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Setting the Late Fees and Grace Periods for Rent

Setting the Late Fees and Grace Periods for Rent

Landlords and property owners are business-oriented. They may like their residents and even have friendly relationships with some of them, but the bottom line is that they expect the rent to be paid on time each month. It is a reasonable expectation -- and one that...

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What am I Obligated to Fix as a Landlord?

What am I Obligated to Fix as a Landlord?

Rental properties provide owners with lucrative investment opportunities, but the job also comes with responsibilities to the tenant. Various federal, state and local laws require that landlords maintain a safe and habitable space for their tenants. Consulting an...

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Costs to Expect When You Rent Out Your Property

Costs to Expect When You Rent Out Your Property

Do you know what costs are associated with renting out your house? Not every expense is an obvious one. Sure, you may need to conduct repairs over time, and you may even decide to pay for certain utilities for your tenants. However, a handful of expenses exist that...

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Why Your Rental Contract Should Address Cannabis Usage

Why Your Rental Contract Should Address Cannabis Usage

Not so many years ago, it would have been unthinkable for landlords and property managers to include an official stance on the use, possession, and cultivation of cannabis by the residents living in their apartments, condo units, and rental homes. That's because...

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Understanding Your Lease Agreement Terms

Understanding Your Lease Agreement Terms

You found a dream home and got approved! The next step is signing the lease. Most tenants don’t even read the lease agreement before they sign it, but not only should you read it, but you should understand what to look for. During the lease term, many tenants reach...

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Rental Walkthrough Tips

Rental Walkthrough Tips

What is a Rental Walkthrough? A rental walkthrough is a process of documenting the condition of a property before a tenant moves in and then again after the tenant moves out to check if there is any damage and if the tenant’s security deposit should be charged....

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