Risks of Having a Vacant Rental Property
Owning and renting out properties can be highly profitable, providing landlords with a consistent revenue stream as well as the opportunity for long-term gains. However, real estate investments come with their fair share of risks. One such risk is the possibility of having a vacant rental property. An empty property may result in the loss…
Read MoreIs a Month-To-Month Lease Better for Landlords?
In the ever-changing real estate landscape, landlords may often find themselves assessing the benefits and drawbacks of various lease types to improve their property management approaches. The month-to-month lease is one such option that has grown in popularity when renting out homes. To help, the team at TrueNest Property Management put together this article; it…
Read MoreHow To Write a Good Property Listing
With hundreds of homes being listed for rent every day, the rental market is more competitive than ever before. If you want your property to get more visibility, increasing the chances of finding great renters quickly, you need to know how to correctly advertise your rental. One of the keys to a successful rental property…
Read MoreHow to Conduct a Tenant Walk-Through Inspection
Property inspections are a surefire way to ensure your rental property is always in good shape and your tenants are honoring the terms of the lease, be it a fixed or month-to-month lease. In addition to regular inspections throughout the tenancy, landlords must conduct move-in and move-out inspections. By doing an initial walk-through inspection with…
Read More9 Tips for Building Stronger Relationships with Your Tenants
Becoming a successful landlord in Broward County, Florida, has its unique challenges and responsibilities. One of the most important aspects of successful property management is building and maintaining positive relationships with your tenants. Tenants who are content and happy, are more likely to extend their stay, take better care of your property and pay the…
Read MoreCosts That Landlords Don’t Notice They’re Accruing
Being a landlord can be a rewarding investment, offering a steady stream of income and potential for long-term financial growth. However, amidst the excitement of owning rental property, many landlords overlook hidden costs that can significantly impact their bottom line. In this blog post, we’ll discuss the expenses landlords often don’t notice they’re accruing, shed…
Read MoreInvesting in Out-Of-State Property
Investing in rental property means approaching real estate opportunities as they arise. While it may not be ideal, sometimes the best option might be to invest in a property out-of-state. Investing in such a property might offer you a chance to diversify your portfolio or acquire an under-valued property. To make the process easier, the…
Read MoreWhat Landlords Should Know About Move-Out Letters
While renting out a property, there might come a time when you have to ask a tenant to vacate the premises. To smooth out the process, protect your investment, and leave your unit in the best condition possible, it’s recommended you have a move-out letter ready to be used. What is the purpose of such…
Read MoreWhat Maintenance Issues Are Emergencies and What Can Wait for Regular Business Hours
Managing a rental property may mean having to work outside of regular business hours. There may be emergency maintenance tasks to perform outside of the normal 9 to 5. Since not all maintenance requests are considered emergencies, it’s important to know how to distinguish normal maintenance issues from ones that require an urgent response. Managing…
Read MoreImportant Factors for Real Estate Investing
There are many things to consider and learn before investing in real estate. Here are some vital factors that need to be considered prior to property investing. Where Is the Property Located? Location matters. Whether in-state or out-of-state, you need a property address that is in heavy demand to get the best investment returns. The…
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