It’s good to save for a car or a big down payment on your next investment property. But saving for something unpredictable is even better. Building an emergency fund for unpredictable times thus becomes important. Not only on a personal level, but
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Tenant abandons property and disappeared without paying rent. What should you do now? Should you move on and find a new tenant for your property? No matter how badly you want to mitigate your losses, you just can’t rent your abandoned property
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Social interaction is an integral part of our lives and having guests come to our place is all fun and games. But the thought instantly becomes daunting when a tenant of yours invites their guest over, especially when it happens every now
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We want our tenants to stay for the complete term of the lease and this is the reason we stick to fixed-term leases majorly. Sometimes, however, circumstances change and we landlords need to terminate the lease early with our tenants. Is it
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Signing one type of lease may not work for everyone. Some landlords go for signing a month-to-month lease agreement with tenants while other landlords prefer signing a yearly lease. What should you choose? It is a question of flexibility over stability. In
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Everything has a useful life and so does your rental property. It is common for things to go bad on your property due to deterioration. And that is accounted for under the normal wear and tear at the rental property. But what
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I never allowed a pet ever in my rentals all these years. And hardly are landlords willing to rent to someone with a pet. No matter how much you love pets, it is a matter of your investment property. But what if
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The post covid world certainly looks a lot different for landlords and rental investors. Vacant rentals are rampant causing landlords to scratch their heads and their butt against bankruptcy. And even sensing no hope to get out of this anytime soon. For
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Landlords often allow tenants to have a co-signer on lease when a tenant can’t meet the credit requirement to rent their place. But is it a smart move or there is something a landlord should know before having a cosigner on the
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Living in an overly litigious society is no joke. And Mr. Landlord, if you are doing what a landlord cannot do. Then that day is not far when a tenant will sue you. “Yes, you are giving someone your place to live
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