When my partner and I bought our first investment property in 2008 in the city, our initial plan was to hire a management company. At that time, we had a management operation in the suburbs where we managed around 400 units and a couple million square feet of commercial space. The new location was away... Continue Reading →
10 Security Deposit Tips, Tricks & Hacks for Landlords
Security deposits don’t protect the average landlord as well as they think. In fact, for the typical landlord, the security deposit protects against only one thing: minor tenant-caused damage to the property. What doesn’t it cover? To begin with, it doesn’t cover major damage to the property. For example, the security deposit may cover re-carpeting one room,... Continue Reading →