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Dealing with property damage caused by tenants is a stressful situation.Though property damage can happen to even the most responsible landlord, that doesn’t mean that there aren’t measures you can take to avoid such a serious problem. To lessen your risk of property damage caused by tenants, we’ve put together a list of measures that have worked well for our clients. Screen Prospective Tenants Screening prospective tenants is a proven measure to avoid future damage of your rental property. And it’s one of many reasons that you can trust Mark…

Landlords have many responsibilities after they rent out their properties. One of these involves resolving tenant complaints. Despite renting to the best tenants, complaints are an issue that you’ll inevitably come across at some point during a tenancy. When tenant complaints come up, you’ll want to handle them quickly and efficiently to keep your renters happy. The last thing your tenant will want is having their concerns delayed or not addressed at all. That would be a recipe for high tenant turnover rates, among other things. Generally spe…

Choosing the right tenant to live in your rental property is key to how successful the overall investment will be. The right tenant will, among other things, care for your investment property, make timely rent payments and communicate with you readily regarding maintenance. But how exactly do you find the right tenant for your rental property? Well, you start by screening your prospects thoroughly before allowing them to move into your rental property. To help you with this, we at Mark Thomas has put together the following is a quick guide to…

Accommodating pets can have many advantages for a real estate investor. But before deciding to welcome pets in your rental property, it’s important to study the benefits and drawbacks to determine that you’re ready to welcome pet owners in your rental home. Remember that deciding to be a pet-friendly rental space means that you need to add a pet addendum to your leasing agreement. So, with this in mind, we at Mark Thomas Properties have put together this article to help you make an informed decision. Benefits of Accepting Tenants with Pets Whe…

There are many reasons why you would want to rent out your property. You may have invested in a property and are looking into making a profit through leasing it out. You may also be relocating, and rather than selling your home, you opt to rent it out instead. No matter the reason, renting out property is a proven way of generating viable income. It helps you pay off the mortgage and earn a profit. As easy as it sounds, managing your rental property is not a walk in the park. However, if you can stay organized by having a plan and following u…