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Categories

What to Do If You're Losing Money on a Rental Property

What to Do If You’re Losing Money on a Rental Property

August 1, 2023

In a hypothetical model, a property owner should be able to generate positive cash flow with a rental property in an attractive neighborhood. If your total monthly expenses amount to an average of $2,000 per month, you should be able to charge more than $2,000 a month in rent, ultimately making it a profitable property… [Read More]

Tenant Psychology: How to Better Appeal to Prospective Property Renters

Tenant Psychology: How to Better Appeal to Prospective Property Renters

July 27, 2023

One of your biggest priorities as a landlord is going to be keeping your property occupied. When the property is vacant, you’ll want to fill it as soon as possible. When the property is filled, you’ll want to keep your tenants for as long as you can. That’s because an unoccupied property is going to… [Read More]

Is it Wise to Renovate a Rental?

Is it Wise to Renovate a Rental?

July 20, 2023

In the world of rental properties, landlords strive to keep their overhead low and their returns high. One of the best ways to achieve this is not to spend money on a rental unless necessary. Unfortunately, living by this rule can prove to be detrimental to your property and the value of your home. Why… [Read More]

How to Attract the Right Tenants?

How to Attract the Right Tenants?

July 18, 2023

While many landlords may be focused on finding the right tenant, renters are also assessing your property and the landlord to determine if the situation and property will also be beneficial for them. In order to attract the right tenants, a landlord should be aware of what most good renters are also looking for. Finding… [Read More]

Buy and Hold vs. Flipping: Which Strategy Fits Your Investment Goals?

Buy and Hold vs. Flipping: Which Strategy Fits Your Investment Goals?

July 13, 2023

One of the particularly attractive benefits of real estate investing is its versatility. There are dozens (if not hundreds) of different tactics and strategies you can use to carve out your own lucrative niche as a real estate investor. But when it comes down to residential rental properties, there are two strategies that take the… [Read More]

Leveraging Real Estate Investment Groups for Networking and Learning

Leveraging Real Estate Investment Groups for Networking and Learning

July 11, 2023

Real estate investing is a highly competitive industry with thousands of investors competing for properties and deals. But it’s also very much a brotherhood, with a sense of camaraderie and support among fellow investors. This community feel is on display in a number of different ways but is especially prominent within real estate investment groups…. [Read More]

Are 3D Virtual Property Tours Worth Creating?

Are 3D Virtual Property Tours Worth Creating?

July 4, 2023

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]

What to Look for When Buying a Historic House

What to Look for When Buying a Historic House

June 27, 2023

When it comes to buying a house, you have plenty of options. Between location, architectural style, floor plans, and amenities, you can get as specific as you’d like. But, without a doubt, nothing beats the charm of a historic home. The question is, what do you look for when buying a historic home? The Allure… [Read More]

5 Reasons Why Hiring a Property Manager Is Good for Landlord-Tenant Relations

5 Reasons Why Hiring a Property Manager Is Good for Landlord-Tenant Relations

June 20, 2023

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]

5 Mistakes to Avoid at All Costs as a First-Time Rental Property Owner

5 Mistakes to Avoid at All Costs as a First-Time Rental Property Owner

June 15, 2023

Do you dream of buying an investment property, finding good tenants, making passive income every month, and potentially selling your asset down the road for a great return on investment? That’s the dream of many people who invest in rental properties. But this dream can quickly become a stress-inducing, time-wasting, and money-draining nightmare. If you’re… [Read More]