What to Do If You’re Losing Money on a Rental Property
In a hypothetical model, a property owner should be able to generate positive cash flow with a rental property in an attractive…
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When people hear the phrase “homeowners association” (HOA), many tend to cringe. Living within the boundaries of an HOA often means more work and lots of critiques from the neighbors. Belonging to an HOA isn’t nearly as bad as the media often portrays it, however, and there are generally as many benefits as disadvantages.
Houston can be a great destination for snowbirds – older adults who move south for the winter to escape the cold – but successfully navigating the market to attract snowbirds can be a challenging undertaking. After all, what do you do with your rental property the rest of the year? This, and other questions, often… [Read More]
Just because you’re a landlord doesn’t mean you can’t take a vacation. Everyone needs a break now and then, especially when life involves your kind of responsibilities, which can be pretty stressful. It’s all right for managers to take a vacation as long as they take the proper steps before they leave. With the right… [Read More]
Bugs and pests on your rental property are a landlord’s worst nightmare. It’s never too early to think about pest control. 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… [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… [Read More]
Any time you’re starting a new career or venturing into an unfamiliar fields, you want to make a name for yourself. Unless you command respect, you probably won’t be given much. 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… [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… [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… [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… [Read More]