Running your rental business: Should you purchase a home warranty?

In addition to an insurance policy, which typically covers fire, hail, and other major damage, you may want to consider purchasing a home warranty for your rental property.   A home warranty can be purchased from many companies, and will cost about $600 a year.  They will likely charge $75 or so per issue (and may … Continue reading Running your rental business: Should you purchase a home warranty?

Running your business: Should you provide a washing machine and dryer?

If your rental property is a condo unit or apartment, you're probably not too worried about this.  Either your unit has hook-ups and (likely) no shared laundry room available, or it has a shared laundry room and is not needed in the unit.  This is more a question -- and a major one -- for … Continue reading Running your business: Should you provide a washing machine and dryer?