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…
"*" indicates required fields
"*" indicates required fields
"*" indicates required fields
As a real estate investor and landlord, your job is all about mitigating risk and maximizing return. The more you’re able to accomplish these overarching goals, the more success you’ll experience. And while security deposits may seem like a small issue to outsiders, experienced landlords know just how much they impact both risk and reward…. [Read More]
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]
As a landlord, you’ve probably learned the value of observing your peers. You’ve learned many excellent approaches by shadowing other landlords, but you can often learn more from their mistakes.
You’ve got two choices as a real estate investor: manage your own properties or hire out the service to a property management company. Both options are valid, but the option that’s correct for you will depend on various circumstances. Here’s an exploration of 8 pros and cons to self-managing rental properties: 1. Self-management will save… [Read More]
The average family moves every few years. Sometimes there’s a functional need for the move – such as moving into a new school district, adding a bedroom, or downsizing. Other times, people move because they want something fresh or new. But moving for purely aesthetic purposes is expensive. What if you could totally change the… [Read More]
Renovating your house? Investing in a fixer-upper? Upgrading one of your properties so you can increase the rent? Whatever the case, you’re probably going to need to bring in a contractor to help you do the heavy lifting. But given such a lack of regulation in the industry, you want to be extra careful to… [Read More]