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Making sure your rental property is well maintained, and livable is one of the most important duties you have as a rental property owner and your tenants are more likely to rent from well-maintained property. Such efforts not only help you to save the time and resources spent on repairs but they also help to improve your assets' value. At Mark Thomas Properties we believe maintaining your property correctly is critical to your success as an investor. So, we have provided the below tips to help you manage the maintenance of your property. Sched…

The term “normal wear and tear” is commonly used in the rental market. This term typically refers to the reasonable and expected depreciation of the property as a result of normal use. As a rental property owner, knowing what is considered as normal wear and tear is crucial. This can help you determine the maintenance and repairs that are due to reasonable wear and tear, and the ones that are due to neglect and abuse. When you run a rental business, wear and tear is usually a landlord’s responsibility to fix. But the tenant should be held acco…

Dealing with property damage caused by tenants is a stressful situation.Though property damage can happen to even the most responsible landlord, that doesn’t mean that there aren’t measures you can take to avoid such a serious problem. To lessen your risk of property damage caused by tenants, we’ve put together a list of measures that have worked well for our clients. Screen Prospective Tenants Screening prospective tenants is a proven measure to avoid future damage of your rental property. And it’s one of many reasons that you can trust Mark…

Having managed property in Durham and its surrounding communities and we are yet to find a landlord who doesn’t look to attract a high-quality tenant. A high-quality tenant is one who pays their rent on time, respects your property, fits into the neighborhood, and contacts you whenever there is a repair issue. So, keeping a high-quality tenant in your property means keeping them happy and avoiding complaints. So, in this article, the team from Mark Thomas Property Management describes how you can keep your renters happy and renting from you lo…

Being a landlord can be a very lucrative venture. But before you can start the marketing process and get people into your property, it’s important to make sure it’s rent-ready. A rent-ready property is just that – ready to be rented out to a tenant. Among other things, it’s ensuring the property has great curb appeal, has no pending repairs, and every inch of the property looks inviting. We at Mark Thomas Property Management believe it is critical to make sure your property is rent-ready, so we have put together the following 8 tips to get an…