For most of us, cleaning and maintaining a home is a chore—it’s part and parcel of owning a property. However, there’s more to life than keeping the house clean and in good repair.
Managing a property can take a lot of time, from finding the right tenants to making regular inspections and undertaking maintenance.
With the real estate market looking positive for investors with strong tenant demand and plenty of available listings, Bryce saw an opportunity. The chance to secure a long-term investment for his future was too good to ignore, which led him to browse through real estate listings.
There are rules and regulations all landlords should be aware of when conducting tenant screenings and background checks, particularly around the type of information you can ask for and when.
If you’re new to being a landlord, ending a tenancy agreement may be foreign territory—with potential fines if you don’t follow the rules to the letter. Read on to learn the essential steps for ending both periodic and fixed-term tenancies.
Evicting a tenant is an extreme measure—one best avoided if at all possible. But if you’ve run out of options and all attempts to resolve and mediate have fallen through, here’s what you need to know before you proceed.
Regular property inspections are an essential part of being a landlord. From ensuring your investment remains in reasonable condition to fulfilling the obligations of your landlord insurance, there are plenty of reasons why inspecting your rental property is a good idea.
In short, yes. It’s not enough to rely on your body corporate insurance or your tenants’ home and contents insurance to cover you. Landlord insurance will not only protect your property from damage but also provide cover for other tenant-related situations, such as loss of rent.
Ants, roaches, spiders, bees, mice and rats are just a few of the common pest problems homes can suffer from. As a landlord, addressing these issues in your rental property comes with an extra layer that owner-occupiers don’t need to consider.
