9 Simple Ways to Increase Your Vacation Rental Income
Vacation rentals are among the most popular real estate investments. Not only are they fun and flexible investments, but they can also…
4 Costly Property Management Mistakes You’re Probably Making
Whether you’re an experienced landlord or just getting your feet wet, it’s easy to unknowingly make mistakes managing a property. Many property management mistakes seem small. However, they have a way of snowballing quickly into costly problems. You could be dealing with the fallout of a mistake for months, or even years, as it gathers… [Read More]
Legal Mistakes That Put Landlords in Hot Water
Being a landlord is a profitable choice of professional. However, it can be legally complicated. There are many laws in place across the state and the country regulating landlord practices, and rightly so – tenants must be protected from bad landlord practices. As a landlord, it’s important to know these rules and follow them to… [Read More]
5 Details Every Landlord Needs to Know about Their Tenants
It’s easy to become blasé about renting out your property, particularly if you’re an experienced landlord. However, have you considered how much trust is involved when you rent to a tenant? Most tenants are complete strangers to you, but you trust them to live in your property anyway. Even when you protect yourself legally, renting… [Read More]
The Characteristics of Reliable Contractors
Keeping your property in good shape and responding quickly to requests for repairs is one of the biggest jobs of a landlord. Failing to respond in a timely manner can negatively impact your relationship with your tenant. Providing low quality repairs can have the same effect. To ensure you do your job properly as a… [Read More]
7 Tips for Attracting and Keeping High Quality Tenants
Any landlord who has performed the difficult search for the right tenant knows it’s more cost-effective to keep a tenant than to continually find new ones. Keeping a good tenant for a long time means less work, less stress, and reliable income. The goal of every landlord should be to attract and keep high quality… [Read More]
7 Things to Know Before Buying a Rental Property
Investing in real estate is a wise decision. As a landlord, you stand to make a lot of profit on your property. However, when it comes to real estate, doing your due diligence is crucial, particularly when you’re investing in property for the purpose of leasing. A poor investment can be a killing blow to… [Read More]
Lease Basics: Elements Every Lease Agreement Needs
The landlord-tenant relationship is a business relationship. One of the most important aspects of maintaining the health of this relationship is the lease. A vague or generic lease agreement is a sure ticket to legal trouble. Some new landlords make the mistake of downloading a lease from the internet. These leases are almost guaranteed to… [Read More]
From Our Blog
Is an Elevated Vacancy Rate Holding You Back?
Investing in rental property isn’t for everyone. You need some capital, a certain degree of risk tolerance, and a willingness/ability to pay…