or rent what their top ten list looks like and chances are one of them will be a garage. While many people think of their garage as simply a convenient place to store their extra sporting equipment, bikes and lawn mower, your garage can become a major…

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3 Common Problem Tenants and How to Deal With Them

As an investor in real estate, you could on your rental properties bringing you a certain amount of money each month with little to no hassle. Unfortunately, though, tenant problems abound. Not only can these increase your stress level, they can make it less lucrative to rental your property. Here are some tenant problems to…

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Property Owners: Do You Have the Right Insurance?

Whether you have one property that you are renting out or if you are trying to acquire a portfolio of properties to build up a steady income from real estate, you should be careful not to scrimp on the insurance policies you take out on them. Though it can be tempting to try and save…

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Using a Move-Out Survey to Your Advantage

When you rent your home out to another person or family, you essentially become the “business” and your renters become your “customers.” While the old saying, “the customer is always right” doesn’t fully resonate in this situation, there is a great deal of truth to it. Using a move-out survey can help you glean valuable…

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Tips for Effectively Screening Contractors

When your property needs some repair work done on it, or if you need a system maintained, you count on the contractors you contact to do their job correctly and with minimal supervision. It might surprise you to learn that this is not always the case though. In fact, to protect yourself, you should screen…

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Deposit Deductions to Introduce to Tenants

Keeping your tenants informed about your expectations goes a long way toward a smooth relationship. A good case in point involves the deposit. Having your renter sign a list of items that could be deducted off the deposit is sure to motivate them to leave the property in the same condition that it was in…

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Help Tenants Protect Their Security Deposits

Most homeowners who rent out their property only want to make money with an asset that they no longer need. Charging a security deposit as part of the moving-in package for tenants isn’t a sneaky way of wringing extra funds from them. Instead, it’s a method of protection in the event that something goes awry…

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5 Ways to Develop a Good Move-In Checklist

A checklist can help anyone stay on track when it comes to hectic life events. When it comes to starting a relationship with a new tenant. consider ways to make it easier on them and get it off to a great start. A comprehensive checklist can help. Build a Great Move-In Checklist A move-in checklist…

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