Security deposits are important because they can help cover any damage to the property that is beyond normal wear and tear. Most of the time, security deposits are also used to cover any unpaid bills and rent.
Depending on the state where your rental property is located, the amount of the security...
As a property owner, you should put much consideration into the amount of rent to charge your tenants. You must set a price that will allow you to make a profit, but it can't be so high that you face vacancies.
It goes without saying that you can't just make up a number. There are many different e...
The term normal wear and tear is something that you're is bound to encounter when renting out a property.
However, there is usually a lot of confusion as to what the term actually means and how it applies to North Carolina landlords.
In this article, we'll walk you through everything you nee...
When it comes to property investment, rental income is the lifeblood that keeps everything running smoothly. Rental income is what makes a property self-sufficient by covering the operating expenses, taxes, and outstanding debt. It’s also a source of passive income for the investor and, therefore, i...
What Maintenance Issues are Emergencies and Which Can Wait for Regular Business Hours?
June 1, 2023, 5:57 am
As you may know, property management is not limited to normal working hours. You can expect a tenant to call you at any time of the day or night to report emergency property maintenance issues.
So, how do you handle this?
There are some 'emergency' issues that can wait until the morning, and the...
