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As a landlord, your goal is to maximize your return on investment (ROI) of your rental property. And the only way to do that is by maximizing your income while reducing your expenses. Be that as it may, it’s quite easy for landlords to find themselves overspending from time to time. The following are common areas where inadvertent overspending tends to occur the most, and what you can do, as a landlord, to mitigate the occurrence. Maintenance Costs For landlords, maintenance is a key responsibility. It’s also an ongoing on that you’ll need to…

Most leases agreements typically require tenants to leave their premises in the same move-in condition, minus normal wear and tear. Yet, this doesn’t always happen. Some tenants leave their premises in a state of uncleanliness and this often leads to disputes over the return of a security deposit. Luckily for both parties, an end-of-tenancy clean can help avoid deposit disputes. In today’s blog, we at Brentwood Square Management will walk with you through everything you need to know about the end of tenancy cleaning. What’s an End of Tenancy …

Evicting a tenant is always a challenging process. Even after successfully evicting a problematic tenant, you might have to deal with other issues, like figuring out what to do with the belongings they left behind.  If tenants leave their possessions behind or is still having mail sent to their old address, you can’t simply throw it away. It’s your responsibility, as a landlord, to ensure that the tenant can retrieve their belongings before disposing of them. Not following this procedure could mean a significant financial loss for you. Every st…

Effective tenant screening can save you from many tenant-related problems in the long run. However, finding suitable renters doesn’t mean you won’t have to deal with tenant complaints. Learning how to deal with these complaints quickly and efficiently is the key to keeping tenants happy. Finding a prompt solution to their problems will allow you to build a better relationship with your renters. Additionally, this will minimize the risks of tenant turnover, as renters who feel like their concerns are addressed are less likely to move out. Most c…

Having a vacancy is something that every landlord will experience. There will also be times when you’ll have extended vacant periods before you can find a new tenant. While this is inevitable, it’s important that you find a replacement as soon as possible. Not only does this impact your return on investment, but it also exposes the property to outside risks. We at Brentwood Square Management Services, Inc put together this article so you would be aware of the possible risks that an unoccupied property will be vulnerable to as well as some tips …