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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Landlords have to prepare for the unexpected. A tenant might damage your property or stop paying rent at any time without prior warning. That’s why it’s essential to have strong lease agreements—which will protect your investment. Your leases should be as detailed as possible so you have something to reference during a potential future dispute…. [Read More]
As of this writing, we’re still in the middle of one of the most extended real estate booms in many years. Home prices have soared for more than a decade (and have become even hotter over the past two to three years). The same goes for rental rates, which have climbed so high in certain… [Read More]
When a rental property produces a small or negative return, there could be any number of factors to blame. But excessive maintenance issues and repairs are among the most common. In many cases, this concern can be traced back to the investor’s failure to perform due diligence when researching the property and crunching the cash-flow… [Read More]
When you invest in a rental property, ROI is everything. You either generate a positive return on your investment or you don’t. And while the agreed-upon sale price is obviously the most essential factor when you run the numbers, you mustn’t ignore closing costs. For all intents and purposes, they’re a part of the investment…. [Read More]
Every landlord would love to have the perfect tenants, but there are some bad eggs out there, sad to say. Proper tenant screenings and background checks are a good start to avoid them. However, there are other factors you’d be smart to consider. Take a look at the 11 tips below to help you find… [Read More]