Blog

North Dakota is home to 765,309 people, with 38% living in rental housing and 62% living in their own homes. This is quite a substantial number of renters. Much like the rest of the country, North Dakota has landlord-tenant laws in place to govern the lease or rental agreement. The landlord-tenant law helps bring order in an otherwise potentially chaotic environment. If you’re a landlord in Grand Forks, here’s a basic overview of the statewide landlord-tenant law both the landlord and tenants must abide by. Required Landlord Disclosures When…

Would a dealership agree to sell you a car without an agreement in place? Or what about a financial institution, would they give you thousands of dollars without having your signature under a list of terms? Considering these examples, you should have a solid lease agreement before taking the financial risk of handing over your property to tenants. To give you a comprehensive yet concise breakdown, the team from TruHome Property Solutions has compiled this article on how to make a proper lease agreement! What Is a Lease Agreement? A lease agre…

No matter how fantastic your Grand Forks rental home is, if there’s little exposure to your target market, it will remain vacant. So, advertising is a must if you are looking to quickly find quality renters. We at TruHome Property Solutions believe marketing is an incredibly important skill that all landlords need to be familiar with. So, we have put together these tips that you can apply in your Grand Forks rental unit. Create Beautiful Photographs Property listings that include photos tend to be more popular and gain more views than ones t…

Renting out your Grand Forks, ND home can be a smart financial move. At the very least, it can mean new revenue and tax breaks. However, there’s more to renting out a home than just anticipating that rent check every month. As a matter of fact, it may be daunting and cause a lot of stress. After all, dealing with tenants, regulations, and the maintenance of your property can be anything but easy. If you’re looking to rent out your house in Grand Forks, North Dakota, here’s everything you need to know! 1. Have a Financial Plan in Place Of cou…

Every landlord wants a high-quality tenant living in their space, one that pays the rent on time, reasonably maintains the property, respects fellow neighbors, and adheres to the terms of the lease agreement. But, as a landlord, are you putting in the effort to make your renters stay? Always remember that a happy tenant is the secret to long-term financial success in rental properties, so let us help you with a few tips! Address Maintenance and Repair Concerns If you have some experience in the property industry, you’ll probably agree that te…