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Everything You Need to Know About Home Warranties

Is a home warranty worth the investment? The answer: it depends. 

There are a number of factors that canaffectthe ROI on a home warranty.Read on to find out what you need to know.

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Avoid Losing Money by Protecting Yourself Against Lease Breaks

When you’re in the property managementbusiness, you need to protect yourself against lease breaks, which are residents’ failuresto fulfill the terms of their leases. Surprisingly, most leases, even those created by professional property managers, do not have proper language around lease breaksin...

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How a Lease Can Maximize Your Profit and Minimize Your Stress

Have you ever heard of a lease with a price sheet for repairs? If you haven’t, you’re not alone. In fact, many property owners make the mistake of keeping their leases too rudimentary, covering just the basics: when rent is due, whether or not pets are allowed, who pays for utilities, and who’s...

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How to Manage Vendors and Contractors

Not all vendors and contractors are created equal and requirements vary by property and company. Regardless of size and property type, always do your due diligence when selecting a vendor or contractor. In order to manage vendors and contractors effectively, efficiently and to get fair market value for...

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How to Determine What Rent to Charge for Your Rental Property

Whether you are renting a home for the first time or are in the process of negotiating a rental renewal for an existing property, pricing your rental for quick occupancy is vital to your success as a property manager. You don’t want to price it too low and miss out on putting more money in the bank and...

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Everything You Want to Know About Security Deposits but Are Afraid to Ask

Security deposits are designed to protect landlords from tenant damage to the property and nonpayment of rent. Seasoned landlords understand that collecting a security deposit from a tenant is nearly as important as collecting the monthly rent. This one-time, refundable fee (as long as the tenant leaves...

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3 Things Institutional Managers do Differently that Create Superior Investment Returns

One of the most important decisions an owner of a single family rental home makes is how they are going to have their property(ies) managed. Traditionally there have only been two options available to owners:

  • Manage it themselves
  • Hire a third-party fee manager

Today, with Haven Homes' Institutional...

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Stop Thinking Rent and Start Thinking Profit & Return

Many owners of single-family rental properties make the mistake of focusing on rent as the barometer of performance and success. They wonder, what is the most I can charge per month, yet still remain competitive? Or, how can I increase my rent and put more money in my pocket without losing my tenant?

...

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