Because a rent increase letter can cause awkwardness or tension in the tenant-manager relationship, it’s usually a good idea to keep each notice short and to the point. Generally speaking, follow the “less is more” rule. Find a template that works for you and repeat it. Be sure your ...
you generally want a return on your investment. Understanding how to increase the rental value of your property is one way you might succeed at it. While an increase in passive income is a fair goal, there are other reasons landlords may want to upgrade their property, such as tenant retent...
Condos for rent could be advertised by a property agent or a direct owner (yes, even owners are DIY-ing it), but either way, you can still go through the tenant renting process without engaging a professional. We’ve put together a guide to bring you through how to rent a condo on y...
If the tenant does not move out before the date mentioned in the eviction notice, the landlord can file a lawsuit. In California, there are different types of eviction notices depending on the violation: 3-Day Notice to Pay Rent or Quit: If the tenant has failed to pay rent, this notice...
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Increase Price and Likelihood of Selling By doing either the vacant or occupied staging, homes typically sell faster and for a higher price. Think about how you feel if you walk into a place that you want to straighten or fix things versus a place where you could imagine living there right...
a base rent that he absolutely needs in his commercial lease calculation, then have the tenant pay a percentage of its retail gross income in addition to this base rate. Retail sales should rise and enable the tenant's ability to pay higher rent if the location is a good one....
If he is ready to increase rent, have understanding with him. Enter into a rental agreement with definite terms and eviction procedure. Discuss with your lawyer. P. Venu(Expert)27 September 2020 The tenant could be got vacated only through the due process of law, that too, on ground specif...
Rent tends to remain the same during the term of a lease, however, when you renew your lease, your landlord may increase the rent. The frequency and amount that your landlord can increase your rent differs by province and territory. In most cases, ...
Here's an example: You buy a rental property on May 15. After working on the house for several months, you have it ready to rent on July 15, so you begin advertising online and in the local papers. You find a tenant, and the lease begins on Sept. 1. As the property was placed ...