with you by asking for your permission, then they are more than likely willing to work with you to keep the pet. However, if they hide the pet from you, then this can be a negative sign. Once you confirm that your tenants have a pet living in their rental space without your permission, there are a few things that you can do. Charge Them a Pet Fee A pet fee is a monthly fee that is charged to the tenants for owning a pet while leasing the property. The additional monthly fee is meant to take…
In today’s society, having a place to live in is very important. That raise the question of how one should live their lives, should one rent or should one buy a house? This decision is hard to make due to the reason that each of the choices have their own advantages and disadvantages. According to the National Association of Realtors, there will be “five to six million families that will become new renting households in the next ten years.” (Harper 2013) We might ask ourselves, why is there a…
LEASE, made the 1st day of January, 2016 between Luis Alberto Garay, hereinafter called "Landlord" and, Jorge Olguin Serrano, hereinafter called "Tenant(s)." 1. PREMISES/TERM/USE: Landlord agrees to lease to Tenant(s) the house located at 552 Sea Shell Ln, Las Vegas, NV 89110 hereinafter called the "Premises" for a term of 12 months beginning on January 1, 2016 and ending on December 31, 2016, for use and occupancy by Tenant(s) as a strictly residential dwelling. 2. RENT: The rent for the term…
Disadvantages of Owning a Rental Property Tenant Risk You can never be absolutely sure if the renters will pay their rent. Depending on who you rent it to, some may pay their rent on time every month whereas other may pay on a irregular basis or not even pay which makes things harder…
As I remember the days of the tragic Historic Flood that happen on August 13, 2016; in Baton Rouge, LA many of my family members, and friends were affected, and it was very devastating and terrifying all at once. Even though I myself wasn’t affected as much by the Historic Flood I still endured a lot of emotional disbelief for my family and friends. I felt heart broken by what was actually happening to my family and friends, all I could think about at the time was lending out any help I could to…
PROS OF RENTING The main reason why renting is better than buying is because you don't need a capital to do it. You need to have a few months rent as a deposit for the landlord, but they are not going to be as much money as the one needed to buy a house. The second reason why renting is good is because it leaves you free to leave the apartment whenever you want (or with a very short notice period). This is good if your work required you to travel a lot and you need to change where you live…
Roaches seem to be the number one pest of apartment homes. They are a major problem when it comes to pest control because it takes a lot of work to get rid of them. Yet, having roaches can be frustrating, embarrassing and even hazardous to your health. Some people do not have any other option than to live in an apartment community that is being overrun with roaches. There is a lot they can do to address the problem. Read on to learn more about roach pest control for renters. If you choose a…
The term “rent-seeking” was coined by a man named Gordon Tullock in the late 60’s, then became an expression in 1974, by Anne Krueger. Rent-seeking involves seeking to increase an individual or a business organization’s wealth without creating a new wealth. Attempts to capture regulatory agencies to gain a monopoly can result in positive results for the rent seeker in the market while imposing disadvantages on competitors and the economy. The word “rent-seeking” does not as a refer to a…
Texas Commercial Lease Agreement Texas Commercial Lease Agreement is a legal document to govern the lease transaction of the property within the Texas State. The lease agreement is binding on both the lesser and the lessee. This 20 page document template comprises of directives of using the property within the allotted lease period. Furthermore, it directs the code of conduct for both the lesser and the lessee under various situations and conditions. Texas Commercial Lease Agreement has 20…
Rent Control Rent control happens mostly everywhere, but how does it work? When rents of the rental properties are held down below the market rate is called rent control. The government tried to protect poor in high rates of housing from landowners by setting up the rent control (Brownfield, 1975). Thus, the government sets up a maximum rate for the rental properties that landowners can charge to their customers to help people in poverty. When city government “imposes rent control, it means the…