The profitability of rental property often comes down to one thing: the quality of your tenants. If you have good tenants, they will pay their rent payments on time and will typically take care of their apartments. Bad tenants, on the other hand, can cause a myriad of problems for property managers. Because it can be hard to select the right tenants, many property management firms are now beginning to utilize landlord credit bureau services.
- If you can't monitor the home you're selling because you live in another city or state, take steps to protect it from burglary and theft. Simply having neighbors look out for your property isn't enough. Some thieves take note of how many times your neighbor picks up your newspapers, checks your mail or parks in your driveway. Other criminals watch and take note of how often someone mows your lawn. Instead of using these common methods to protect your home, try these tips below.
- Landscaping provides a number of very real, very tangible benefits, in addition to the fact that it serves to make more aesthetically pleasing scenery. Whether it's increasing the value of your home or office building, or helping to deter unwanted pests, outfitting your property with neat, tidy landscaping can often pay for itself. Below is a brief overview of four of the most prominent benefits of professional landscape installation. Avoiding HOA Fines
- If you are self-employed, you might have a hard time getting approved for a home loan as you look at homes for sale. Many people who are self-employed have a hard time proving their income and how much they actually make. This is because most lenders will only accept tax returns as proof of income, which can be hard for the self-employed. Luckily, this doesn't mean that you can't get a home loan.
- Several decades ago, many young professionals purchased homes as soon as they were able, preferring home ownership to renting. Now, the times are changing, and more young adults are choosing to rent rather than take on the responsibility of a mortgage. If you own or manage an apartment community and are looking to attract these often responsible, young adult renters, consider adding a few of these amenities: On-Site Daycare For busy young adults, leaving the house 30 minutes early to drop a child off at daycare before the workday just adds to the exhaustion of balancing work and family life.