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rental property tenants
There are more rental property opportunities available today than ever before. A growing number of potential homebuyers are holding off and flooding the rental market. This has created ample demand for rental properties and in turn demand for landlords. On the surface, owning a rental property might seem easy. You buy a property, find some...
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Having a quality rental property is not enough to attract tenants. In hot markets good rentals may be a dime a dozen. You need to come up with ways to have your property stand out from the crowd. Instead of massive upgrades throughout the property you are better off making subtle, but impactful, changes. Updating...
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There are two sides to every debate. For some reason, the world of real estate investing is full of debates. One of the more common debates is whether to hire a dedicated property manager. In a perfect world, every landlord would have someone to run their property. As much as there is a definite benefit,...
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On the surface, being a landlord seems pretty simple. You find a tenant and wait for the first of every month for rent checks to pour in. At the end of the lease you repeat the process and start all over again. Anyone who owns rental property knows this isn’t exactly how things work. There...
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A healthy real estate portfolio is one of the keys to true long-term wealth. Even a sole single-family rental can completely change your financial outlook. As much as you may see the upside with a rental, there are a handful of negatives that can be difficult to ignore. There is no question that if you...
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Owning a rental property is more than simply finding a tenant and waiting for the rent on the first of the month. While anyone can passively manage a rental, there are a few important actions you need to take if you want to maximize your bottom line. Like anything else in real estate, it is...
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A quality rental property can completely transform your portfolio. The idea of having tenants provide you with monthly cash flow while reducing your loan balance is a very appealing thought. However, not every property makes a good rental. It is important to always do your due diligence on every prospective rental purchase you make. There...
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There is a big difference between a good landlord and a great one. In most cases it is the little things you do that make all the difference. By going the extra mile, even when you don’t have to, you will have a happier tenant that respects you and the property. A happier tenant is...
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Every rental property you own should be treated like its own individual business. Like any business you need to know everything that impacts your bottom line. In many cases there are several little things that can eat away at your cash flow if you are not careful. Alone they will not break the bank, or...
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In the real estate world one mistake can wipe away years of hard work. Many landlords think responding to a tenant complaint is annoying but it is a walk in the park compared to facing litigation. Without even realizing it you could not be following fair housing rules and regulations. If the right tenant realizes...
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