The Aquarius Blog

Why You Need Renters Insurance

As a renter, it is often assumed that you are protected by the landlord’s insurance policy; however, just because your landlord has coverage doesn’t mean that you do as well. In many cases, your landlord’s policy only covers damage to the actual dwelling. In order to protect your possessions in case of loss from fire, smoke, lightning, water damage, vandalism, or theft, you need your own renter’s insurance policy. Renters coverage extends beyond theft and hazards outside the property, covering belongings that are stolen from your car or lost or damaged off-premises.

New Year’s Plan for Landlords - Best Practices for a Successful 2018

A new year brings new goals. To start the year off right, we want to be sure that 2018 is successful for landlords throughout Maine’s rental community. As your trusted Greater Portland leasing expert it is our mission to provide you with the resources you need every step of the way, so we’ve compiled a list of our top New Year resolutions for landlords to consider and help you to start planning.

Winterizing Your Tenants

By mid-November, most property owners have done all the necessary prepping for the cold winter weather; but, if you own or manage rental property, have you also ‘Winterized’ Your Tenants? 

14 Safety Tips for Rental Property Owners & Tenants

If you’re a landlord who lives in and/or manages rental property in Portland or elsewhere in Southern Maine, keep yourself and your tenants safe by following these 14 safety guidelines.

6 Important Questions for Screening Tenants

6 Questions that every Landlord Should Ask for a Successful Assessment of their Tenants

Screening your Tenants is one of the most crucial aspects of your “job” as a landlord. One of the worst things that can happen to you as a landlord is to rent out your property to a bad tenant.

The situation can be avoided if you follow a fair process of screening potential tenancy applications, and interviewing potential tenants in an unbiased way.

Understanding Types of Leases and Rental Agreements

Signing a lease is a big deal. It defines where you will live for a certain time period, either until you figure out your finances to get a house of your own or move onto greener pastures. For such a big step, it is important to define what kind of agreement you will have with your landlord. This agreement is the lease and it establishes the relationship of landlord and tenant. It defines your rent and the period of time you are to stay in the rented apartment building, house or room. It also defines a number of other things which are included in the terms of a lease.

Why Consider Hiring a Property Manager?

If you own rental property, it's a great investment - but it can present some real challenges, too. That's especially true if your're new to owning income property.  And even if you're a longtime landlord, you're in a more difficult environment than ever before, as you navigate through the maze of today's rental market.  

You're facing challenges like marketing your property, mulitple showings, finding the right tenant, signing a legally defensible lease and more.

Vetting Prospective Tenants

To protect yourself and your investment, you’ve got to make sure your potential tenants are likely to pay their rent on time and preserve your property. Sounds simple – but sometimes property owners skip some important steps that can help avoid bigger headaches later.

Inspecting Your Rental Property: When and How?

You already know that protecting your investment in your rental property takes time and money. You’ve got to do preventive maintenance and keep up with repairs.

But beyond the things you know about – or emergencies that come up – it’s best to do regular inspections at specific times.