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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…

Landlords should not allow their tenants to rent their properties without signing a lease agreement – especially if you want to make them long term. A lease agreement is a legally binding document. Among other things, a solid lease agreement sets out the expectations that the landlord has of their tenant. As a landlord, it’s important that you create a solid lease agreement to avoid potential confusion or misunderstanding with your tenant. This is why we at Brentwood Square have prepared the following is a guide on making a solid lease agreemen…

Long-term tenants largely contribute to the stable earnings of a landlord. It leads to less out-of-pocket expenses and effort in marketing a vacant unit and screening prospective renters. Although it sounds like a challenge, gaining steady renters in a competitive rental business landscape can be simple, if you follow the right advice. At Brentwood Square Property Management, we have put together the following tips for gathering renters that stick around for a long time in your rental property: Consistently Market Your Property Since turnovers…

Are you looking for qualified renters to stay on your property? Tenant screening is essential for a variety of reasons! For one, it helps reduce the chances of needing to evict the tenant for lease violations down the line. It also ensures a more steady rental income. What’s more, a tenant screening can aid in preventing damage to your property. You might find yourself having to undertake more frequent repairs and renovations if you rent to someone who doesn't take good care of the property. In other words, vetting tenants is an integral part o…