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Top 5 Mistakes New Landlords Make and How to Avoid Them

Real Property Management Evertrust

Underestimating the Costs of Maintenance The Mistake: Some new landlords think the rent they collect is pure profit, forgetting to budget for inevitable repairs and maintenance. The Fix: Budget for ongoing and unexpected maintenance. Preventative maintenance can also save you money in the long run.

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How Can You Break Your Lease Without Penalty?

Bay Property Management Group

How Can You Break Your Lease (in Philadelphia and Elsewhere) In Pennsylvania, there isn’t an explicit regulation beyond what is outlined in that document: There is no stand-alone right to terminate a lease early, and many lease agreements do not allow a tenant to terminate early.

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The Top 10 Mistakes Colorado Springs Property Owners Make (And How to Avoid Them)

Muldoon Associates

Ignoring Maintenance Issues There are so many mistakes that can be made with maintenance, from ignoring preventative services to hiring the wrong vendors and contractors. The worst mistake you can make as a rental property owner, however, is delaying or ignoring maintenance needs. Be responsive.

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6 Essential Rental Property Maintenance Practices

Property Management Inc.

When it comes to a landlord's long-term success, there is nothing as important as property maintenance. Here are six essential maintenance practices you can implement for a winning property maintenance strategy. Having the tools and materials to do routine maintenance tasks can make things much smoother.

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Essential Maintenance Tips for Gardena, CA Landlords: Ensuring Property Upkeep and Tenant Satisfaction

Real Property Management Choice

Assembling a list of essential maintenance tips is a good idea because as most landlords know, a well-maintained home attracts high-quality residents, brings in higher rents, contributes to tenant retention, and leads to a more profitable investment experience. It’s also important that you educate and work with your tenants.

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Modified Gross Lease: What You Need to Know

Authority Property Management

Getting into a lease agreement without paying attention to detail can potentially put you in a position where you’d be held over a barrel. It is important to ask questions, seek professional counsel, or educate yourself before you opt-in on a lease agreement.

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Navigating the New Era: The Comprehensive Impact of AB12 on California's Property Management Industry

Authority Property Management

Maintenance and Repair Mandates: Requiring landlords to address maintenance issues more promptly. Tenant Rights Education: Mandating educational programs for tenants on their rights and responsibilities. Investing in technology and streamlining maintenance processes will be crucial to maintaining profitability.”