Before I jump into the topic of who pays for what on a rental property, let me say that contracts trump all. If you sign a contract that gives away your rights or requires you to pay for uncommon expenses, it doesn’t matter what’s “typical.” You have to comply with the contract. When you own … Read more
Hey, I had the opportunity to give away another one of my Schat’s Bakery gift cards with this column, since it was in response to a question from a reader. The reader asked, “What are the costs and benefits of hiring a property management company to deal with my rental property, and what’s typically required … Read more
The real estate market continues to evolve into a seller’s market. Prices are up, inventory is down, and buyers outnumber sellers. However, if you would rather rent than buy right now, here are some tips on how to be a savvy renter. Find a property that fits your needs. You can find places for rent … Read more
Owning a home isn’t right for everyone, which is why many people invest in rental properties. This week I’m sharing my thoughts on how to prepare a home to be rented, and what it means to be a good landlord. To prepare a home for rent, consider these six suggestions: Really clean your house. As … Read more