Every landlord on the planet knows the benefits of requiring a tenant to pay a security deposit when they sign a lease agreement. Though that is common knowledge, there are a few facts about security deposits that many landlords know little about. For example, are you collecting? Have you placed your deposits in a trust…
Did you know that when you own a rental property, you are basically in charge of your own small business? And as you know, as a “business owner” of sorts, you are entitled to tax deductions. Primarily, there are ten big ones that you can use to lower your annual rental income for the purpose…
Rental Property Inspections Residents Appreciate Rental property inspections are a frequent request from homeowners hiring a property manager for the first time. This is very reasonable, but as with most aspects of rental management, there are more questions that need to be addressed than simply do you go view the property. It’s important to understand…
Not All Rental Renovations Are Equal Often times when one looks to invest in an income property, the concern is whether or not the property will be attractive to the tenant. What we fail to discuss is whether the property will be kind to the landlord. Listed below are a few investments that we think…
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