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PMI Capital District
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Your rentals can always use some home improvement. Here are some quick improvements you can make.
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Are you looking for these key things when buying a new investment property?
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Moving out can be a source of great conflict between the landlord and the tenant, especially when the security deposit is withheld. While conflict is occasionally unavoidable, a move-in/move-out inspection of the property can iron some things out. Having proof of what kind of damage was there before the tenant got there can protect both you and your tenant if disagreements arise.
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As the time comes to file your taxes there are several things you should know in regards to your investment property.
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You can’t control everything on your property but you can take precautions to protect your renters.
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What is normal wear and tear? When has your tenant crossed the line? The definition is easily disputed by landlord and tenant alike and both generally see the issue in their favor. Since it’s an issue that carries so much weight, take a look at this analysis.
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It’s great to do whatever home improvements you can yourself, but some tasks require professional help.
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Getting into property investment is an exciting step. Check out this advice from a few successful investors.
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Your residents expect immediate assistance when they report a maintenance issue or some other problem to you. While it’s not always possible to provide assistance that quickly, you can reassure them and let them know what to expect while you take care of their issue as soon as you can.
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Create a sense of belonging in your community. The more you do, the happier your residents will be.
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