Signing a lease with a landlord or a property manager means that you are committing to rent the property for the duration indicated in your agreement. But what happens if you suddenly can’t proceed with the contract? Can you cancel a lease before it starts? Even at...
Running a rental property business comes with a number of tax obligations. However, did you know that there are also ways for you to lower your tax burden by accounting for your rental property’s depreciation? This strategy allows you to deduct a portion of the...
A key part of running a rental property business revolves around maintenance and upkeep. However, it’s important to remember that your property’s maintenance needs may vary depending on the time of the year. This is where seasonal maintenance comes into play. The goal...
In the rental property business, there are several types of key performance indicators that you can use to gauge how well your rental is doing. You’ll hear about rental yield, capitalization rate, and the like. However, one of the often overlooked rental property KPIs...
When you’re at home, you expect to be able to peacefully enjoy your time without having to deal with noise issues and other disturbances. But what happens if suddenly, in the middle of the day, you hear your neighbors blasting music enough to shake your walls, or...
As a tenant, you’re exposed to certain risks and liabilities. That is why getting the appropriate insurance should be one of your priorities. This is where renters’ insurance comes in. But what is it exactly? Continue reading to uncover what renters insurance is...
When you sign a lease agreement to rent and live in a rental property, you are placing yourself legally liable and responsible for the terms of the lease. Violating the lease usually leads to penalties – from fines to eviction. But what do you do if you have to get...
Accessory dwelling units, or ADUs, are becoming increasingly popular across the country. Along with this, local housing authorities are establishing specific regulations and guidelines for the construction and operation of these accessory dwellings to ensure...
Are there one or more tenants living in your rental property that shouldn’t be there? Maybe you found out that a temporary guest has been there for months. Or, a significant other suddenly decided to move in. Regardless of how they got there, unauthorized tenants are...
Short-term rentals (STRs), such as vacation rentals and temporary housing, have become increasingly popular. They have undoubtedly become one of the most accessible ways for property owners and beginner investors to enter the rental market and generate passive income....
