Tips to Prevent Tenant Damages to your Rental Property
While a rental property can generate cash flow for an astute investor, damages can have the potential to significantly reduce your earnings. So as a landlord, you will want to minimize any damage to your property by incorporating some practices in your management, particularly if caused by your tenants. To help landlords in Marietta and North Atlanta avoid costly damages to their rental property we at Avalon Property Management have put together the following article with tips on how to effectively prevent tenant damages. Create a Tight Leasing…
Georgia Security Deposit Limits and Deadlines
A security deposit is a vital element of the leasing process and a valuable shield for landlords. But it's just as important for tenants to understand how their security deposit is used and moreover, what a tenant can do to ensure that their security deposit is returned to them. We at Avalon Property Management want to ensure all our tenants have had a great experience with us and part of that is making sure the property is in the same condition as it was when a tenant moved in. We have put together this article to give you an idea of how any …
Collecting Rent on Your Marietta Rental Home
Rent collection is what turns your property into a cash-flowing investment. So, making sure you have an accurate and effective solution for collecting your rent is incredibly important. To help you develop the rent collection methods you can apply in your Marietta rental home, we at Avalon Property Management have put together the following article: Consider These Strategies Rent collection strategies can vary. So, when you select one, it's best to consider what works for you personally. Here are some factors to consider: How Many Tenants and H…
What Is "Implied Covenant of Quiet Enjoyment"?
Your tenant gets certain rights once they sign a lease or rental agreement. One of these rights is the right to the quiet enjoyment of their rented premises. It goes without saying that this fundamental right exists whether or not it’s mentioned in the lease. A tenant’s right to peace and quiet is anchored in law as the “Implied Covenant of Quiet Enjoyment.” As a landlord, you have a responsibility to adhere to all its stipulations, or you may find yourself in legal trouble. Failure to abide by this crucial piece of legislation isn’t without co…
What to Include in a Rental Agreement
A lease also referred to as a rental agreement, is a legally binding document between a landlord and the tenant. Creating a solid agreement is key to establishing a harmonious relationship with your tenants. Regardless of the style and type of lease you have, the following are the terms that it should cover. Including these terms will go a long way in minimizing any confusion or misunderstanding that may arise later on during the tenancy. Names of Tenants Make sure that the lease captures all names of adult tenants who will be living in the ren…