To maximize rental cash flow you need to stay on top of your property year round. It is not enough to list your rental and wait for tenants to pour in. Even if the property doesn’t necessarily need updates it is always best to be a step ahead rather than a step behind. In competitive...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
Owning a rental property is one of the building blocks for long term wealth. If you run things right you can collect checks and build equity for as long as you own the property. As great as this scenario may be you also need to take time and consider the alternative. Regardless of your experience...Read More
A student housing rental can be one of the best additions to your portfolio you will ever make. It is not uncommon for a rental property located near a College or University to demand rents 10 to 30 percent higher than similar properties on the other side of town. While student housing can demand higher...Read More
Owning a rental property and collecting rent checks is one of the best aspects of real estate investing. As great as being a landlord is it is far from easy. There is a lot that goes into owning a rental property. Between finding a good property, good tenants and putting a good team in place...Read More
Owning a rental property is one of the best ways to accumulate both short and long term wealth. However, owning a rental property alone doesn’t guarantee a positive return. The best owners take an active approach in improving their property. Without constant maintenance and upgrades even the best properties slowly deteriorate. When they do instead...Read More
