What to do With a Tenant's Possessions After an Eviction?
Even after removing a tenant from your property, you might still be confronted with the issue of their possessions left on your property. Initially, you might think throwing away these items can be easily done. However, this is not the case. Landlords have a duty to return the tenant’s possessions and must provide a reasonable period for the renters to pick up their belongings. Doing so, protects the landlord and ensures that all parties remain respectful during these circumstances. This article will offer tips on how to handle a tenant’s posse…
Real Estate Metrics Investors Need to Know
Investing in real estate can be highly rewarding, but requires a keen understanding of various metrics to make informed decisions. For landlords, these metrics provide essential insights into property performance, market conditions, and overall investment viability. This article will cover key real estate metrics every landlord should know, simplifying each concept to ensure clarity and practical application. Essential Real Estate Metrics Gross Rental Yield Definition: Gross Rental Yield measures the annual rental income generated by a property…
Should I Rent or Sell My House?
Once you have a habitable home that is ready to move in, a question worth considering may pop into your head. Should you rent your house or sell it? This can be a puzzle, as both offer plenty of benefits and drawbacks. Read this article to guide you in deciding whether becoming a landlord is right for you. Rent or Sell? Property owners can often find themselves sinking deep into their thoughts and deliberating whether to rent out or sell their house. This usually occurs when they: Are done paying the real estate. Have completed major housing r…
How to Conduct a Tenant Walk-through Inspection
When managing rental properties, conducting thorough tenant walk-through inspections is crucial for both landlords and tenants. These inspections help ensure that the property is well-maintained, and any issues are promptly addressed. In this guide, we'll explore seven essential tips for landlords to follow during a rental property walk-through with a tenant, focusing on simplicity and adherence to California regulations. 7 Tips to Follow During a Rental Property Walkthrough with a Tenant Form Creation Before conducting a walk-through inspectio…
How to Keep Renters Happy
Ever find yourself wondering how to keep your renters not just content, but genuinely happy? It's a question many landlords grapple with, especially in today's competitive rental market. In this article, we'll delve into some tried-and-true strategies that can help you cultivate happier tenants, leading to longer leases, fewer vacancies, and ultimately, a more successful rental business. So, if you're ready to elevate your landlord game and develop a mutually beneficial relationship for you and your tenants, let's dive in! Strategies for Tenan…