Rent Lagos

Top 7 Features Of A Profitable Rental Property

Check out Top 7 Features of a Profitable Rental Property 1. Neighborhood The neighborhood in which you buy will determine the types of tenants you attract and your vacancy rate. If you buy near a university, chances are that students will dominate your pool of potential tenants and you could struggle to fill vacancies every summer. 2. Crime No one wants to live next door to a hot spot of criminal...

What To Do When Your Tenant Has Abandoned The Property

Abandonment of property occurs when a tenant locks up the premises at or after the expiration of the tenancy, does not occupy the premises and fails to deliver up possession of the property to the landlord. For ease of understanding, the three (3) conditions to be fulfilled before a property is declared abandoned are: (a) The tenancy has expired, (b) The tenant has not occupied the premises since the...

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