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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In urban areas around the country, people are struggling to afford housing. The cost of purchasing a new house is so high that it’s unreasonable for many workers to even consider it as an option. At the same time, monthly rent is increasing at an unprecedented rate, making it harder and harder for people to… [Read More]
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]
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]
From the outside looking in, being a landlord is easy-breezy. You buy a property, find a tenant, charge a bunch of rent, use that money to pay your mortgage, and pocket the rest. Then do it over again…rinse and repeat in perpetuity. But as anyone on this side of the equation knows, it’s not that… [Read More]
By default, most landlords consider offering only fixed term leases. Fixed term leases are the most common type of lease, providing stability and predictability to both the landlord and the tenant. Typically covering a period of one or two years, these lease agreements form the backbone of the rental property world. But there’s another option… [Read More]
Austin Airbnb has single-handedly changed the game for short-term rentals. While they certainly didn’t invent the idea of renting out private homes and second residences to people on a short-term basis, they did make it more accessible and realistic than ever before. As someone who owns the best downtown Austin rental property that targets long-term… [Read More]
If you’re looking for a way to break into the real estate investing game – or you’re simply looking for another way to diversify an existing real estate investment portfolio – student housing in college towns is certainly something to consider. There’s plenty of money to be made, but in order to be successful, you… [Read More]
Although it was designed to assist tenants, the national eviction moratorium, including all of its extensions, has been devastating for landlords. While renters across the country have been skipping out on rent for more than a year, property owners have been on the hook for paying their mortgages the entire time. By the time the… [Read More]
There are a plethora of reasons why someone may want to consider turning their home, which is their primary residence, into a rental property. Perhaps you are looking to make passive income or your home has been sitting on the market for longer than you anticipated. Regardless of what your reasoning may be, we have… [Read More]