Don't Pay the Price: How Much Is the Fine for Renting an Illegal Apartment?

Discovering that you're renting an illegal apartment can be a stressful and unsettling experience. Beyond the initial shock, you're likely grappling with uncertainty about the consequences. How much is the fine for renting an illegal apartment, and what does it mean for y...

How Often Should Carpet Be Replaced in Rental Property?

When you're showing a rental property, what catches the eye first? Often, it's the carpet. This speaks volumes about the importance of proper maintenance in rental properties, especially when it comes to flooring. As a landlord or property manager, have you ever paused to...

The Eviction Process: What Makes a Notice to Quit Invalid?

The national eviction moratorium prevented tens of millions of American families from being evicted for non-payment of rent at the height of the COVID-19 pandemic. This unprecedented move aimed to protect defaulting tenants from experiencing homelessness during the pandemic. The ...

Tips for Showing Your Rental Property

Before you even show the property, you have to market it. You need to let people know it’s available to rent and show them why they should check it out. You want to highlight the best features, show off the property with high-quality photos, and motivate prospective tenants...

HOA Insurance: Why It’s Important to Have Good Coverage

The world of insurance can be a bit overwhelming and confusing unless you’re well versed in it. There’s a lot of legalese. There’s also a lot involved. Some things are covered while others are excluded. It’s hard to know what insurance covers what.When it ...

Why Homeowners or Condo Insurance Is Necessary and the Difference Between the Two

Is homeowners or condo insurance necessary if a person lives in an HOA? The answer is yes. This is because the HOA or condominium’s master policy won’t cover everything.An HOA master policy will cover the shared areas in an association. However, it won’t cover p...

What You Should Know About Insuring a Commercial Property

Whether you’re a landlord or a tenant, it’s important to know what type of protection is needed for a commercial property. The landlord and the tenant should both have some protection. Landlords will most often have specific requirements for what a tenant needs to hav...

What Tenants and Landlords Should Know About Renter’s Insurance

What’s the deal with renter’s insurance? As a landlord, do you really need to require it? Are you even allowed to require it by law? As a tenant, should you really pay for it? Is it worth it? In this blog, we’ll dive into this topic and explain the benefits of r...

What Fees Are Required for Purchasing and Running a Residential Rental Property?

Residential investment properties can be a good source of income. In fact, they can even be a passive form of income if you hire a property manager to do the work for you. While they can be a great investment, there are also a number of fees that any property owner should be awar...

How to Prepare Your Space for a Lack of People

No matter what business you’re in, there will be times when a building is bustling and times when things might be a little slower. Say for example, you own a strip mall property. You know that over the holidays more people will be coming and going from the building. Some of...