Just like your home, a rental property requires upkeep and outgoing expenses like mortgage payments, taxes, insurance, utilities, and regular maintenance. In our post, ‘Is Your Investment Property Rent Ready or Sell Ready? What’s the Difference?’, we mentioned how rental properties require more upkeep due to the increased wear and tear. Certain aspects of the…
The Atlantic hurricane season runs from June 1 through November 30 In the wake of last year’s hurricane Matthew, now is a great time for rental investors to review their insurance coverage before it’s too late. Typical hurricane seasons average 11 named storms. This year they are predicting between 15 to 18 tropical storms and…
In a previous blog article, we discussed the benefits of accepting renters that own pets. Today we are going to look into the matter a little deeper. What about renting to tenants that have service animals? If you, as the landlord, have decided that you definitely do not want animals in your units, you could…
The long and short of it… Have you considered short-term rentals? This would include vacation rentals, families that have closed on their first house but not on the second, college students or temporary workers. Large corporations often prefer to rent a house for a short time versus paying the hotel fees for new or temporary…
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