Wisconsin Home Rental Blog
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What is a Good Rent Price for an Apartment?
Knowledge is power when it comes to apartment hunting. A rent affordability calculator is one way of doing just that. Conventional wisdom holds that you should spend at most 35% of your income on housing costs; however, this may only sometimes be possible in cities and suburbs where apartments can be more costly. Rent to…
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How to Lookup Who Owns a Property
Determining an appropriate rent price for an apartment is a crucial aspect of the real estate market that involves a delicate balance between various factors. Whether you are a landlord seeking fair compensation for your property or a tenant in search of affordability, understanding what constitutes a good rent price is essential. This blog will…
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What Questions Can a Prospective Landlord Ask a Previous Landlord
As a landlord seeking to rent out a property, it is crucial to ensure that you are choosing the appropriate renters. One of the most effective methods to accomplish this is by communicating with their former landlords. Posing appropriate inquiries can provide you with understanding into their conduct as a renter and aid you in…
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How to Calculate Pro Rata Rent
Rent proration is a useful calculation for both property owners and tenants, particularly when moving in or out before or after the end of a lease term. Prorated rent is calculated based on how many days the tenant plans on using the rental property during any month. There are two methods of calculating prorated rent:…
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When Do I Stop Paying Rent When Moving Out?
Starting off alone can be both thrilling and nerve-wracking, so preparations must be made. This may involve scheduling movers, contacting utility providers, packing, and setting a date of when you will move out. There may be situations in which it’s appropriate for you to leave without paying rent; this process is known as constructive eviction.…
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Does Tenant Have to Pay Full Rent During Construction?
Yes, tenants have the legal right to withhold rent if construction significantly disrupts their ability to live comfortably in their home. Landlords can avoid this situation by giving tenants sufficient notice, working during off hours and communicating frequently about construction activity. Additionally to reviewing lease agreements and learning the laws surrounding landlord-tenant relations, tenants can…
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Rent to Own Houses by Owner
Rent-to-own is an attractive solution if you want to own your own home but require extra time and resources for saving for a down payment or building credit. But keep in mind there may be fees involved. Your total monthly costs could include nonrefundable option fees and above-market rental prices, which may add an unexpected…
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Why Does Rent Increase Every Year?
Rent is the cost associated with living on someone else’s property for an agreed-upon duration, such as apartments, condos, townhouses or even basement and upstairs units located within one’s own home. Landlords may raise rent prices to keep pace with inflation, cover expenses such as property taxes and insurance premiums or simply increase profits. There…
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Are Mobile Homes a Good Investment?
As well as their affordable price point, mobile homes provide some flexibility. Since they’re semi-permanent structures that can be removed from land that you own in the future. Additionally, multi-family properties typically experience less tenant turnover than single-family houses, helping landlords save costs such as cleaning and marketing to find new renters. 1. Affordability Mobile…
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How Long Do Apartment Background Checks Take?
Landlords must ensure they will have reliable renters who take good care in caring for the property and respecting neighbors, which is why apartment background checks play such an integral part of the application process. These checks include looking at credit scores, criminal histories (which typically last 10 years or more; certain crimes remain permanent…