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Many people choose to rent a home with a roommate or romantic partner. Learn 5 tips for handling co-tenancy rentals and the unique issues that come with them. Keyword(s): co-tenancy The number of households renting their home has increased to 36.6%. As more people choose to rent a home with a roommate or partner, co-tenancy rentals are becoming more popular as well. As a homeowner or investor, you'll want to prepare yourself for any co-tenancy issues that could pop up. Here are five tips for handling co-tenancy rentals. With these tips, you can…

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Are you relocating to a new area and unsure of what to do with your current home? More than 35.5 million Americans move to a new place each year! While relocating for work or to be closer to your family can be a lot to undertake, another important consideration is what to do with your current home. As you plan your next move, you may be asking yourself, "Should I sell or rent my house?" Read on to learn about the things to consider before you make this important decision! The Distance You Are Moving A great place to start when you are deciding…

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What Is Landlord Insurance and Why Do You Need It? Want to understand how landlord insurance can provide you with extra protection? Then check out our complete guide to landlord insurance and why you need it. Last year 43,000 new homes were built with the purpose of becoming rentals. With foreclosures becoming less plentiful, real estate investors are looking to buy new. With this increase in investment, landlord insurance is more vital than ever. If you own rental property, it's a great source of additional income. You need to protect this inv…

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No one likes the idea of rising costs; whether it is at the grocery store, gas station, or the rent. Most people work hard to maintain a budget and do not appreciate having to pay more. As a landlord, you understand both sides. You know all too well the cost of doing business in real estate and also sympathize with having to tell your tenants that the rent is going up. So, can you raise rent and not lose good tenants? Yes, you can if you follow a few simple steps. Know the Market Value Before you consider any increase, know where you stand f…

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Millions of evictions occur every year. Chances are you've landed on this page because you're in a situation of needing to do the same. Even though you've asked tenants questions before accepting them, you can't foresee all potential issues that may arise. Going about the eviction process in a concise, straightforward manner is crucial. It's fair to the tenants and to yourself later down the line, if you end up going to court over the matter. Here are some considerations when writing and delivering an eviction notice. Terms of the Lease There h…

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