Whether it’s spelled out in the lease or not, every rental agreement includes an “implied covenant of quiet enjoyment.” This legal guarantee is a fundamental tenant right under state law, and landlords cannot waive it—even with language to the contrary in a lease. Yet many landlords and tenants alike misunderstand what quiet enjoyment actually means. …
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This is a tricky question—and one that doesn’t have a one-size-fits-all answer. There are pros and cons to allowing tenants to improve your property, and the risks and rewards can vary widely depending on the situation. But before we dive into the decision-making process, one thing needs to be absolutely clear: The lease must define …
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When you’re considering what to do with your rental property, it can be tempting to sell, especially if the market is hot. But before you make a move, it’s worth taking a moment to think about the long-term picture. Selling may give you a quick cash boost, but holding onto a rental property – especially …
Continue reading “Don’t Lose Your Low Interest Rate: Keep Building Wealth Instead”
Summer is just around the corner, bringing sunny days and rising temperatures. As the mercury climbs, your rental property’s HVAC system needs to keep up. As a landlord, it’s your responsibility to ensure that your rental units remain “fit and habitable” for tenants – and that includes providing functional amenities like air conditioning. Even if …
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Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – March 2025 “limited options and high costs in the for-sale market are causing potential home buyers to delay their purchases, leading many to seek single-family rentals as an alternative. “ Typical Rent: $1,784 (2.8% increase year over year) Single Family: …
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Renting to pet owners can be both rewarding and challenging. As of 2023, pet ownership in the U.S. has risen to a new high, with 70% of households owning a pet. This surge, highlighted by the American Pet Products Association (APPA), reflects a shift in lifestyle priorities, with pets playing an increasingly vital role in …
Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – February 2025 “Demand for single-family rentals is expected to remain strong until affordability in the sales market improves.” Typical Rent: $1,767 (3% increase year over year) Single Family: $2,201 (4% increase year over year) Multifamily: $1,529 (2% change year …
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A Worthwhile Read for Real Estate Investors – Particularly Beginners As a real estate investor, especially for beginners, navigating the complexities of taxes can be one of the most daunting aspects of building your portfolio. That’s where The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland comes …
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Renting to a Friend: A Seemingly Perfect Plan When I first became a landlord, I had no idea what I was in for. I had just purchased a house, which meant I needed to rent out my condo. As luck would have it, a friend of mine was looking for a place to live. It …
Continue reading “My Experience as a First-Time Landlord: A Costly Lesson”
The many benefits of owning rental properties are well known. Unlike other investments, real estate offers multiple avenues for profitability, including monthly cash flow, property appreciation, equity growth from mortgage paydown, and the ability to use depreciation to reduce tax expenses. ALL GOOD THINGS! Of course, it’s essential to report income, expenses, and depreciation accurately …
Continue reading “Tax Time – Your Rental Property Meets April 15th”
