When Should You Treat a Tenant Repair Request as an Emergency?
Most landlords understand that they’re responsible for handling property repairs and maintenance. While the vast majority of requests your tenants make will…
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When Should You Treat a Tenant Repair Request as an Emergency?
Most landlords understand that they’re responsible for handling property repairs and maintenance. While the vast majority of requests your tenants make will be relatively easy and inexpensive to handle, some of them will be both expensive and urgent. These requests are considered to be an emergency, meaning you need to respond as quickly and efficiently… [Read More]
10 Home Insurance Tips to Help You Save Money With Greater Protection
Whether you’re buying a home for your family for the first time or you’re adding a 10th property to your rental real estate portfolio, you’ll need to calculate all your expenses and potential income carefully to determine the upside of this financial move. Real estate is almost always a good investment, but you can make… [Read More]
What Interest Rate Hikes Mean for the Real Estate World
For many years, Americans enjoyed the bounty of artificially low interest rates set by our central bank, the Federal Reserve. Now, the Fed has announced plans to increase interest rates gradually over the next several months and years. Already, interest rates are climbing higher – and they’re only going to grow higher from here. So,… [Read More]
Should You Create an LLC for Your Rental Property in Texas?
Owning property in Texas puts you in a decent financial position – especially if you’re renting the property and making a profit on it. But if you want to make your profits consistently, and mitigate potential risk, you need to strategically plan to protect yourself. One way to protect yourself – and your entire real… [Read More]
Why Is Documentation So Important in Property Management?
There are many important ingredients for success in a rental property management strategy. You’ll need to find the right neighborhoods, purchase the right properties, find the right tenants, and keep a tight leash on your expenses if you want to make a consistent profit. In addition to all that, you’ll need to turn yourself into… [Read More]
7 Tips for Investing in Multi-family Properties for the First Time
As their names suggest, single family homes are designed to house a single family, and multi-family homes are designed to house multiple families, usually indifferent, segmented units. In a duplex, you typically have a single building bifurcated so that two different families can live in two different sections. Triplexes and fourplexes are similar. There are… [Read More]
Owning Multiple Properties in One Neighborhood: A Guide to Increasing Profits
If you own a rental property and you manage it successfully, you might make an easy profit of a few thousand dollars every year. It makes sense that you would want to buy an additional property so you can multiply your earnings even further. One increasingly appealing strategy for real estate investors interested in scaling… [Read More]
How to Transition From Part-Time to Full-Time Landlord
People often get their feet wet in real estate by investing in one or two single-family rental properties. Many of them soon discover that real estate investing is what they want to do full-time. So, they immediately start asking questions like: How can I quit my job and become a full-time landlord? Great question…glad you… [Read More]
4 Tips for Real Estate Investing With Your Spouse
Real estate investing offers couples one of the fastest paths to wealth and financial freedom. However, is it something that one spouse should focus on? Or is it a good idea for to be directly involved in the business? In this article, we’ll discuss all of that and more. The Benefits of Real Estate Investing… [Read More]
Charging Below-Market Rent? Here’s What You Can Do
Just like numerous other economic factors, rental rates fluctuate over time. Theoretically, they can go up and down. Practically, they only go up over time. That means if you don’t ever change your property’s rent rate, you’re eventually going to be undercutting yourself and charging a number that’s well below the going market rate. If… [Read More]
From Our Blog
10 Home Insurance Tips to Help You Save Money With Greater Protection
Whether you’re buying a home for your family for the first time or you’re adding a 10th property to your rental real…