How to Lose the Shirt Off Your Back Investing in Rental Property
When the real estate market is as hot as its been over the past decade, it’s easy to get caught up in…
The 10 Most Common Reasons Landlords Use Property Management Services
Most landlords begin property investing with the mindset that they’re going to take care of everything themselves. The idea is that investing in a rental is a hands-off way to make money, and in some cases, that turns out to be true. If you’re renting a single- or double-family unit that doesn’t require much upkeep… [Read More]
How to Make Your Property More Attractive to Reliable Tenants
Finding reliable tenants is half the battle in property ownership. A reliable tenant will be able to pay you rent on time, will likely stay with you for a long time, and has a low likelihood of causing damage to your property or disrupting your other tenants. A good tenant, therefore, makes your rental property… [Read More]
Did Your Tenant Trash Your Property? 9 Things You Can Do
No matter how carefully you screen your tenants, there’s always the chance that one of them will end up damaging your property. This is a serious problem since property damage can range from something simple (like a hole in the wall) to something devastating, which could compromise the entire profitability of your investment. Fortunately, there… [Read More]
8 Factors to Consider When Setting Rent Prices for Your Property
One of the biggest decisions you’ll make with your rental property is what to charge your tenants for rent. You’ll need to charge an amount that enables you to make a profit, but at the same time, if you set your rent prices too high, you may end up with unduly long vacancies, pricing yourself… [Read More]
15 Real Estate Terms You Should Know
There’s a reason why two-thirds of homebuyers and sellers use a certified real estate agent to facilitate the process. The housing market can be complex and confusing, to say the least! An agent understands market values, negotiations, home appraisals, real estate legalities, and much more. They take a lot of the grunt work out of… [Read More]
14 Reasons Rental Properties Make the Best Investments
Real estate investing is one of the most stable and profitable investment pursuits you can do. You have solid equity that can be used to maximize your earnings, and the housing market is typically more stable than the stock market.
Rental Income Isn’t Truly Passive Until You Hire A Property Management Company
Being a landlord isn’t easy. Your property rests in the hands of a tenant you might not really know, and it may or may not be in good condition when you get it back.
Not Making Money on Your Rental Property? Tired of Repairs? 6 Tips
Having a rental property can be a great way to generate income, especially if you still have a mortgage on the property. Your tenants essentially pay your mortgage and anything beyond that is pure profit.
Iron-Clad Contract: 6 Steps to Writing a Stronger Lease
There are many great things about being a landlord, but it can be trying if the lease isn’t strong. Lease problems put landlords in hot water and allow the tenants to get away with behavior that would otherwise be unacceptable. The lease is meant to protect you, but if it’s not well-written, you could find… [Read More]
From Our Blog
House Hunting With Your Spouse: How to Get on the Same Page
For some couples, buying a house is as easy as buying a car. They schedule a couple of showings, find one they…