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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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]
By default, most landlords consider offering only fixed term leases. Fixed term leases are the most common type of lease, providing stability and predictability to both the landlord and the tenant. Typically covering a period of one or two years, these lease agreements form the backbone of the rental property world. But there’s another option… [Read More]
You’ve likely noticed that your rental properties are experiencing fewer and shorter vacancies than usual lately. Even if you don’t have a rental property, you’ve likely seen mainstream publications on the surge in demand (and prices) for rental properties. The data is in. For rental properties all across the country, vacancies are nearing record lows… [Read More]
Did you know about 44 million housing units were occupied by renters in the U.S. last year? Finding good tenants is hard work. It involves advertising vacancies in the right places, charging competitive rental rates, conducting thorough background checks, and doing other things. One source notes that the average time a U.S. renter in a… [Read More]
If you want your rental property to be successful and generate consistent income, you need to keep it occupied with tenants. And to attract those tenants, you need to market your rental property. That means putting your property in front of more people looking for a rental and making it seem as attractive as possible…. [Read More]
Did you know that real estate investors scooped up almost two in 10 — precisely 18.4% — of homes sold in the U.S. during the final three months of 2021? It’s well-known that investing in real estate can be a profitable endeavor over time. In addition to the potential for significant property value increases, real… [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]
Rental agreements in Houston are legally binding contracts that must conform to Texas state law. A lease containing clauses that violate state or federal law can be deemed null and void by a judge. However, no matter how much effort you make to be specific and follow the law, sometimes lease terms can be ambiguous… [Read More]