Property managers can be invaluable in helping you take care of your rental properties. And, an experienced property manager will know how to find the best tenant for your rental.
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Tax time is here. And if you own a rental property, you could save a lot of money on your taxes. In fact, there are a plethora of deductions available to investment property owners.
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Even with the most careful management of your rental properties, you are bound to get some complaints from your tenants now and then. Whether it is a leaky faucet, a noisy neighbour or a pest infestation, the way you handle the complaint will impact how satisfied your residents feel living in your property. Here's how to manage complaints like a pro.
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Owning rental properties is a great way to expand your investment portfolio, but managing the day-to-day aspects of those properties can be difficult and time-consuming. If you prefer not to handle these issues yourself, a property manager can make your life much easier. A skilled property manager will be able to attract and keep great tenants, maintain your properties and help you generate income from your investments.
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If you own one or more rental properties, it can be difficult to manage the day-to-day aspects of these rentals while still keeping up with your career and family obligations. What could be an easy, passive income can become a second job in and of itself. To prevent this from happening to you, your best course of action is to hire a dedicated property manager to handle administrative and other tasks.
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Hiring a dedicated property manager for your rental properties can be a great way to alleviate stress and streamline the real estate investing process. However, a manager who is not performing up to par can have serious implications for your rental property as a business. Here are several bad manager behaviours to watch out for. If your property manager meets one or more of these criteria, it may be time to fire them and find a better one.
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