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As a rental property owner, keeping your rental occupied can take a lot of your time and effort in making sure that it remains habitable and appealing. One of the best ways to do this is through renovations. Remodeling the space sounds costly but it doesn’t need to be. For starters, you can set a specific budget to achieve your goals as many materials or amenities can be found at various price points. So, you need to know your target market and invest in their needs. To guide you in deciding on the best renovations and increasing the value o…

Are you considering renting out your Boise home instead of selling it? This can be a potentially lucrative move. As a property owner, you could benefit from the extra income and the property’s price could also appreciate before deciding to sell at a later date. But being a landlord isn’t a simple job. There are certain considerations that you’ll have to make and skills you’ll need to develop. This is why we at Ridgewood Property Management have put together the following tips. Understand Your Responsibilities as a Landlord While anyone can ow…

Housing discrimination was once common in the United States. Many individuals were experiencing unfair housing practices and being discriminated against due to factors that they had no control over. So, to prevent this discrimination from continuing, the Fair Housing Act was established. Established in 1968, fair housing protects anyone involved in a housing transaction from discrimination, in particular, those who are considered part of a protected class. It prohibits discrimination against these classes. Protected Classes Under the Federal …

Are you looking to extend your investment portfolio into Boise, ID? Boise, Idaho is a city with many great real estate options making it a great place to add to your investment portfolio. The real estate market in Boise is booming, with average home prices rising steadily over the past few years. But there is still a good selection of affordable homes available, especially for first-time buyers. Even though it has a relatively low population, the city of Boise is home to an increasingly diverse range of properties. The options available range …

Normally, a lease binds a tenant for a certain duration of time. During that time, usually anywhere between 6 months and a year, they must continue paying rent. Whether they live there or not. But this doesn’t always happen. Despite your tenant’s good intentions to stay for the entire term, things change which may force them to break their lease early. Your tenant, for instance, may: Decide to move in with a loved one. Find a better job in another part of town or another state. Join active military service. Move out of the home citing habit…