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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Are you wondering if creating 3D virtual tours is an effective way to market your rental properties? Traditional showings aren’t exactly dead, and since Covid is behind us, there’s no reason people can’t leave the house. Despite this, three-dimensional tours have remained popular and are even preferred, most notably for single-family residences. Today, online virtual… [Read More]
Do you know one of the best ways to frustrate good tenants to the point where they move out? You can achieve this objective by providing poor customer service. The best tenants won’t put up with a landlord they don’t respect. They’ll instead head right for the exits at the end of their leases in… [Read More]
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]
Owning a rental property can be extremely financially advantageous, providing you with a steady stream of income and an opportunity to benefit from long-term property appreciation. But owning this type of property, and managing tenants actively, does come with some additional complications and risks. For example, let’s say you’re 6 months into a 1-year lease… [Read More]