After a successful marketing campaign of your Boston rental home, your next focus is landing the right tenant from your pool of prospects. Other landlords may skip this step and pick a tenant right away with minimal background checking. Though this initially saves time, the decision will have an impact in the future. It’s recommended [...]
A great marketing and advertising campaign can lead to a shorter vacancy period. It also captures the attention of more high-quality renters which can lead to steady returns for your property. Even if you have one of the most amazing rental spaces, if few people are aware of it then it will not amount to [...]
Rental property value can be increased by modernizing the property. You can achieve long-term savings by making wise refurbishment decisions. Landlords must master the art of attracting and retaining tenants. Rental buildings should be comfortable, beautiful, and useful to attract potential tenants. There are various ways to tidy up a place for tenants, from minor [...]
It can be daunting to deal with the maintenance of rental properties. This is understandable since rental homes may contain multiple units and tenants. However, this is a necessity given that regular maintenance is required to ensure your rental property is in peak shape. Property Maintenance Obligations of a Landlord Under landlord-tenant law, property owners [...]
In the rental business, charging the right price for a property might mean the difference between success and failure. Overcharging may make the property unappealing to potential tenants, resulting in longer periods of vacancy. On the other hand, charging too little can eliminate the possibility of maximizing profits. If you're renting a property for the [...]
When you earn regular rental income from your property investment, it can be your ticket to wealth building. However, this is only possible when you have long-term tenants housed in your rental unit. A great thing about having a loyal group of renters is that your property tends to be well-maintained compared to empty rentals. [...]
Are you mulling over the idea of renting out your Boston home? Well, if you are, it can be one of the best decisions of your life. Among other things, both cash flow and property appreciation rates are high. Being a landlord, however, isn’t a quick road to riches. Just like any other profession, you [...]
Massachusetts landlords have many legal obligations when it comes to the lease agreement. Among the bevy of legal responsibilities is strict adherence to the Fair Housing Act. According to the Fair Housing Act, you have a responsibility to treat your tenants fairly and equally in all matters. This applies to everything from screening them to [...]
What are Squatter’s Rights? Squatters Rights are a form of Adverse Possession. Essentially, this means that a squatter may be able to gain ownership rights to your property if they stay there long enough and meet a certain set of guidelines. Therefore, it’s important to familiarize yourself with squatter’s rights in Massachusetts to prevent that [...]
Are you looking to invest in Boston, Massachusetts real estate? Real estate investments are often touted to be a very lucrative income source. However, it’s worth considering that real estate markets can be unpredictable. This highlights the importance of intensive research. As an investor, you need to survey the market and pinpoint regions that exhibit [...]
