rental

Steps for turning your house into a rental property

Steps for turning your house into a rental property

There are many reasons for using your property as a rental. Maybe your home has been on the market for a long period, and you've determined that you can't sell it at a value that allows you to break even. Maybe you inherited or were gifted a property that you don't want to sell. Or you may be among the many property owners who want to supplement their income by becoming a landlord. Regardless of the...

Setting up a month-to-month rental

Setting up a month-to-month rental

Month-to-month rentals can be a great way for landlords to fill vacancies until they find a long-term tenant or sell their property. However, setting them up properly is an important part of ensuring a successful rental experience. Otherwise, you may face time-consuming issues like resigning contracts or getting the court’s help to evict a tenant. In this post, we explore how to go about setting up a...

Successfully advertise your rental with social media

Successfully advertise your rental with social media

There’s no arguing that social media is a powerful tool when it comes to marketing. Content posted across all of these platforms has the chance to reach a broad, diverse audience and be viewed by thousands of people. Many landlords are realising the benefits of using digital marketing to advertise their vacant rentals. In a highly competitive market, finding new tenants can be hard work. Using social...

Rental scams to look out for

Rental scams to look out for

Let’s face it, the rental world is not immune to scammers. In fact, you might have had your own experience with a rental scam. Or perhaps you’ve heard stories from friends, family, and coworkers about their own experiences with scammers. We are all vulnerable to scam artists, even if we never think it would happen to us. Luckily, there are ways you can protect yourself from rental scams. Read on to...

5 tips for a winning rental application

5 tips for a winning rental application

It is common knowledge that the rental market is fiercely competitive So, how to get a rental property? How can you give yourself the best chance of being a successful applicant? Well, it all begins with a winning rental application. Securing a rental home can be a daunting and frustrating process. So, here are 5 tips for a winning rental application. 5 tips for a winning rental application In a...

How to make a rental house your home

How to make a rental house your home

The prospect of renting a home is becoming more and more common as a consideration for families both young and old. Not just as the booming property markets continue to shrink affordable opportunities to buy in many of the world's urban centres. But also as an alternative for short term comfort, intermittent necessity or long term financial gain. Just because you’re renting, it doesn’t mean you can’t...

How to attract millennials to your rental property

How to attract millennials to your rental property

Any property owner or manager looking for tenants should seriously consider millennials. To start with, most millennials are at a stage in their lives where renting is the most practical option. Although the majority of millennials are working, most have not yet accrued enough resources to own property. As such they prefer to rent than to buy property. Here are a few tips on how to attract millennials to...

Writing a rent increase letter

Writing a rent increase letter

From time-to-time, every landlord finds themselves in a position where they have to increase rent. However, you must decide if increasing rent will have any bearing on your tenants renewing their lease. If you decide to proceed with a rent increase then you need to provide the tenant with notification to that effect. Usually, this is in the form of a friendly letter specifying the increment amount and when...

Rental property life cycle

Rental property life cycle

As most property owners will confirm, the road to successful investment property management is not easy. If you are one of those that considering acquiring an investment, it can be quite daunting. However, it all comes down to how well educated you are on investment property issues. One of the most important aspects that you need to have a firm grasp on is the rental property life cycle. Let us commence by...

Renovating your investment property

Renovating your investment property

One of the biggest decisions an investor has to make is when to renovate their rental property. As an investor you don't get to take advantage of the outcome by living in the home personally. However, a well maintained property not only ensures happy tenants but may increase income from your investment. Here's a look at the right time for Renovating your investment property. Why it's important to...

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