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Q & A

Important Points to Remember 1. Act quickly and consistently. Enforcing the rules will let tenants know you’re serious and will help prevent late tenants from getting behind even further on their payments. You may have worked out a deal with them once or twice, but what if

What Is Your Investment Property Due Diligence

Long Term or Flipping Determine whether you desire a long-term property investment or a “flipping” property. Long-term investments produce positive cash flow, increasing your net worth. If you plan to flip, your focus will be on property appreciation and a quick return. Flipping Caveats Your profit margin depends on your acquisition cost, and it’s important
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The Challenges of Security Deposit Returns

One of the most difficult tasks for a property manager and/or owner, can be refunding the tenant’s security deposit to everyone’s satisfaction. Any property manager (or owner) is elated when they can issue a full refund because the tenant has left the property in excellent condition, complied with their rental agreement, and paid their rent
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Contingencies. Are You Prepared?

At TierOne Real Estate, we continually work on educating tenants for any event that could happen during their tenancy. This includes making rental payments, reporting maintenance, handling emergencies, checking smoke alarms, practicing good neighbor policies, buying renter’s insurance, and more. Of course, we hope that they always follow our advice, but we know that it
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Licensed with the Utah Division of Real Estate