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Are you a landlord with a property sitting vacant? While it may seem like a minor setback, an unoccupied rental can lead to various unexpected challenges and risks for you and your rental property. From security concerns to financial losses, the implications of a vacant property are not always obvious but can have significant impacts on your investment. In this article, Liberty Real Estate Services will explore the various risks associated with having a vacant rental property, providing you with the insights and strategies you need to protect…

New landlords often have to decide whether to rent out their properties for a longer period or on a short-term basis. Short-term leases have less than a year of rental duration, whereas traditional or long-term leases cover a year or two of the rental period. Before making up your mind, you need to consider what rental term suits your property. This guide by Liberty Real Estate Services will discuss the advantages and disadvantages of month-to-month leases, helping you decide when you should choose them. What Is a Month-to-Month Lease? When ta…

If you are a property investor, it may have crossed your mind if it is better to hire a property manager or manage your rental home on your own. Before choosing an option, it is best to review first the main duties expected from a landlord. This way, you can assess better if you can completely manage all the tasks yourself or need dedicated support from a professional team. Keep in mind that some of these responsibilities can equate to sacrificing your time and can also be costly if done on your own. Main Duties of Landlords Here are some of t…

Real estate investment is a lucrative venture that can provide landlords with a steady income stream and long-term financial security. However, achieving success in real estate requires careful consideration of various factors. In this article, we will delve into the crucial elements that landlords should prioritize to ensure profitable and sustainable real estate investments. Location The geographical positioning of a property plays a pivotal role in its success. A prime location ensures a steady stream of potential tenants, higher property v…

For new investors, the terms used in real estate investing can be confusing. However, the more often you encounter these words, the more confident you can become at communicating with the other professionals that you meet. Taking the time to get familiar with these terms not only increases your confidence in carrying on a conversation with real estate specialists, but it can also help facilitate your transactions faster. What Common Real Estate Investing Terms Should You Know? 1. Rental Property There’s no doubt that you’ll come across this wo…