For property maintenance, some landlords opt to go with service providers on an annual basis. Landlords do this simply because they don’t have time or resource to do it. But is it really worth it? Imagine paying a whole year of service then finding out there were no issues. Should you have chosen to get a specialized service on an hourly rate? Let’s find out the answer.
Tenants paying rent on time and being responsible is what every landlord want. However, they will still encounter troublesome tenants every now and then. That’s why some of them seek assistance from property management companies to address it. But how do we identify this kind of tenants in the first place?
Raising the rent can be a tough but necessary measure. To inform your tenant(s) about the raise, you need to write and send the rent increase notice. Today, we’ll not delve into how to write a rent increase notice, so let’s consider you already have one ready.
When buying a property, what comes to your mind aside from living in it? It’s going to be an investment, right? How can you make it an investment? Have it rented out. However, renting out a property means you need to manage it as well. The question is do you have the time to do that?