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passive income
A well performing rental property can completely change your portfolio.  Not only will you be able to take advantage of strong monthly cash flow returns but you can build a base for the future.  As appealing as this sounds getting there can be a different story.  There are many hurdles and pitfalls to becoming a...
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It is no secret that owning a quality rental property can completely transform your portfolio. Not only does it give you the ability to generate monthly cash flow but you can also realize long term appreciation.  As obvious as this may be not every investor is willing to pursue rental properties.  They are influenced by...
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If you own a rental property long enough eventually you will be forced to deal with an eviction. In a perfect world you can reach an amicable resolution and quickly move on. A more likely scenario is that the eviction will linger for months impacting every aspect of your business.  Often times the actions you...
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Most new investors realize the benefits of rental property ownership. Just one well performing rental property can completely transform your portfolio.  There is nothing wrong with quick flips and rehabs but there should be some balance to your business.  A rental property will not only generate monthly cash flow but can offer tax breaks and...
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As a landlord your lease is everything. Without a well written lease for your protection you leave yourself open to liability, litigation and financial loss. It is not enough to use the first lease you find online.  Your lease needs to be tailored specifically to the property, the market and your personal preferences.  Anything that...
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Tenant screening is the most important step you can take to ensure you are renting to quality tenants. While nothing you do will ever guarantee good tenants you always want to give yourself the best possible chance.  By taking the time to screen your tenants and ask the right questions you can eliminate many bad...
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To run an efficient rental property you need to be a good landlord. There are many rental property owners who do not have the residual cash flow to hire a dedicated property manager.  This puts them in the front lines with all of their tenants.  Instead of treating it as a job you should think...
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