Rental Property Marketing Mistakes

Rental Property Marketing Mistakes

For a rental property business to continually generate income and become profitable, the unit must be consistently occupied. To attract tenants, you have to put your rental on the map and market it correctly. You have to stage it and reach a wider market. However, not all landlords are knowledgeable about what it takes to advertise a property effectively. Failure to consider important factors when marketing the rental could limit tenants’ interest and extend vacancy periods. If you’re a landlord in need of marketing tips, you’ve come to the ri…

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Costs That Landlords Don’t Notice They’re Accruing

Costs That Landlords Don’t Notice They’re Accruing

Managing a rental property, be it as a part-time or full-time landlord, comes with its fair share of responsibilities and rewards. However, amidst managing properties and dealing with tenants, it's easy to overlook certain costs that may be silently accumulating. In this blog post, we aim to shed light on these unnoticed expenses and empower you with the knowledge to make informed decisions. From maintenance and repairs to insurance and legal obligations, we'll explore the often underestimated costs that can impact your bottom line. By unders…

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End of Tenancy Cleaning

End of Tenancy Cleaning

Once the tenancy period of a renter ends, the landlord has to fulfill certain duties. They need to return the security deposit, provided no property damage outside of wear and tear exists, and check if the renter performed an end of tenancy cleaning. Since landlords and tenants may have different standards of cleanliness, it’s important to have an end of tenancy checklist and include a maintenance and repair clause in the rental agreement. This can help reduce potential conflicts and guide the renters on what specific areas to focus on. Wha…

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How to Conduct a Tenant Walk-through Inspection

How to Conduct a Tenant Walk-through Inspection

Conducting tenant walk-through inspections in your Florida rental property allows you to keep your home safe. For one, when a landlord displays how well they take care of a property, tenants may follow suit and provide the same attentive care to the unit. Walk-through inspections come with benefits for both landlords and tenants. Landlords can explain how to properly take care of the rental, leaving them with lower repair costs and the renters with safer housing conditions. Read ahead to learn how to perform a proper tenant walk-through inspec…

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What is the "Implied Covenant of Quiet Enjoyment"?

What is the "Implied Covenant of Quiet Enjoyment"?

Renters enjoy certain rights and one of them is being granted the right to live in peace and quiet throughout the tenancy. Even without a lease, the “implied covenant of quiet enjoyment” should be enforced under state and local laws. As a landlord, you must provide an environment where disturbances and noises are kept to a minimum as much as possible. Otherwise, you can face certain risks, such as a tenant withholding the rent payment. This can be allowed by certain states if the right to quiet enjoyment has been violated. The tenant can also …

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