Owning a rental property should be viewed as a long term investment. If you take care of the property it will produce income for years to come. As apparent as this may be not every landlord is willing to go the extra mile. They would rather allocate any extra cash flow to other areas of...Read More
Even though fall is just a few months old it is never too early to think about winter. As a rental property owner you need to do everything you can to protect your investment. There is no season that can produce greater wear and tear on your rental property than winter. One frozen pipe will...Read More
There are many investors who are on the fence when it comes to buy and hold real estate. For every five investors who recognize the upside that rental property provides there are a few that focus on the negatives. Between dealing with tenants, handling maintenance issues and protecting your property being a landlord certainly has...Read More
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
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
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
As a rental property owner finding good tenants is a necessary evil. The screening process itself can be long and grueling but it will impact your business for the next several months. Good tenants are the key to any good rental property. It is important that you spend the time to know exactly who you...Read More
A good rental property can completely change your portfolio. While most investors are only focused on the next deal a quality rental property can supply long term wealth. Five, ten and even twenty years may seem like a lifetime from now but often comes much quicker than we think. With a strong rental portfolio to...Read More