Property Damages By Tenants That are Beyond the Security Deposit
A security deposit is your protection against any damages caused by tenants during their stay. However, there are times when the damage caused by tenants is so severe that the repair or replacement costs exceed the amount of the security deposit, putting you in a...How to Determine Which Type of Investment Property is Right for You
If you are considering investing in a Merced property, the chances are that you are a bit bewildered about the best type of property to invest in. The city has multiple assets, including single-family homes, condominiums, residential homes, townhouses, and commercial...How to Calculate the ROI of Your Investment Property
The term Return on Investment (ROI) is used as a prime indicator of the profitability of the stakeholders in the real estate domain. It is the amount of profit earned through investment compared to the percentage of the investment cost. Hence, getting an accurate...The Unexpected Costs of Owning a Rental Property
Rental investment is a wise move for earning a passive income. However, it is not a one-time investment, as it seems. It has other hidden costs that have a significant impact on your finances. Landlords often overlook these additional costs and fail to meet their...First Steps to Take When Your Tenant Doesn’t Pay Rent
Owning an investment property and running a successful rental business can be a fulfilling experience. However, like any business owner, you may have to deal with unanticipated situations and experience be ready to deal with financial ups and downs. Non-payment of rent by the tenants is one such situation that disrupts the owner’s cash flow.