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How to Boost Your Rental Property’s Curb Appeal
First impressions matter when it comes to renting out a property. Setting a good standard will typically help you attract like-minded tenants who will help you maximize your rental income, but it's something that is often forgotten by DIY landlords. Generally speaking, the more effort and investment you put into your property, the more profits you’ll be able to get from it. The vice versa also holds true. Boosting your rental property’s curb appeal can help you in the following three ways as well as a great way to get your property rent ready.…
Tax Season Tips for Landlords
Landlords have a duty to declare rental income on their taxes. However, if you’re a newbie, this process can prove to be intimidating. What’s more, you may not be able to know what deductions you qualify for. Increasing your tax savings is now more important than ever considering the events of the past few years. Such events included the ending of eviction moratoriums, record-level rents, and other financial uncertainties leftover by the Covid-19 pandemic. In today’s article, you’ll learn everything you need to handle tax season. Cash Basis vs…
How to Be a Long-Distance Landlord
The need to be a long-distance landlord can come unexpectedly. Your job may require you to move to another state or you may need to relocate to be closer to family. As a result, you may wonder what to do with your current property. Instead of risking selling your home in a bad economy, you may decide to turn it into a rental home. This can be a great option for those looking to earn passive income as they wait for the market to be in the seller's favor. Once you’ve made the decision to turn the property into a rental, you now face the challe…
Top Tenant Complaints and How to Solve Them
Tenant complaints are an inevitable element of leasing out your property. Even with the best-maintained property in the neighborhood, there’s always a chance for minor conflicts to arise. That said there are steps you can take to maintain an amicable atmosphere? Known for their passion for real estate, the team from Evolve Real Estate and Property Management has put together this article. Continue reading to find out how to solve the top complaints from tenants. By following these tips, you can ensure that your tenants stay at your property …
Becoming a DIY Landlord? 8 Mistakes to Avoid
Did you become a landlord by design or by default? Either way, following a few simple rules, can help you maximize your income and protect you against potential legal issues. The following are the 8 mistakes you’ll want to avoid as a landlord. Mistake #1: Not Having a Written Lease Agreement A lease agreement is a contractual legally binding document between you and your tenant. It runs for a specific length of time and highlights important rules that your tenant must abide by. Therefore, without having one, it’ll be nearly impossible for you…