Turning Your Rental Property Back into Your Primary Residence

Real Estate
Owning a rental property is no easy task. From finding reliable tenants to dealing with maintenance issues, many tasks go into managing a successful rental property. But what happens when you decide it is time to turn your rental property back into your primary residence? From updating the space to dealing with tenants, there are some things you should consider before making the transition. Let's take a look at seven of them. Inform your tenants When turning your rental property back into a primary residence, the first step is to inform your tenants. Notify them on time and explain why you are making the transition. Offer to assist in finding suitable alternate housing for them if necessary and explain any terms or conditions that will apply during their move-out period.…
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