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Rental property upkeep is essential for both real estate investor or owners and a tenant. Well-maintained rental properties not only ensures a pleasant living experience for residents but also protects the landlord's investment. Regular maintenance can prevent costly repairs, extend the rental properties lifespan, and enhance property value. By law, landlords are required to provide a habitable living space for their renters. This means that they are responsible to repair maintenance issues in their properties within a reasonable timeframe. Fai…
Continue Reading...When renting out your home, it's very important to have a lease agreement. While inexperience can make it seem daunting to create a lease, you can manage by following a list of easy steps. Opting not to have one can mean facing problems later on so it’s best to have a written agreement on hand. Some landlords may think that a verbal agreement is more convenient but landlord-tenant relationships can shift and to settle disputes, a lease can be a reliable reference. Having a great lease can help keep things running smoothly from move in to move …
Continue Reading...When creating an ad for your Plymouth rental property, you should already have an idea of how much to charge as rent. You can’t assign a random price or set it on a whim. It should be properly considered. Coming up with an accurate rental price requires careful planning. The more optimal the rental fee, the better your income and the more renters you can attract. What should you check before setting the right rental price for your Plymouth rental? You can start by evaluating your competition. Research rentals that are similar to yours based …
Continue Reading...Part of owning a Plymouth investment is advertising it when it’s vacant. When it's been sitting vacant for a while, it will only reduce landlords' income since they need to spend on marketing and maintenance. To land high-quality occupants, landlords must learn how to strategically advertise it. Why Is Rental Advertising Important? No matter how impressive your Plymouth rental property is, if no one is aware of its features and amenities, it will still remain unoccupied. To build interest, you must aim to attract more prospective tenants by dis…
Continue Reading...As a landlord in Massachusetts, you have legal obligations to abide by. Among these is the FHA. It is a federal housing law that requires mortgage lenders, home sellers, and landlord to engage in non-discriminatory practices when it comes to housing matters. Violating the federal Fair Housing law can not only hurt your reputation, but can also make you liable to hefty fines. In today’s article, we’re going to explain the Fair Housing law in detail so you can become an even better landlord. What Is Fair Housing? The fair housing law were first…
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