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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Tenants are Protective of Their Deposits: 5 Ways to Mitigate Potential Conflict
If you’ve been a landlord for a while, you’ve probably noticed that tenants are extremely protective of their deposits. It doesn’t matter if the deposit is only $200 – tenants get upset when they don’t get their full deposit back.
Is The Security Deposit Obsolete?
Security deposits have long been a norm in the rental world. Tenants are expected to put down as much as an entire month’s rent as insurance against potential damages. Then, when they move out, properties are assessed and the security deposit, or a portion thereof, is supposed to be returned based on the condition of… [Read More]
8 Tips to Make Security Deposits Less of a Headache
As a real estate investor and landlord, your job is all about mitigating risk and maximizing return. The more you’re able to accomplish these overarching goals, the more success you’ll experience. And while security deposits may seem like a small issue to outsiders, experienced landlords know just how much they impact both risk and reward…. [Read More]
Security Deposit vs. Move-In Fee: Which is Better for Landlords?
Landlords are always looking for ways to reduce risk and increase profitability. And when you let someone else live in your property, one of the biggest risks involves the potential damage they could do to the residence. For years, the security deposit has been the preferred method of compensating for property damage related risk. But… [Read More]
How to Set the Right Rent for Your Properties
Whether it’s your first time renting a property, or you’re an experienced landlord, setting the proper rent price will help determine your financial success. Ideally, you would like to set the rent as high as possible to maximize your cash flow. However, in reality, there is more to setting a rent price than determining how… [Read More]
From Our Blog
Tenant Psychology: How to Better Appeal to Prospective Property Renters
One of your biggest priorities as a landlord is going to be keeping your property occupied. When the property is vacant, you’ll…