It’s all right for managers to take a vacation as long as they take the proper steps before they leave. With the right strategy and proper planning, even the busiest of landlords can take off for a vacation without stress. Here’s how…. [Read More]
Even if your property is brand-new, one improperly sealed window or siding panel could lead to a pest infestation that would demand attention. If you’re looking to maintain a successful rental property, you’ll need to know how to handle pest problems when they occur…. [Read More]
To furnish or not to furnish – that is the question every landlord faces when considering how to market their rental property. While there is no simple answer to this question, there are a number of good reasons to furnish your apartment. Here are 6 ways landlords can benefit from furnishing their rental properties and some consideration of the downsides…. [Read More]
Closing a speedy real estate sale that also turns a profit doesn’t have to be a distant dream. You just need to know the secrets to selling a home quickly.
Try some of these tried-and-true approaches for getting your home off the market in no time…. [Read More]
This is especially true for first-time landlords. If you’re preparing to become landlord for the first time in your life, here are six essential things you must know if you want to be taken seriously…. [Read More]
When you’re a landlord, your stress level can get extremely high. Whether you’re dealing with tenants who trash your property, tenants who never pay on time, or expensive repairs to appliances or structure, being a landlord is admittedly not a glamor profession.
But it can definitely be lucrative. So how do you eliminate some of the stress associated with being a landlord so you can enjoy the financial benefits?… [Read More]
Not every rental property is prepared for families with children. Whether the quarters are a bit too close, there are no schools nearby, or you have a “no pets” policy, families may be passing on your property. If you want to open your doors to renters with children, you may need to make a few changes, but at the end of the day those changes will be profitable ones. Here are four things you can do to make your property family ready…. [Read More]
Across the country, millions of Americans own their homes outright. In other words, they no longer pay mortgage payments or owe a single penny to the bank – it’s 100 percent theirs. For many people, this is the chief goal for financial freedom. But what about real estate investors? As a landlord, how much bigger would your monthly cash flow be if you paid off your rental property’s mortgage earlier than scheduled? It would essentially count as another paycheck each month. And while you may not be able to pay off your mortgage in two or three years, you may not have to wait 15, 20, or 25 more years to get even with the bank…. [Read More]
Whether you live in a small college town or a big city home to a few universities, you may encounter students taking their first steps into the rental market as they seek off campus housing. College students are a risky tenant population, but how can you tell if these potential tenants are raucous party types or reliable young renters more likely to hit the books on the weekend? Being able to tell the difference matters if you’re going to protect your property…. [Read More]
Bugs are not popular. Whether they are tiny ants, giant roaches, or the feared bed bugs, no landlord or renter wants to find out that there are bugs on the premises. Depending on where your property is, different bugs will make up the blight. So what do you do as a landlord when you hear that news?… [Read More]