Many renters overlook car rental additional driver fees. Whether you plan on sharing the driving or just want additional flexibility, it can be convenient to add another driver your rental contract. But at $10 per day or more, this charge adds up quickly—unless you find a way to avoid it...
Tenant screening is one of the smartest steps to make your property management experience as headache-free as possible—and protect your investments. Here are some things to keep in mind: Certain qualities you should seek usually indicate top-notch renters, as well as indicators that an ...
Legal capacity:You need to be legally competent to enter into an agreement with your insurer. If you are a minor or are mentally ill, for example, then you may not be qualified to make contracts. Similarly, insurers are considered to be competent if they are licensed under the prevailing r...
Belize’s Qualified Retired Persons program requires you to be over 45 years old; have $2,000+ in income from Social Security, pension, or annuity; stay in Belize 30 consecutive days annually; and pass a criminal background check. As part of the program you can import a car and/or ...
They will legally be able to use the money in the account – for college or anything else – when they turn 18. 6. Invest in Mutual Funds There's no limit on what you can invest in mutual funds, and of course, the money doesn't have to go toward college. But what you earn...
Property tax is paid by individuals or legal entities, such as corporations, that own real estate. A tax is assessed on an individual's primary residence, second home, rental property, and other real estate they may own, such as commercial property. Property tax isnot assessed to rentersin ...
The responsibilities of the utilities are passed on to the renters. So, no utility payments for you! You can partner with a professional property manager who will handle things like screening potential renters, adhering to rental laws, and handling home repairs andmaintenance. ...
Though the vast majority of tenants are respectful renters, many landlords will have to deal with the eviction process occasionally. It’s an unfortunate part of the job that’s stressful for everyone involved, which is why it’s so important to screen tenants ahead of time in order to find...
Furthermore, it’s crucial to have a legally binding lease agreement in place when renting out your converted investment property. The lease agreement should outline the rights and responsibilities of both parties, including rent payment terms, security deposit requirements, rules for property use, ma...
Signing a rental lease agreement for the first time can be exciting. However, interpreting these legally binding contracts can be slightly confusing, and what you don’t know can come back to bite you later. What is a rental lease agreement? A rental lease agreement is a contract between a...