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Rental properties remain one of the most common and most lucrative investments you can make. Throughout your ownership of the property, you’ll be able to collect monthly rent from tenants, exceeding your monthly expenses in most cases. On top of that, you’ll benefit from the long-term appreciation of the property – rising prices in a

Property damage is unavoidable. If you haven’t had to deal with destruction yet, you will at some point in your career. Some tenants simple aren’t able to avoid harming walls, screens, closet doors, and ceilings. Small holes, scuffs, and scratches beyond normal wear and tear are often caused by carelessness. For example, a tenant might

Landlord-tenant disputes over pets are probably unavoidable. At some point, you’ll have a tenant who gets a dog or a cat without permission or avoids paying the required pet deposit. However, such matters are mild compared to finding out your tenant has a dangerous or exotic animal. Discovering an exotic animal in your tenant’s possession

Maintaining a strong relationship with your tenants will play a crucial role in your success as a landlord. Though there are plenty of ways to strengthen and keep your tenant relationships throughout the course of a lease, you can start building a good relationship by gifting your tenants with a welcome package. Providing a welcome

Rental property is a gateway to many great financial outcomes; you can use rental property to generate cash flow and make a steady monthly profit, or you can optimize your portfolio for long-term growth, capitalizing on appreciating home values in a chosen area. Depending on what angle you choose, you may invest in different types

Tenants are often the ones trying to make a positive first impression on landlords – hoping to convince them to choose their rental application over a thick stack of other similarly qualified applicants. But first impressions matter for landlords, too. If you want to increase your chances for success, you need to connect with tenants