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To be a successful landlord, it is vital to learn the differences between month-to-month leases and conventional ones, so you know when is best to offer each. A month-to-month lease is typically a short-term one and is well-suited to landlords who aim for flexibility when renting out their properties. Whereas more conventional leasing agreement generally lasts 12 months. So, if you’re considering offering a renter a month-to-month lease, we at Brentwood Square Management recommend that you study the specific benefits and drawbacks of this lease…

It was once enough for landlords to use free utilities to entice renters to sign a leasing agreement. But the rental market has changed and many niche markets have sprung up, catering to individual needs of a variety of different tenants. Among the variety of things that renters today seek are furnished rental units. Some prospects won’t stay for long in a certain area as they may be completing their studies or other training. Consequently, a furnished rental can be appealing. So, the question a landlord has to answer: “is it worth investing …

Once you’ve found a great tenant, it’s in your best interest to keep them as comfortable and happy as possible. As a landlord, this will benefit your bottom line in a variety of ways. Among other things, you’ll enjoy consistent cash flow, and have peace of mind knowing your property is being cared for. In today’s blog, we at Brentwood Square Management will walk with you through the 7 best tips that can help you keep your renters happy. Rent to the Right Tenant Tenants aren’t created equal. So, your focus should be on landing the best group o…

Before you start advertising your vacant property, it’s important that you get the pricing right. Overcharging or undercharging your tenants will only result in problems for you. When you overcharge tenants, you make your rental property less desirable. Remember, your tenants will research the prevailing market conditions before renting a home. If the rental price you’re charging doesn’t fit the home’s location and/or amenities, they will simply continue with their search. Undercharging your rental will also be bad for your bottom line. As yo…

To be a successful landlord you must consistently maintain your property to keep its value high and your tenants happy. But handling maintenance is a skill that not all landlords have developed. You need to understand how to fix basic problems and who to turn to when you can’t. Additionally, both you and your tenant have specific responsibilities when it comes to maintenance. To help you understand these responsibilities we at Brentwood Square have put together this following quick guide. What Are a Landlord’s Maintenance Responsibilities? Acc…