As a landlord, the thought of allowing pets in your investment property may be daunting. The possibility of property damage or noisy pets upsetting the neighbors can be a cause for concern. However, with an increasing number of people owning pets, especially dogs, it might be worth considering allowing pets at your rental property. In this article, we will discuss the pros and cons of allowing pets in your investment property.
Can tenants be charged for water consumption? If the rental property has separate metering and is water efficient, landlords can charge tenants for water consumption. The bill can be arranged to be issued to the property manager, who will then pass it on to the tenant for payment.
As a landlord, it’s essential to be aware of the upfront and ongoing costs associated with property investment to maintain a stable cash flow throughout the holding period. This article will outline the key expenses that you need to consider as a landlord.