Can there be any more safe haven for a landlord than having multiple tenants to fulfill the financial obligation on the same lease? Well, if you are renting to co-tenants and assuming it is a safe move. Then wait and hear me
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No landlord likes the tenant breaking a lease and move out early. After all, it costs the landlord money and turns the cash cow into a negative yielding property. Generally the landlords lease their property to a tenant for a fixed term.
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Every landlord knows what a security deposit is and how important it is to collect it from the tenants. But is it just that mere one-time amount you collect from tenants to protect your rental property or compel them to follow the
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Not receiving the rent payments on time is the biggest distress for a landlord. Especially for someone who has always been a responsible landlord. As a landlord, you have certain obligations to maintain the property and it takes money to do that.
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Be it because of a delinquent tenant or the tenant facing a hardship. Having the rent in arrears is always a nightmare for a landlord. And if you also have reached this end, believe me, it is a real trouble to recover
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No matter how diligently you perform background checks on your tenants. There is always a risk of rent default by a tenant. Not getting paid is every landlord’s worst nightmare, especially for those who have mortgage payments to send every month. Imagine
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Being a landlord, you can make it mandatory in your rental criteria to require renter`s insurance from tenants. A Renter`s insurance is a fairly cheap insurance policy and doesn’t cost a bomb to the tenants. Imagine by just spending his 5 beers
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You might know about a general homeowner’s insurance policy to protect your home or your property. But what if you are turning your house into a rental property or renting out some of the rooms in the property? Or, for that matter,
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You might know about an umbrella policy or an LLC to protect you and your rental property from liabilities. But, little do you know which is better in terms of protecting you completely? Well, it is neither an Umbrella Policy nor an
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Being a real estate investor, you might know about an LLC incorporation. And, how Incorporating your rental property under LLC protects your personal assets in case of a liability. But before you transfer your rental property to LLC, you must understand the
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