Managing Your Property: Tips as a Landlord to Find Good Tenants
August , 24 2022 
Buying Property, Renting Property 
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How To Manage Your Rental Properties As A Landlord?
Managing rental property involves a number of tasks. Such tasks usually have to do with complying local building codes, making sure tenants are taken care of and staying up to date with the local housing market.
Below are effective tips to help you assume the role of a landlord.
Tip #1 – Screen Tenants
Carefully screening rental property tenants is the assurance that both the property owner and company would be rid of issues or headaches that go along with managing a property.
To find good tenants, a great idea is to perform a check on the tenants to ensure they are not blacklisted, talk to us at Minus The Agent and we can organise a check for you.
Tip #2 – Do Everything to Find Good Tenants
Tip #3 – Invest in Landlord Insurance
Landlords, irrespective of the number of properties they own, have to constantly check that their properties are kept in good order. Obtaining landlords’ insurance policy coverage safety helps them deal with any emergency if it arises.
If you haven’t got landlord insurance coverage, better ask a local insurer in your area and make some enquiries.
Tip #4 – Know Your Rights as a Landlord
For your protection against bad tenants, know your rights as a landlord. Learn the latest laws applied in your state on landlords and tenants, so that you know where you will stand in case of a breach of contract. Remember, as much as the law protects the rights of tenants, you too as a landlord have every right as mandated by law.
Tip #5 – Find the Tax Credits You Are Entitled
Did you know that as a landlord you are entitled to tax credits on your rental properties? If you aren’t fully aware of the current tax rules that can be applicable to your investment properties, visit your local state’s tax office and know more about the deductibles you can claim. You can also consult a financial adviser to discuss these tax issues and be enlightened.
To List your property for rent and to find good tenants with Minus The Agent, click here: www.minustheagent.com.au/signup-before-listing/
