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Does It Pay to Save Old Tenant Improvements?

Yahoo! Finance posted a great article on tenant improvements to properties and whether they are beneficial or a downfall to making your next sale.  What do you think? Can tenant renovations benefit your next rental opportunity or is it a potential pitfall? 

Comment below and let us know your opinion on this topic.

 

 

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7 Tips For Finding the Right Tenant

Read these 7 tips and share them with friends, family, colleagues or anyone in the real estate industry! This can be the key to getting the right tenant through the door!

 

1.  Hire the right property management team: Real Estate Management Advisors is the way to go!

2.  Keep in touch with the market rents: Make sure you aren’t under/over renting your property

3.  Treat your renters well: It will encourage them to stay AND they might refer others to you

4.  Neutral decor: Just keep it simple

5.  Landlord and Tenant laws: Know them! Keep up-to-date with current laws regarding tenancies and your rights as a Landlord

6.  Landlord and public liability insurance: Always, always, always insure your property for protection against lawsuits, etc.

7.  Have all agreements in writingIt is the law.  And it avoids any misunderstandings from both parties. 

***Be  sure to comment and be heard!  We want to know what you think!

 

Content provided by tenantscreeningnews.com

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3BR/2BA Single Family Home w/ Open Patio and Spacious Backyard, Now Available

3BR/2BA Single Family Home w/ Open Patio and Spacious Backyard, Now Available

Call us TODAY to view this comfort-style single family home located in Lauderdale Lakes, FL. With tile flooring throughout, this home features like-new appliances, family room, den area and walk-in closets!

Contact Brian McCafferty today for a chance to view this gorgeous property! (561) 221-0900

Zillow.com: Beware of Overpaying for Home Features

Zillow.com’s latest blog post is an interesting find, describing how buyers and sellers view home features during the selling process.  While seller’s attempt to get the most out of their one-of-a-kind home garden or beautifully renovated kitchen design, buyers may just find these features to be extra work to maintain or nothing worth hiking up the home’s value.
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Click here to read more on this topic and be sure to comment on your thoughts!

 

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Before Becoming a Landlord, Add Up The Costs

FloridaRealtors.org posted a great article on the newest trend of buyers purchasing vacation homes to make a greater income.  Statistics presented in the article showed that 92% of vacation home buyers were interested in renting out their home within a 12 month span.  Furthermore, 76% stated that an increase in income influenced their decision to do so.

Click here to read more on the rising interest in second home ownership to build greater income and how to avoid high costs when deciding to become a Landlord.

 

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