Turning Rental Problems into Real Estate Profits

Maintenance and Repairs Maintenance and repairs; the bottom line is when you own a rental property, just like your own home, just like a car, it’s going to require maintenance and repairs. Now, for some reason, it seems like rental properties require more maintenance...

Turning Rental Problems into Real Estate Profits

Rules and Regulations Violation of the rules and regulation shall be construed as a breach of the terms and conditions and a forfeiture of the lease agreement. The landlord, at the option, may end this lease agreement by notice in writing and tenant may have no...

Turning Rental Problems into Real Estate Profits

The Lease No matter where you are, we always recommend you use the lease from your state’s board of realtors. Sometimes, you may have multiple boards of realtors in a state, so whatever board your area is serviced by, use that board’s forms. And I’m going to emphasize...

Turning Rental Problems into Real Estate Profits

Security Deposits We’re going to start with security deposits. This is a very hot topic. There are some federal guidelines. The landlord-tenant law—the primary body of law—came out, I believe in 1957. It’s known at the Landlord Tenant Act, and most states have adopted...