Tuesday, January 22, 2013

Why it's a good idea to Join a Landlord Association for 2013

Massachusetts is one of the toughest states to own and manage income property. By joining a local landlord association you could be saving yourself some heart ache by: Discovering inexpensive ways to fix up your property and make an apartment attractive. Learning the laws, codes, and permits affecting landlords and tenants before getting started. Learning about insurance and liability issues and what is needed to avoid lawsuits. Determining a competitive rental rate that will cover expenses and bring in a return on investment. Figuring out what it takes to find and keep the best possible tenants, and then do it. Learning to avoid discrimination complaints when marketing and showing the property. Developing systems for record keeping and maintenance logs.