Blog | American Dream Realty & Management

Dealing With Noise Complaints

As a landlord, you play a pivotal role in ensuring a peaceful living environment for your tenants. One of the challenges that you may encounter is handling noise complaints, a common issue in rental properties. This guide provides you with a comprehensive approach to addressing noise complaints effectively, ensuring tenant satisfaction, and maintaining a peaceful community. Steps on How to Deal With Noise Complaints 1. Understand the Nature of the Complaint Noise complaints can range from excessive party noise to regular living sounds like walk…

Why Successful Real Estate Investors Partner with Property Management Companies

Effective rental management is a vital part of any successful real estate investor's investing strategy. Property management businesses, such as American Dream Realty and Management, play a crucial role in assisting landlords in navigating the intricacies of real estate ownership. This article investigates why successful real estate owners choose to collaborate with property management organizations, shining light on the benefits of such partnerships and why it's a good move for those trying to optimize their assets. What is Investment Propert…

Rental Documents Landlords Need

Being a landlord can be a gratifying endeavor, but it’s not without significant responsibilities. Rental agreements are the foundation of a good landlord-tenant relationship, and they protect both parties. Thus, accurate record-keeping of rental transactions and agreements is a crucial task that landlords like you should never overlook. We at American Dream Realty and Management put together this post to talk about the importance of rental documentation for landlords, the specific documents you must maintain on file, and how to effectively org…

What Exactly is “Normal Wear and Tear”?

As years pass, you can expect your properties to depreciate in form as renters occupying the unit. These expected declines are not considered damages caused by tenant neglect or abuse. Damage resulting from normal wear and tear cannot be deducted from the security deposit. As such, it’s vital to know the difference between wear and tear and excessive property damage to mitigate security deposit disputes at the end of a tenancy. Defining Normal Wear and Tear In general, normal wear and tear refers to the expected deterioration of the property, …

Guide to Making a Solid Lease Agreement For Your Rental Property

When renting out a property, as the landlord, you need to prepare a lease or rental agreement and have it signed by both you and the renter. A lease guides both parties on how to navigate certain situations. It is also a binding document that lists the landlord and tenant’s duties, property policies, clauses, and disclosures. By signing it, you’ll be assured that there is a mutual understanding of the terms and conditions detailed in the contract. What is a Lease? A lease discusses the property policies, terms, and conditions of a rental proper…