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Understanding Condo Fees

Understanding Condo Fees

As the owner of a condominium, you’re paying for the condo itself plus the space shared with your neighbors. Everyone knows there are fees, but here’s a guy to understanding the details of those fees. Calculation of Condo Fees The association you belong to will set the maintenance budget and annual operating budget. The amount…

Adding a Vegetable Garden Bed to Your Property

Adding a Vegetable Garden Bed to Your Property

When boosting the value of their properties, some rental property owners will consider adding a garden. When doing so, you want to give it the same time and money used when increasing the home value through any other means. Here are some tips for making sure you are successful with your new vegetable garden: Invest in…

Watch Out for These Tenant Screening Scams

Watch Out for These Tenant Screening Scams

It would be great if every tenant coming your way for a place to live was honest and good-intentioned. However, if you’ve been a property owner for a while, you know that unfortunately just isn’t the case. While many applicants are good people and quality tenants, a landlord must be able to recognize scams so they can…

Landlord-Tenant Laws Versus Your Lease

Landlord-Tenant Laws Versus Your Lease

If you’re unfamiliar with landlord-tenant laws, you might think that anything you put into your leasing contract is what goes. But what matters more are the landlord-tenant laws of your state; they always trump your lease. The following details are helpful if you’re unsure how these laws work for your property. Learning the Laws The landlord-tenant…

Don’t Let Things Slide: The Importance of Upholding Your Tenant Rules

Don’t Let Things Slide: The Importance of Upholding Your Tenant Rules

Being a successful property owner or landlord means being firm and fair at the same time. A lot of new owners have problems with enforcing their rules because they are afraid of confrontation. Many are compassionate people who are scared of using too firm a hand with their tenants, and they want to be liked…

3 Rental Property Upgrades That Aren’t Worth the Investment

3 Rental Property Upgrades That Aren’t Worth the Investment

Some property owners assume that any upgrade is a good investment. However, this is not always the case. It’s a smart move to do some research any time you are thinking of making a change to your rental property so you aren’t spending a ton of money for very little actual return. (Also, check with…

Don’t Accidentally Break These Rental Property Discrimination Laws

Don’t Accidentally Break These Rental Property Discrimination Laws

Any good landlord is going to avoid unlawfully discriminating against their tenants or prospective tenants. However, even well-intentioned property owners can find themselves dealing with a discrimination complaint if not careful. This post is devoted to highlighting some common mistakes owners can accidentally make that could lead to charges for discrimination. Language in Advertisements Be careful what you…

Special Considerations for College Student Renters

Special Considerations for College Student Renters

If you own property near a local college campus, you’ll likely have applications from college students come in around the start of each semester. Having college student renters presents its own set of unique opportunities and challenges that are different from tenants that are part of a family, couple, or are elderly. If you are new to…

4 Crucial Ways to Maintain Quality Tenants

4 Crucial Ways to Maintain Quality Tenants

One of the most significant ways to enjoy your role as a property owner and avoid too many headaches is by maintaining quality tenants on your property. Having a good tenant is gold to a property owner, while a problem tenant can leave you seriously consider whether you want to continue in this business. To…

Fire Prevention Tips for Your Property This Winter

Fire Prevention Tips for Your Property This Winter

At a time of year when more fires, candles, and space heaters are being burned for warmth and celebration, property owners need to be cognizant of the inherent risks of indoor heating. The National Fire Prevention Association’s data show that around 98,000 apartment fires were reported in 2013, killing at least 325 people and injuring 3,900….

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