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As you consider investing in rental real estate, you should come to terms with the inevitability of tenant damage to your property. However, that doesn’t mean that you should take a passive role. There are steps that you can take to protect your investment and reduce the cost of damage. Our team at Fall River Property Management is the leading property service provider in the region. Here are some tips on how you can reduce tenant damage to your rental property. Tenant Screening From our experience in the local property market, screening pote…

When you have potential tenants showing interest in your advertised Fall River rental home, the next logical step is to screen them. While some landlords skip this process or do a basic check, it’s still advisable to design an effective tenant screening process. Your goal is to make sure you have the right type of residents to reduce stress and protect your rental income. Refraining from screening prospective tenants can lead to property damage or possible unpaid rental fees. Identifying Quality Renters As a landlord, you want to ensure the ten…

Renting out your Fall River house can be a profitable endeavor, but selecting the right rent amount is critical in your real estate investment journey. Whether you're a seasoned landlord or a newbie to the rental market, finding the best rental rate is a critical choice that can make or break your investment. Fall River, with its historic charm and contemporary amenities, holds strong appeal for prospective renters. Its picturesque waterfront, cultural attractions, and proximity to both Boston and Providence make it a desirable place to call h…

Are you having a hard time figuring out the best renovations to make for your rental property? This guide is the solution for you! Renovations can improve the quality of life for your tenants. Upgrades such as better lighting, improved insulation, updated appliances, and modern finishes can enhance their living experience and increase tenant satisfaction. It will also allow you to advertise your property at a higher rent rate. In this article, we’ll cover the six best remodeling improvements for your rental property. Let’s get started! 1. Bath…

Regardless of whether your rental property in Fall River is brand new or equipped with exceptional modern amenities, it may not attract potential tenants if you don’t know how to effectively advertise it. When renting out your house in Fall River, your goal is to attract long-term renters, which will help you to earn a steady income stream over the years. This enables you to make necessary updates and repairs and, ultimately, expand your portfolio. Thankfully, the property management experts at Fall River Property Management have written a com…