As a landlord, one of the most challenging issues to address is pest control. While many landlords offer pest control as part of their lease agreements, we have chosen not to. In this post, we aim to explain why our lease does not cover pest...
Renting to Section 8 tenants can provide landlords with several benefits, including guaranteed rental income, long-term tenants, and government assistance with tenant screening. However, there are also potential downsides to consider, including the stigma surrounding the program and potential property damage. One of the biggest advantages...
As society has evolved over the past century, so have the laws regarding residential evictions. The first modern eviction laws were established in the early 1900s, as lawmakers recognized that property owners deserved the right to take legal action when tenants failed to pay rent....
Are you a property owner in Syracuse or the surrounding areas? Managing your own properties can be time-consuming and overwhelming, especially if you have multiple units or properties spread out over different locations. That's where Renpro Property Management comes in. Our experienced team provides a...
Introduction: As a real estate investor, one of the most significant benefits you can take advantage of is depreciation. Depreciation is a tax deduction that allows you to deduct the cost of your investment property over time. By claiming depreciation on your residential real estate investment...
Real estate investing can provide a range of benefits beyond just rental income and appreciation. One of the most significant benefits is the ability to reduce your income tax liability through depreciation and losses. In fact, it's possible to reduce your income tax to $0...
Real estate investing can be a lucrative way to build wealth, but it's important to consider all of the potential revenue streams beyond just rental income. While rental income is a significant source of revenue, there are other commonly missed sources of income that can...
BiggerPockets is a popular online community for real estate investors, with a large database of resources and advice for those interested in real estate investing. While BiggerPockets can be a great resource, following investing advice from the platform can be dangerous for those new to...
[caption id="attachment_478" align="alignleft" width="300"] Keys on a counter, representing a successful cash for keys deal.[/caption] As a landlord, dealing with a problem tenant can be stressful and time-consuming. Evicting a tenant is a difficult and expensive process that can take months, leaving the property owner with...
[caption id="attachment_475" align="alignleft" width="300"] A lease agreement is a crucial legal document for property managers and tenants.[/caption] As a property manager, it's important to have a clear understanding of your legal obligations to avoid any potential legal issues. Failure to comply with legal requirements can result...
