Missouri Rental Laws: 11 Frequently Asked Questions about Security Deposits

Missouri Rental Laws: 11 Frequently Asked Questions about Security Deposits

A Missouri landlord is likely to require a security deposit from their tenant prior to or upon move-in. They require this deposit for the following reasons: To help cover any utility bills that a tenant does not pay before they move out. When a tenant signs a lease, most, if not all, of the utilities will be transferred to them. If they move out without clearing a bill, landlords have a right under Missouri law to deduct the cost of paying the utilities from their security deposit. To help cover the cost of professional cleaning upon a tenan…

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Breaking a Missouri Rental Contract

Breaking a Missouri Rental Contract

A lease or a rental agreement is a legally binding contractual agreement. It binds both landlord and tenant to the terms of the lease agreement for a certain period of time. These agreements may run month-to-month or for a longer period of time, such as 6 months or one year. They often include a security deposit as well, though security deposits have their own set of laws. However, a landlord may run into a case where your tenant wants to break the lease agreement. There are a variety of different reasons they may wish to break a lease, such as…

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Reasons to Invest in Columbia Real Estate

Reasons to Invest in Columbia Real Estate

Do you plan to invest in Columbia, MO rental properties? Making property investments in Columbia, Missouri can be a lucrative activity. This city carries a solid potential for significant returns. Since Columbia is a college town, you’re able to harness the student rental demand in the area. As an investor, you can’t downplay the fact that Columbia is located between two important metro areas: St. Louis and Kansas City. The rental homes in Columbia are also attractive for renters with many characteristics and backgrounds. In the following parag…

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Top Tips When Buying Investment Property in Columbia

Top Tips When Buying Investment Property in Columbia

Are you thinking of purchasing an investment property in Columbia, Missouri? Rental property investments have far-reaching potential. Buying an investment property can help create long-term wealth and a recurring passive income for you. So, why is specifically investing in Columbia real estate such a good idea? Just to name a few things, the population is increasing, the unemployment rate is low, the renter population is high, the education system is good, and the home values are increasing. However, as a beginner investor, it pays to follow…

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Best Areas to Invest in Columbia

Best Areas to Invest in Columbia

Done right, real estate investing can be lucrative. You may be able to earn passive income, diversify your investment portfolio and building long-term financial security. At the moment, Columbia real estate is highly sought-after by investors for various reasons. The population is growing, the job market is increasing, the cost of living is low and there is a high renter population, among other things. So, if you are able to choose the right neighborhood, you’ll be able to meet the local demand and guarantee yourself a solid monthly income. …

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