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The Benefits of Owning a Rental Property in Charlotte, NC


Are you still trying to figure out whether or not you should invest in Charlotte, NC real estate?

Here is a short list of reasons why you should:

  • A rental property guarantees you passive income.
  • The chances of your real estate investment depreciating in value are rare.
  • There are a lot of tax benefits that come with it.
  • You get to become your own boss.


Rental Property Repairs: What are the Differences between a Restoration Professional, General Contractor, and Handyman?

Repairs on a rental property in Charlotte

Wondering whether your project needs a restoration professional, a licensed general contractor, or a handyman? Knowing the difference between the three is essential for you to make the best decision for your investment property repairs.

If your rental property has water damage, mold damage, or fire damage, you might be faced with questions of who to hire for repairs.

You will be working closely with the company over the course of a week, a month or even a year if the damage is serious. (more…)

Who’s Responsible for Maintenance? The Tenant or the Landlord?


Without a clear and comprehensive lease agreement, the landlord-tenant relationship may become compromised. This is especially true when it comes to key aspects like property maintenance.

Creating a properly detailed lease or rental agreement before renting out your property will ensure a smooth tenancy. If the idea of drafting one yourself seems daunting, consider hiring a qualified property management company to do it for you.

When it comes to responsibilities, not everything is straight forward. Some may be defined by your state’s landlord-tenant law, while others may be contained in your lease agreement. (more…)

Understanding the Fair Housing Act – What You Should Know


No landlord should intentionally discriminate against prospective tenants looking at their rental property. Although, even landlords with good intentions could inadvertently use language that the Department of Housing and Urban Development find discriminatory.

For instance, you could state “Seeking military members to rent” in your rental advertisement. This statement is in violation of the Fair Housing Act. Although you may have just thought you were supporting the troops.

You’d also be violating the Fair Housing Act if you stated “Child-free families only” in your rental listing. You may feel that the neighborhood is not suitable for small children (no schools nearby, playgrounds, or sidewalks), but the fact is, that ‘familial status’ is a fair housing protected class. This means that you cannot use familial status as a qualifying standard when screening tenants. (more…)

Top Questions to Ask Potential Charlotte Tenants


As a property owner in Charlotte, finding the best tenant is a dream come true. Good tenants pay on time, care for the property and alert you when maintenance issues arise.

No doubt, finding good tenants is a critical part of being a landlord. Equally important is weeding out potential delinquent rent payers and rule breakers. This all starts with a systematic screening process.

The process begins before you’ve even started taking rental applications. It begins the moment prospective tenants call you to view the property. You can quickly and easily screen good tenants from bad ones with a prepared set of pre-screening questions and interview questions.

Below are 10 questions that will help you find a good tenant for your Charlotte rental property. (more…)

How Often Should You Inspect Your Charlotte Rental Property?


When living conditions are good, it’s no doubt that your tenant will enjoy their new home. And, a happy tenant means higher tenant retention!

But, how do you ensure this? Simple, by regularly inspecting your Charlotte rental property.

As a landlord, it’s your job to conduct a rental property inspection and check on the property. This helps you ensure your tenants are abiding by lease terms and fulfilling their duties. If not done often enough, you may miss some potentially serious issues. (more…)

Tips to Get the Most Out of Your Rental Property


Aside from having vexing tenants, a landlord’s second-most stressing issue is often how to maximize income from their rental property.

As a rental property owner, there’s only so much you can do to make an extra dollar. But, it’s possible to get the most out of your properties if you follow a few smart tips. All it takes is a little creativity and a mutually beneficial relationship with your renters.

So, what can you do to make more money from your real estate investment? (more…)

Top 11 Questions to Ask When Hiring a Property Manager


A property manager can make all the difference between a poorly maintained property that causes you problems and a well-maintained rental property that earns you money. Thus, finding a good property manager is critical to your investment success.

Of course, all property managers aren’t created equal. So, how do you ensure you hire the right one? Well, you can start by asking the right questions. Here are some questions to ask when hiring a property manager.


Buying Investment Property in Charlotte, NC – Things You Need to Know


Real estate has created more millionaires than any other business. Over the past two decades, retail real estate has created an average annual return of 10.8%, according to data from the National Council of Real Estate Investment Fiduciaries Index.

In Charlotte, specifically, the real estate market is at an all-time high. Twenty-seventeen was especially a strong year for the Queen’s City.  Investors will be particularly pleased to hear that the hot streak continues into 2018.


Breaking a Lease in North Carolina: What You Should Know


A lease is a contractual agreement between the landlord and a renter. It defines the duties and responsibilities of each party during the life of the tenancy.

Generally, breaking a lease refers to moving out of the rental unit before the end of the lease period. The reasons why tenants move out can either be legally justified or not.

When justified, you only need to provide the landlord with sufficient notice. However, when the reasons are not justified, penalties will be imposed.

If you are a North Carolina tenant, here’s everything you need to know about breaking a lease.


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