The legal eviction process can be stressful for tenants and landlords alike. On the one hand, tenants are in a dire financial situation that puts them at risk of losing their home. From a landlord perspective, this can be an incredibly difficult decision to make. Unfortunately, there may be no other option if a tenant is unable to pay their dues. If you’re just beginning to understand the legal eviction process and what that means for you, this short guide should provide you with the essential answers you need.
There are a lot of factors to consider when it comes to pricing rent. The ultimate goal is to find a price point that meets both the needs of your tenants and your needs as a landlord. The very first thing you should be aware of is what kind of property you’re marketing and who you’re marketing it to. Who is your audience of potential renters, and how much can they typically afford? What kind of amenities do you offer? Is your property located near entertainment venues, shopping centers and other places of interest? All of these questions provide a great starting point for pricing rent. However, there is plenty more you should know.