Being a landlord is not an easy task. The process of being one might seem a lot easier, i.e., buy properties, make some significant renovations, rent out rooms of your house. But, being a landlord is more than that. To be a successful landlord, you cannot just rent out rooms and sit back. It takes a significant amount of knowledge and experience to gain the badge of a successful landlord. Continue reading
Tag Archives: rentals
Top 5 Mistakes Made by First-Time Renters
Landlord negligence can deeply affect your life financially and medically. As a first-time renter or buyer, it may be overwhelming to keep in mind all steps you need to take to guarantee a smooth tenancy. That is why at RealtyWW.info we have prepared a list of the top mistakes that first-time renters make, to give you a headstart in renting: Continue reading
What Landlords Should Do If Someone Dies on Their Property
If you own a property where a death has occurred, you may find it difficult to dispose of your property. First of all there are laws that can prevent you from taking possession of the property. Secondly, the house’s particular notoriety is something you may be legally obligated to disclose to possible future buyers. Despite these obstacles, all is not lost– or at least it does not have to be. Here are some tips for dealing with a property where a death has occurred.
If You Were Renting the Property Out
If you were renting the property to a tenant who passed and there were no other adult tenants on the rental agreement, then you may not be able to take immediate possession of the property. If the tenant rented the property month to month, then the tenant’s passing can signal a 30 day notice. If the tenant had a longer lease, the death does not necessarily signal a termination of the lease. You should contact the tenant’s next of kin or estate to make arrangements for removal of the tenant’s belongings and any unpaid rent or fees that are not covered by the deposit. Other things that need to be done include:
7 things to know before signing a lease
Submitted by: Chie Suarez
If it’s not possible yet to afford a house or apartment to yourself at this point of your life, your best option for now is to lease an apartment.
It’s exciting to hop on and start searching for cost-effective rentals out there. However, the excitement may overshadow what you really need to look for in an apartment. Many renters have fell in the same trap — envisioning their ideal homes, ignoring the important considerations and landlord policies.
Put aside your ideal home design and decor, prioritize first to look for a good apartment that offers rules you can abide and you’re comfortable with. Continue reading