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Do I need landlord liability insurance? key benefits and tips for adequate coverage

MRI Software

Whether it’s a disagreement over maintenance responsibilities or an injury claim, legal fees can add up quickly. Property age and condition: Older properties may have increased risks, leading to higher insurance premiums. Regular maintenance and upgrades can help lower the cost of your liability insurance.

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The Importance of Rental Property Maintenance and What It Involves.

Authority Property Management

This is one of the common questions many property owners ask. The answer is simple, rental property maintenance keeps your rental unit in good shape and makes it appealing to existing and prospective tenants. Therefore, in the long run, investing in maintenance and repairs saves you money.

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How to Invest in Real Estate: Guide for Beginners

American Apartment Owners Association

Between looking for properties, acquiring them, marketing, property management, looking for tenants, collecting rent and scheduling building maintenance and repairs, theres always something to do! If youre not a do-it-yourselfer, you can always hire repair companies to fix damage and perform routine maintenance.

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How to Invest in Real Estate: Guide for Beginners

American Apartment Owners Association

Between looking for properties, acquiring them, marketing, property management, looking for tenants, collecting rent and scheduling building maintenance and repairs, theres always something to do! If youre not a do-it-yourselfer, you can always hire repair companies to fix damage and perform routine maintenance.

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What is the Average Cash Flow on a Rental Property?

American Apartment Owners Association

Thats why its important not to look at any one particular rule as a measuring stick for what constitutes good cash flow for your rental property. The 1 percent rule is another common one among rental property investors. It helps them determine a propertys cash flow potential quickly.

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What is the Average Cash Flow on a Rental Property?

American Apartment Owners Association

Thats why its important not to look at any one particular rule as a measuring stick for what constitutes good cash flow for your rental property. The 1 percent rule is another common one among rental property investors. It helps them determine a propertys cash flow potential quickly.