Why Pet Screening is Always a Good Idea

Why Pet Screening is Always a Good Idea

One of the most difficult aspects of managing rental properties as a landlord or property owner is dealing with renters who have pets. It might be beneficial to rent to pet owners, but it can also be risky. The risk can come in the form of damage to the property, disturbance to other tenants, and other liability issues that can arise. The need for pet screening is therefore critical to prevent these potential risks. Understanding what pet screening is, why it's important, which pets should be screened, how frequently, and its significance will…

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Important Factors for Real Estate Investing

Investing in real estate can be a great way to increase your wealth and secure your financial future. It’s essential to research the options available before investing in real estate investments, such as residential rental properties, commercial properties, and land development projects. However, it’s important to consider factors such as location, safety, real estate laws, and credibility before purchasing an investment property. To maximize your chances of success, consider the following factors before investing. Location Location affects yo…

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How to Prepare your Rental for Winter

Saskatchewan Winters are known for their beauty! However, low temperatures and snowfall can impact your investment properties and the rental experiences of your tenants. As such, it’s essential to prepare your investment properties for the cold Winter months. This will help prevent property damage and keep emergency maintenance issues to a minimum. Keep reading to learn how you can prep your property for Winter weather! Prepare Interior and Exterior Pipes In cold weather, pipes can stall and burst. This can cause major water damage and impact y…

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6 Best Ways of Retaining a Tenant

One of the easiest ways to run a successful rental property is to retain high-quality tenants for the long term. Keeping your best tenants means having a steady rental income, a well-cared-for property, and reduced stress. Finding high-calibre renters may sound easy, but it’s important to appreciate great tenants because it can take a lot of time to land them. Landlords try to limit tenant turnover since it can be costly to find new renters. Some of the expenses you’ll be paying for when seeking new occupants are: Rental ad placements Broker f…

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How to Transition From Part-Time to Full-Time Landlord

How to Transition From Part-Time to Full-Time Landlord

In the current economic climate, renting out an investment property can be a terrific way to supplement your income. If you reside in a larger city, you can even increase your monthly cash flow by a few thousand dollars! If you decide to transition from a part-time to a full-time landlord, you can increase your earnings and improve your bottom line! However, there are factors you should consider before making this change. While being your own boss can be thrilling, it’s important to be prepared to take on all the challenges that come with being…

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