Being a landlord comes with lots of perks. But at the same time, the job can prove to be tough. This is especially true when you find yourself facing a tenant who has stopped paying rent or asking to break their lease early.
As many areas of the country pause or slow down re-opening efforts due to the pandemic, a growing number of businesses have decided to close up their conventional offices and operate with most employees working remotely or in a modified office situation that supports social distancing.
Investing in unknown markets on your own carries more risk than investing in your immediate backyard.
As the global pandemic continues, residential real estate will shift as more renters will trade urban, crowded cities for suburban, spacious areas. These areas offer a lower cost of living for more space. Affordable housing will be top of mind, as will the ability to find work or work remotely.
Your tenants are usually used to enjoying the common spaces and amenities your facilities have to offer. However, with the impact of COVID-19, you've had to close most of those spaces to maintain proper safety precautions. Here are five safety tips for reopening amenities.