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Should I Use a Professional Property Manager?

Real Property Management Chicago

Is a professional property manager the right choice for your rental property? Professional property management can make owning (and profiting from!) rental properties a hassle-free experience for you. appeared first on Real Property Management Chicago Group.

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Can a Landlord Break a Rent-to-own Contract?

Bay Property Management Group

This guide will explain everything you need to know about rent-to-own properties. Understanding Rent-To-Own Contracts When you enter a rent-to-own agreement, youre essentially signing two deals in one: A regular lease agreement with the plan to buy the property at the end of the lease.

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What Is A Lease Violation and How To Prevent Them

Bay Property Management Group

If the landlord files for eviction, you could be forced to leave the rental property before the end of your lease. And it doesn’t stop there: your eviction could leave a glaring mark on your rental history, making future landlords wary. Needless to say, you want to avoid this outcome if at all possible.

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How Long Does a Landlord Have to Replace a Refrigerator?

Bay Property Management Group

Some of the biggest things to consider are: Lease Agreement Terms If your appliance has stopped working, your first step is to see your lease. Some leases explicitly state whether the landlord is obligated to repair or make a replacement. appeared first on Bay Property Management Group.

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A Complete Guide to Renting Out Your House

Bay Property Management Group

Heres some of the main landlord-tenant laws you need to keep in mind : Maintenance: You are legally obligated to keep your rental property habitable. Also, you must conduct regular inspections on the property. Taxes: You are required to pay taxes on your rental income. Always put this first.

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What Is A Rental Arbitrage? A Guide For Landlords

Bay Property Management Group

Effectively, tenants profit from rental arbitrage by charging subletters more for the rental than what the tenant paid for it originally. How Does Rental Arbitrage Work? Let’s take a look at how rental arbitration works. Is Rental Arbitrage Legal?

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Feeling Worn Out? Seven Signs It’s Time to Hire a Property Manager

RL Property Management

If managing your rental property constantly pulls your attention, it’s more than just inconvenient. Every hour spent managing your property is an hour youre not spending on your career, with your family, or on other investments. A professional property manager can take these tasks off your plate completely.