It’s just wonderful to have property and capitalize on renting it out. But managing your income property on your own can be very stressful, and it takes a lot of skills and patience, not to mention time.
Owners/renters relationship in Russia isn’t the subject of thorough legal regulation, and even a signed contract doesn’t provide the both sides enough ground for legal action. Current regulation makes it hard for tenants and landlords alike to come to agreement in face-to-face communication, when problems arise.
Tenant’s aim is to rent a quality apartment and have a reliable landlord who is willing to negotiate issues. Owner is interested in renting his or her property to an honest, neat and financially reliable person.
There are numerous problems that owners and tenants face: late payments, needs for the furniture or appliances repair, relevance of takeout, forced eviction before date stated in the contract, rent increasing, or tenants eviction.