A Property Manager’s Guide to Handling Difficult Tenants
From the outside looking in, being a landlord is easy-breezy. You buy a property, find a tenant, charge a bunch of rent,…
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How to Use Your Rental Income Smartly
It’s not really a secret anymore. Real estate is the best, fastest, and most predictable way to build wealth. If you play by the rules, don’t get emotionally involved, and use objective decision-making to invest in the right rental properties, you will generate revenue over time. However, there’s one big question that remains: What do… [Read More]
The Top 10 Rental Property Marketing Mistakes
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]
The 7 Advantages of Real Rental Properties Over REITs
Most real estate investors are familiar with the concept of investing in rental property. After purchasing a property in an in-demand neighborhood, you can rent that property to various tenants, collecting income in the form of rent on a monthly basis. If you plan things right, you can make enough money to more than make up… [Read More]
8 Types of Difficult Tenants (and How to Manage Them)
Sometimes as a landlord, you’ll get lucky. You’ll find a nearly perfect tenant with excellent credit, punctual and respectful habits, steady income, and a burning desire to make rent payments on time while keeping your property in good condition. Sometimes, you won’t be nearly so lucky. If your property portfolio is big enough and you… [Read More]
How Long is Too Long for a Property to Remain Vacant?
Rental properties can be extremely profitable. They enable you to earn hundreds of dollars a month while you also benefit from the long-term appreciation of the properties’ value. But that’s not always the case. If the space is vacant, you’re losing money instead of making it. You’re responsible for paying the expenses, such as maintenance… [Read More]
How to Buy Your First Rental Property in Houston
You might be looking for ways to expand your portfolio. Stocks and bonds are only scratching the surface for your financial future; there are more ways to create passive income that’ll help to diversify your sources of revenue. If you’ve hoped to minimize the risk of losses in your life, your research has probably led… [Read More]
6 Rental Property Repairs You Should Prepare For
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]
How to Lower Closing Costs When Buying a Rental Property
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]
What’s the Best Way to Raise Rent for a Houston TX Tenant?
During the course of your property management activities, you may feel the impulse to raise the rent at one of your properties. There are many good reasons to do this, such as to cover new expenses like higher property taxes or HOA fees. You may also simply wish to increase your profits by keeping your… [Read More]
The 7 Most Common Tenant Complaints (and How to Handle Them)
Not all tenants complain. In fact, many of your best tenants will remain content indefinitely: continuing to pay rent and reaching out only when the house or apartment clearly needs routine maintenance or a small-scale repair. But some tenants will complain on a semi-regular basis. If you’re unlucky, you might end up with a tenant… [Read More]
From Our Blog
The Psychology of Home Buyers: How to Sell Your Home Faster
It’s easy to fall into the trap of thinking that selling your house is as simple as putting a for-sale sign in…