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What to Do with Mail from Previous Tenants: Guide for Landlords

By Alexander Hassoulas | Aug 24, 2023 | Comments Off on What to Do with Mail from Previous Tenants: Guide for Landlords
Title "What to Do with Mail from Previous Tenants: Guide for Landlords" in lime green letters over a pastel green background, an assortment of green cartoon houses below it

Renting out a property and owning a rental business has its own fair share of advantages, but just like any other business, these benefits may come with obstacles and obligations. As a landlord, one of these may be handling mail from previous tenants. When a tenant leaves, they may leave a trail of mail behind…

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Mastering the Art of Rent Collection: Strategies for On-Time Payments

By Alexander Hassoulas | Aug 24, 2023 | Comments Off on Mastering the Art of Rent Collection: Strategies for On-Time Payments
Title "Mastering the Art of Rent Collection: Strategies for On-Time Payments" in lime green letters over a pastel green background, an assortment of green cartoon houses below it

A successful rental property business depends on timely and consistent rent payments, as landlords require them to pay bills and maintain their properties. However, collecting rent can come with its challenges.  As a landlord, it’s important to employ efficient rent collection strategies that strike a balance between firmness and understanding and guarantee timely payments. To…

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How to Finance Investment Property

By Alexander Hassoulas | Jul 19, 2023 | Comments Off on How to Finance Investment Property
Title "How to Finance Investment Property" in lime green letters over a pastel green background, an assortment of green cartoon houses below it

While investing in real estate may be more reliable than other investment options, acquiring a property can prove challenging. However, with the necessary knowledge and right options, like financing or paying cash, aspiring property owners can easily embark on their rental business successfully.  The team at Limehouse Property Management has put together the following article,…

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Dealing With Noise Complaints

By Alexander Hassoulas | Jul 19, 2023 | Comments Off on Dealing With Noise Complaints
Title "Dealing With Noise Complaints" in lime green letters over a pastel green background, an assortment of green cartoon houses below it

As a landlord, you must understand the significance of addressing tenant complaints swiftly and effectively to maintain a harmonious environment for your tenants.  This comprehensive guide delves into the art of dealing with noise complaints. From understanding the factors determining a complaint’s validity to implementing strategies for resolution, we’ll equip you with the knowledge and…

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Why You Should Invest in Real Estate over the Stock Market

By Alexander Hassoulas | Jul 5, 2023 | Comments Off on Why You Should Invest in Real Estate over the Stock Market
Title "Why You Should Invest in Real Estate over the Stock Market" in lime green letters over a pastel green background, an assortment of green cartoon houses below it

Investing is the best way to put your money to work and build your wealth over time, and there are tons of investment options to choose from. A great option is to invest in the real estate market. Many investors prefer it because it comes with many perks, such as earning passive income and growing…

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Rental Property Marketing Mistakes

By Alexander Hassoulas | Jun 21, 2023 | Comments Off on Rental Property Marketing Mistakes
Title "Rental Property Marketing Mistakes" in lime green letters over a pastel green background, an assortment of green cartoon houses below it

No one likes vacancies. After all, a vacant rental is more vulnerable to risks such as theft and property damage, and may signify a loss of income. Luckily, you can attract a wide pool of prospective tenants quickly by effectively marketing your rental property. Unfortunately, many landlords don’t know what it takes to successfully market…

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How to Know if Your Rental Meets Safety Standards

By Alexander Hassoulas | May 30, 2023 | Comments Off on How to Know if Your Rental Meets Safety Standards
Title "How to Know if Your Rental Meets Safety Standards" in lime green letters over a pastel green background, an assortment of green cartoon houses below it

As a landlord, you should always strive to provide a safe and secure environment for your tenants. Ensuring that your rental property meets the state and city’s safety standards protects your tenants, helps your rental business maintain a positive reputation, and minimizes your liability.  By taking the time to assess various aspects of your rental…

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Costs That Landlords Don’t Notice They’re Accruing

By Alexander Hassoulas | May 30, 2023 | Comments Off on Costs That Landlords Don’t Notice They’re Accruing
Title "Costs That Landlords Don't Notice They're Accruing" in lime green letters over a pastel green background, an assortment of green cartoon houses below it

Being a landlord comes with its fair share of responsibilities and expenses. While some costs may be obvious and easy to track, there are certain expenses that landlords often overlook or underestimate.  These hidden costs can easily add up and eat into profits when left unattended—which can have an adverse impact on the overall financial…

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6 Best Ways of Retaining a Tenant

By Alexander Hassoulas | Apr 25, 2023 | Comments Off on 6 Best Ways of Retaining a Tenant
Title "6 Best Ways of Retaining a Tenant" in lime green letters over a pastel green background

For a rental business to thrive, it’s important to establish good relations with the tenants and encourage them to stay long term. Learning how to attract the best renters is the key to gaining steady returns. Finding and keeping superb-quality renters requires following a series of steps.  When landlords value and respect their renters, they…

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End of Tenancy Cleaning

By Alexander Hassoulas | Apr 25, 2023 | Comments Off on End of Tenancy Cleaning
Title "End of Tenacy Cleaning" in lime green letters over a pastel green background

After their tenancy expires, it’s a tenant’s duty to return the property as clean as they received it and perform an end of tenancy cleaning. This process is facilitated by having an end of tenancy cleaning checklist, and including any specific expectations in the lease agreement.  To help you better understand this aspect of managing…

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