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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How to Attract the Right Tenants?
While many landlords may be focused on finding the right tenant, renters are also assessing your property and the landlord to determine if the situation and property will also be beneficial for them. In order to attract the right tenants, a landlord should be aware of what most good renters are also looking for. Finding… [Read More]
6 Practical Tips for Landlords Dealing with Troublesome Tenants
Owning rental property comes with some big challenges, and dealing with troublesome tenants is one of the most important things to get under control. Some tenants are perpetually late with the rent and refuse to pay late fees. However, the worst is when a tenant damages your property. It would be great if they followed… [Read More]
How to Manage an Extended Vacancy in Your Rental Property
For landlords, vacancies are always an issue, as they’re largely unavoidable. Sooner or later, your tenant is going to move out (or find themselves in a position where they can no longer continue paying rent). And that means your unit is going to be empty, at least temporarily. Vacancies are problematic because they prevent you… [Read More]
How to Be More Aggressive With Your Rental Property Investment Strategy
How would you describe yourself as an investor? Are you extremely risk tolerant and aggressive with your strategies? Or are you a more defensive and cautious player, only investing when you feel reasonably certain of the potential gains? In the rental property investment world, it’s possible to be successful with a wide range of different… [Read More]
How to Address Tenant Privacy Concerns
Managing a rental property means allowing other people, your tenants, to occupy your property in exchange for paying an agreed-upon monthly rental fee. This arrangement can be mutually beneficial, providing affordable housing to someone who needs it while simultaneously giving you an opportunity to generate profit. But this arrangement also presents some interesting complications. For… [Read More]
What Does the Tenant Screening Process Entail?
Did you know that between 2000 and 2018, the average number of eviction cases filed by U.S. landlords was 3.6 million? That means 7% of all renting households faced eviction legal action, and eviction filings nationwide climbed 21.5% during the aforementioned time frame. What does that mean for you as a rental property owner? It… [Read More]
7 Rental Property Upgrades That’ll Make Your Life Easier as a Property Owner
Are you a new rental property owner, or have you added to your portfolio of investment properties? One of the best decisions you can make is to hire a property manager to help you make the most of your investment. For a relatively small percentage of the monthly rental income, a property management firm can… [Read More]
10 Important Things to Keep in Mind When Landscaping a Rental Property
Landscaping can be a great way to make your property instantly more attractive, both for its place in the neighborhood and for future tenants. With a beautiful lawn of grass, colorful flower beds, and some trees to provide shade and privacy, more people are going to be interested in your property and you could possibly… [Read More]
What to Know About Renting to Military Tenants
When it comes to rental properties, most landlords are fairly “tenant agnostic.” In other words, it doesn’t matter what the tenant does for a living, what profession they’re in, where they’re from, or how much money they make. As long as the tenant passes a background check, has good referrals, and meets the minimum income… [Read More]
How to Use Your Rental Income Smartly
It’s not really a secret anymore. Real estate is the best, fastest, and most predictable way to build wealth. If you play by the rules, don’t get emotionally involved, and use objective decision-making to invest in the right rental properties, you will generate revenue over time. However, there’s one big question that remains: What do… [Read More]
From Our Blog
Tenant Psychology: How to Better Appeal to Prospective Property Renters
One of your biggest priorities as a landlord is going to be keeping your property occupied. When the property is vacant, you’ll…