When Should You Treat a Tenant Repair Request as an Emergency?
Most landlords understand that they’re responsible for handling property repairs and maintenance. While the vast majority of requests your tenants make will…
"*" indicates required fields
"*" indicates required fields
"*" indicates required fields
Most landlords understand that they’re responsible for handling property repairs and maintenance. While the vast majority of requests your tenants make will be relatively easy and inexpensive to handle, some of them will be both expensive and urgent. These requests are considered to be an emergency, meaning you need to respond as quickly and efficiently… [Read More]
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]
There are many important ingredients for success in a rental property management strategy. You’ll need to find the right neighborhoods, purchase the right properties, find the right tenants, and keep a tight leash on your expenses if you want to make a consistent profit. In addition to all that, you’ll need to turn yourself into… [Read More]
Just like numerous other economic factors, rental rates fluctuate over time. Theoretically, they can go up and down. Practically, they only go up over time. That means if you don’t ever change your property’s rent rate, you’re eventually going to be undercutting yourself and charging a number that’s well below the going market rate. If… [Read More]
At Green Residential, we’re all for owning as many rental properties as you possibly can. It’s one of the fastest and most predictable ways to build wealth over the long run. However, not every rental property is a “buy and hold forever” kind of rental. There comes a time when you may need to sell… [Read More]
One of the biggest headaches rental property owners face is tenant drama. Of course, many tenants take care of their units, respect the rights of other tenants, pay rent on time, and cause minimal issues. But some tenants are less than amicable and can raise the blood pressure of investment property owners – and that’s no… [Read More]
Some people plan to hold their investment properties ostensibly forever. They want to continue earning passive income for the rest of their lives, then pass those investment properties to their children. But for everyone else, there will come a time when you eventually sell your rental property. At the end of a lease, when a… [Read More]
At various points in time when managing a rental property, you’ll need to get in contact with your tenant. It could be to provide them with formal notice that you need access to the property, remind them that their rent is due, or simply ask them if one of your recent repairs is still working… [Read More]
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]