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Renting Out a Condo: Your Guide to Becoming a Landlord

Redfin

First and foremost, familiarize yourself with the rules and regulations of the condo association or homeowners’ association (HOA) governing your property, as they may have specific requirements or restrictions related to renting out units. HOAs have rules and regulations, some of which may restrict or even prohibit rentals altogether.

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17 Common Event Planning Mistakes and How to Avoid Them

Social Tables

Ignoring local policies and regulations Rules and regulations can vary from town to town and city to city. Event planners who fail to research local policies, regulations, and restrictions could end up paying expensive fees for violating policies. Are their venue parking regulations, or street-parking restrictions?

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The Ultimate Guide to Buying a House in North Carolina

Redfin

Get pre-approved from a lender Getting pre-approved from a lender is equally important with several significant benefits. This includes paying closing costs, signing the mortgage documents, and obtaining homeowner’s insurance. These natural hazards can cause significant damage to properties and belongings.

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Project Left Unfinished? What to Do When a Contractor Doesn’t Finish the Job

Redfin

Be sure to research what the maximum is in your state to ensure your unfinished contract work falls within limits. If the case is complex and you feel you would benefit from some legal counsel, seek the guidance of a legal professional before deciding your next move. A typical amount these claims are capped at is $10,000.

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How to Set Up Your Home as a Rental Property

Redfin

When renting out your house, you’ll need to understand how much rent to charge to make sure you cover all of your costs, such as a mortgage, property taxes, insurance, utilities, and still be able to set aside some funds for maintenance and upkeep. Protect yourself and your property with insurance. List your home on rental sites.

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Everything You Should Know if You’re Considering a Month-to-Month Rental Agreement

Redfin

A tenancy-at-will is often a verbal agreement instead of a written lease contract. Month-to-month tenancy can also benefit landlords looking to increase rents regularly, complete renovations or improvements at the property, or consider selling your house in the near future. Renter’s insurance requirements. Length of tenancy.

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Vacation Rental Management Company: Business Model and Growth Strategies Overview

AltexSoft Travel

Administrative tasks – property managers also often handle taxes, insurance, utility payments, etc. Its fee depends on the property type and market, and on top of that, it charges for a bunch of additional services like home automation, insurance, linen program, and much more. Partnerships. you provide. Local legislation.