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Much has been said and written about property being a stable asset for an investor. And while this can be attributed to the type of asset, it can also be partly attributed to the quality of the tenant leasing the space. If a landlord wishes to enjoy the full benefits of investing in real estate, it is advisable that they retain a quality tenant. A quality tenant pays their rent on time, complies with the terms of the lease agreement, and takes care of the property. With such a tenant, you won’t have to worry about incurring high tenant turnover…

It is crucial to keep your rental property in good condition to ensure tenant safety and retention. From regular property inspections to seasonal maintenance, there are a lot of things you must do to ensure your rental is always in good shape. Emergencies are an unavoidable aspect of owning a rental property. Sometimes, you and your tenants may miss issues like a leaky faucet before it’s too late. However, there are some times where issues like appliance malfunction can wait until regular business hours. Our team of experts at DRP Management…

Landlords, have you ever considered the advantages of investing in real estate compared to the stock market? In the world of investments, it's crucial to weigh your options carefully, and for many, real estate emerges as a superior choice. This article delves into the compelling reasons why real estate investment can be more beneficial than navigating the often unpredictable stock market. From tangible assets and steady income streams to tax advantages and inflation hedging, real estate offers a unique blend of security and growth potential. …

Apart from ensuring that your rental is habitable for your tenants, you must also know how to address tenant complaints. Among the common complaints you may encounter from your tenants, some of them are associated with noise. As a landlord, you need to resolve these noise concerns immediately, knowing that other tenants have the right to quiet enjoyment of their dwelling. You must follow a proper procedure in order to resolve the complaint. In this article, our team at DRP Management has brought together the necessary steps in order to take ca…

When the time comes for tenants to leave your rental, things can get hectic, especially if they were long-term tenants. After all, arranging the move and ensuring everything in the property is in good condition can be stressful and time-consuming for your renters. That’s why it’s not uncommon for tenants to leave things behind upon their departure. An issue that many landlords face is having to deal with mail from previous tenants. Before moving, renters should inform the USPS of their upcoming address change. Unfortunately, they don’t always d…