Utilities: Who Should Pay for What and Why
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When it comes to deciding whether you or your tenant should pay for the utility costs associated with your rental property, there are several options to consider. While many landlords choose not to pay any utility costs, others prefer to pay for everything while effectively passing on utility costs as part of the overall rent. Still others pay only for utilities that are unlikely to be overused, or for services that will keep the property in good repair, such as trash collection and regular landscaping.
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5 Tips for Cutting Utility Costs
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Not only are "green" rental properties becoming increasingly trendy as energy issues continue to gain public awareness, energy efficient rentals benefit both landlords and tenants. While landlords reap the benefits of owning premium, highly desirable properties, tenants get to enjoy cozier dwellings and lower utility bills. With this in mind, we've scoured the Internet to compile a list of the top five home improvements that can cut utility costs.
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5 Property Investment Books Worth Reading
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Many new or inexperienced property investors find themselves with a number of people in their ears trying to help them out. Most veteran investors love nothing more than giving novices their two cents about where and what type of property to buy. For the newbie investor, it can difficult to sort through all the opinions, separate the good advice from the bad, and string all the tidbits of wisdom together into a coherrent strategy.
With this in mind, we recommend that prospective property investors swing by the library or bookstore and do some research. While the market is inundated with publications, magazines and books about how to make the most out of a rental property, there are some select releases we especially recommend.
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References
Hiring a Property Manager
- 10 Reasons to Hire a Property Manager
- Choosing the Right Property Manager
- Hiring HOA Management
- Property Management Certifications and Qualifications
- Property Management Fees
- Property Manager or Rental Agent?
Finding and Managing Tenants
- 5 Ways To Show Your Best Tenants The Appreciation They Deserve
- Handling Disruptive Tenants
- Handling Late Payments
- How to Keep Tenants Happy: 10 Tips
- Pet Policies: Best Practices
- Renters' Rights
- Screening Tenants: The Factors That Matter Most
- Where to Find Tenants: How to Advertise Your Property
Rental Property Maintenance
- Finding and Choosing Contractors
- Housing Codes for Residential Landlords
- Property Management Supply List
Rental Law
- Fair Housing Act Explained
- Landlord-Tenant Law: What You Need to Know
- Tenant Evictions
- Your Property Management Agreement: What to Expect
Property Investment
Useful Tools
- 5 Property Investment Books Worth Reading
- Property Management Software
- Property Manager Interview Questions
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