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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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]
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]
How to Become a Landlord in 2022
Many people who are looking to expand their portfolio or are looking to make passive income are looking at alternative options. One of the most popular options is the idea of becoming a landlord. But becoming a landlord since the COVID-19 global pandemic has significantly changed. In fact, it even has become more profitable for… [Read More]
Turn Your Home Into a Rental Property With These 5 Tips
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]
10 Traits You Need to Be an Effective Houston Landlord
Managing property in Houston can be a great way to build wealth, or balance your investment portfolio. With a handful of rental properties in your name, you can likely collect a significant stream of income from tenant rental payments, exceeding your ongoing expenses while your assets appreciate in value. That said, being a landlord isn’t… [Read More]
A Homeowner’s Guide to Choosing the Right Insurance Policy
Insurance is not a favorite topic, but it’s an important one. And for homeowners, it can mean the difference between protecting your investment at an affordable rate and overspending for poor coverage that leaves you vulnerable to expensive problems and issues down the road.
A Landlord’s Guide to Dealing With Water Damage
Water damage…the words alone are enough to make any homeowner shudder with fear. But if you own rental properties, you’re going to eventually face a situation where you have to deal with water damage. What do you do? Who is responsible? Where do your renters go? Questions like these abound – so make sure have… [Read More]
6 Smart Ways Landlords Reduce Liability
Although investment properties often yield a predictable cash flow and healthy margins, they can also open you to substantial levels of risk. Those risks are significant enough that some people just avoid this form of investment.
The 10 Most Common Legal Mistakes New Landlords Make
Becoming a landlord is exciting; you’ll have an opportunity to make significant income, month after month, with a minimal investment of time and effort. But remember, landlords have legal responsibilities to their tenants, and if you fail in any of those responsibilities, you could be held liable for the resulting costs or damages.
6 Things Successful Landlords Do That Others Don’t
Anyone with the right amount of money, a healthy credit score, and access to resources can purchase investment properties and become a landlord. However, there’s a huge difference between being a landlord and being a successful landlord. The latter requires patience, foresight, intelligence, and strategic action. Just because the barriers to entry are relatively low… [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…