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The Unique Struggles of Being a Young Landlord

Prairie Eco-Thrifter

We rent to my brother, but prior to our current arrangement, we were looking for a tenant for the time period between when the suite was ready, and when my brother was going to move in. Tenants are More Relaxed – In a Bad Way. It’s Hard to Find Responsible Tenants. Being Mistaken for the Tenant.

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Apartments.com Visa Gift Card Giveaway

For the Mommas

Most of the communities have reviews from prior or current tenants. Since we were moving to an area we didn’t know very well, the reviews of the apartments were very helpful. It really is simple to use the site, just enter the location and what you are looking for including number of bedrooms, maximum rent and bathrooms.

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Save Money on Rent

Prairie Eco-Thrifter

We also kept the sidewalks snow free in the winter. Handy man – For a continuing rent reduction, offer to be the go to person for the rest of the tenants when things go bong in the night. These tasks were a lot of work – and typically the work was not pleasant. We were young and had the time, so it was OK.

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Money Matters: Why January is the Best Time for a New Rental

Motherhood Moments

But in the winter, landlords might not have many (or any) prospective tenants—and they may be more willing to negotiate in order to fill a vacant unit. Amenities: Maybe you’d like upgraded appliances, new carpet, free access to the fitness center, or a free on-site parking space.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Try Bankrate’s free AdvisorMatch service to quickly get connected to a CFP® professional who can help you achieve your financial goals. Alternatively, you might consider a “freemium model” – building up a following with free content and then charging for more detailed information or for those who want to know more.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

When they got married, they bought a duplex so that the rent money from the tenant in the upstairs apartment would pay the mortgage. Alan’s Lifetime Senior National Parks Pass allows us free entry in the National Parks we love and provides a 50% discount on camping fees in federal campgrounds. Tent camping is even less expensive.)

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50 Best Small-Business Ideas – NerdWallet

Savings Corner

Or, you could buy property of your own (if you have the business funding, of course) becoming a property manager or landlord, renting out the space to tenants, maintaining the property and serving as their point of contact for any potential issues.