Most tenants expect to pay a security deposit before renting a property. This financial “safety net” can provide the property owner with some collateral in case the renter(s) causes damage that must be fixed, leaves without paying all utility bills (if billed in the...
As the U.S. works its way out of the historically low interest rate environment that it has been languishing in for over a decade, mortgage rates have followed suit. Unfortunately, this has made borrowing money for both personal residences and investment properties...
As a landlord or residential rental property owner, there are many rules you need to follow, such as equal housing, allocation of tenants’ funds, and accessibility – and not abiding by these can end up costing you. The good news is that there are resources available...
Today, many home sellers work to “sweeten the deal” by offering a home warranty with the property. These plans typically help pay for the cost of repair or replacement on major home systems like the furnace and water heater, as well as appliances such as the...
As the owner of residential rental property, you are likely well aware that items may be damaged or broken in your investment home(s) and/or units. In some cases, it could be the fault of the tenant(s). However, in other instances, it could be that a particular piece...