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Recognizing that tenant damage to your property is inevitable is a necessary step in considering rental real estate investments. But that doesn't mean you have to play the passive part. You can take precautions to safeguard your investment and lower the risk of damage. The best team in the area for property services is Redsail Property Management. Here are some pointers for minimizing the harm that tenants can do to your rental property. Thorough Tenant Screening We know from our experience in the local real estate market that the best defence …
Continue Reading...Are you a landlord looking to establish a rock-solid foundation for your rental property? A well-crafted lease agreement is a solid foundation for a smooth and successful landlord-tenant relationship. It is a legally binding contract that outlines the expectations of both parties involved in a rental arrangement. If you're new to being a landlord or want some tips on strengthening your current agreement before signing with a tenant—you've come to the right place! In this post, we'll provide all the information you need to create an effective l…
Continue Reading...Being a landlord isn't just about collecting rent. It's also about keeping the lines of communication open with your tenants. Whether you're a first-time landlord or a seasoned one, communicating with tenants can be difficult. But what is the best channel to effectively reach out to them? In today's digital age, email, text, and phone calls are the top contenders. Each has its pros and cons, so Redsail Property Management put together this article so we can explore and figure out which one works best for you and your tenants. Email: The Moder…
Continue Reading...Understanding what maintenance issues demand immediate attention and what can wait until regular business hours is crucial for keeping a rental property running smoothly. Emergencies can endanger the lives of your tenants and cause serious property damage. In this article, we'll explore what constitutes a maintenance emergency, what can wait to be resolved during regular business hours, strategies for managing emergencies, and how to cultivate positive relationships with maintenance vendors. Additionally, we'll discuss preparation tactics for…
Continue Reading...Each landlord’s ultimate goal is to earn a consistent return on their real estate investment. To achieve this, it’s essential to attract long-term tenants. Long-term tenants will allow you to have a steady stream of rental income for your property and reduce tenant turnover, ultimately saving you time and money. Another good reason to have renters for the long haul is that you can cultivate a positive landlord-tenant relationship and have trustworthy tenants. This article discusses the ways to attract more long-term renters into your rental sp…
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