by Michael Leafer | Apr 28, 2021 | Uncategorized
Why Property Management Fee Is a Tax-Deductible Expense When you own a rental property, the responsibilities include purchasing monthly rent and paying the required building expenses. You are also supposed to screen prospective tenants, maintain the property as per...
by Michael Leafer | Apr 28, 2021 | Uncategorized
Inspecting your property is essential and a personal decision depending on the kind of property you are renting, the type of tenants you attract and the type of relationship you want to establish with your tenant. Property inspections will help you assess the...
by Michael Leafer | Apr 11, 2021 | Uncategorized
Investing in real estate is a great mechanism to diversify investments. Nonetheless, it is suitable for real estate investors to be familiar with managing different types of houses. Such information will help you make well-informed decisions and handle their...
by Michael Leafer | Apr 11, 2021 | Uncategorized
Whether you are an experienced landlord or just getting started, thinking about your taxes can be a huge hassle. It is important that you are ready when the time comes so that you can quickly and easily get your taxes completed. Are property management fees deductible...
by Michael Leafer | Mar 28, 2021 | Uncategorized
Inspecting your rented property is an important way to check on its condition throughout the tenants’ lease. It offers you a chance to address small maintenance and repair issues before they become bigger, as well as a chance to make sure your tenants are...
by Michael Leafer | Mar 28, 2021 | Uncategorized
The importance of regular property visits cannot be overemphasized. Chances are, property managers may fail to pinpoint significant problems that could be fatal had they done the regular inspection. Therefore, it is crucial to find the right balance so that...
by Michael Leafer | Mar 16, 2021 | Uncategorized
Having the best tenants is every landlord’s dream. Waking up to zero phone calls from tenants due to loud noise and disturbance in the middle of the night from a new tenant is an incredible experience. How can I get such tenants? Well, screening...
by Michael Leafer | Mar 16, 2021 | Uncategorized
Rental properties are great profitable investments. On the other side, some rental properties can suffer low profitability due to some reasons, such as poor management. Since renting protocols or becoming a landlord can be so complicated and stressful, the next...
by Michael Leafer | Feb 21, 2021 | Uncategorized
The eviction process can be engaging, but it does not have to be stressful. As a landlord, you could be prompted to evict a tenant. There are many reasons you could decide to evict a tenant, but the most common ones include: Non-payment of rent Habitual late payment...
by Michael Leafer | Feb 21, 2021 | Uncategorized
Even after doing everything right from checking criminal backgrounds, credits and calling previous landlords and references, there’s still a chance you’ll stumble upon a bad tenant. As a landlord, this can be very frustrating and more so thinking about how...
