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When a tenancy comes to an end, there are several steps that a landlord must take to make the property rent-ready for new tenants. To prepare a property for the marketing process, land qualified tenants, set the standard for cleanliness, and protect the property’s value, an end-of-tenancy cleaning is essential. The following is what landlords need to know about end-of-tenancy cleanings: The Significance of End-of-tenancy Cleaning Setting expectations for how clean your property should stay throughout the tenancy is something you can do by ensur…

One of the hallmarks of a successful rental business is having a well-maintained rental property. Maintaining a habitable unit helps in tenant retention thus securing a more steady rental income. It can also lead to having happy and satisfied tenants. In contrast to single-family properties, rental units require more regular maintenance due to the building’s size and the number of occupants you’re servicing. As a landlord, your duty is to be aware of your maintenance responsibilities and them carry out properly. Likewise, renters have their o…

It’s the goal of every landlord to attract long-term tenants. This is because, among other things, long-term tenants mean having a steady stream of rental income as well as cost savings on rental advertising expenses. That said, attracting a long-term tenant isn’t always easy. It can be a difficult process, especially if you’re just starting or are in a competitive marketplace. Luckily for you, there are a couple of proven strategies you can implement to help you attract and retain tenants. They are as follows: Market Your Property Consistentl…

The ideal tenant is what every Orlando landlord strives to find. That is, a tenant who respects others, looks after their property, abides by the terms of the lease agreement, and above all else, makes timely rent payments. That said, it’s not always easy to find tenants of this caliber, especially for first-time landlords. There are numerous steps you need to take to find a fantastic tenant. You must employ effective marketing techniques to beat the competition and secure the tenant you want. Without effective advertising, your rental won't d…

Investments aren’t created equal. They all come with different levels of commitment, risks, and outcomes. The right investment will ensure you grow your income over time. But perhaps the million-dollar question is – what kind of investment is right for you? Stocks and real estate investments are arguably the most common investment options. If you came here because you are facing a dilemma in which option to choose, this article is for you. In this piece by State Property Management, we’ll walk you through 5 reasons you should invest in real es…