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Real estate is a lucrative but complicated industry to be a part of. It's important for both landlords and tenants to know their rights as well as the law in their state or area. A rent-to-own contract is a popular agreement for landlords and tenants. It's a unique blend of renting and owning a property. However, the question arises: can a landlord break a rent-to-own contract? Whether you're considering beginning the contract or are already in one and have questions, it's important to understand all the details of this agreement. This guide wi…

April 15, 2024, is the last day to file your taxes from last year. The IRS expects more than 128.7 million tax returns to be filed before the deadline. Landlords might think of tax season as chaotic, but it doesn't have to be. The best real estate accounting software can do most of the legwork for you. You don't really have to do anything if you also hire a property manager. First and foremost, you need your accounting system in place. Even if you outsource the task, you'll want something that makes sense to you. After all, it is your business.…

Employment of property managers (and related careers) is expected to grow by about 5% over the next decade. As more and more landlords choose to be more hands-off with their property investments, more property managers are necessary to help out and fill in the gaps. Are you thinking about hiring a property manager for your Memphis property? Perhaps you're actually thinking about being a property manager yourself. Becoming a property manager can't be that hard, right? This job requires several skills if a property manager wants to be successful.…

It's estimated that one out of five individuals live with a mental health illness. While there are a lot of different treatment options for mental health conditions, one increasingly popular option is an ESA or emotional support animal. While these furry companions might help with mental health, they can create some friction between tenants and landlords. This is especially true if you have a no-pet policy on your rental properties. If you have a tenant with a support animal applying to your home you might be asking yourself, When can a landlor…

Wondering what exactly a landlord can check during an inspection of a rental home? Let's break it down simply. Landlords often conduct inspections to ensure everything is in good shape and that you, as the tenant, are taking care of the property. That said, there are rules to follow. So, what can a landlord look at during an inspection? In this handy guide, we'll explore the basics, from checking appliances to respecting tenant privacy, so you know what to expect and what tenants' rights are. Let's get started. What Can a Landlord Look at Durin…