The most important aspect of rental property is making sure the return on investment numbers are met. The goal is to have expenses covered and leave enough leftover to provide a steady income to you. But how does this work out, and how much money...
Beginners in rental property may be able to piece together some real estate investment risks, but until you’ve done the work, there’s sure to be some hiccups that surprise you. If you’re a seasoned veteran, there’s likely some areas you’re well-versed in, while having less...
The bane of every landlord’s existence is rental property maintenance - whether it be a quick fix or a major project, repairs are inevitable and can feel endless at times. It may seem easy enough to roll with the punches and deal with repairs yourself...
Believe it or not, the life of a landlord isn’t always sunshine and rainbows. Between managing vacancies and maintenance to chasing down unpaid tenants, there are certainly some aspects of the job that are not as glamorous as the gig may seem. Landlords are often...
Congratulations! You’ve filled a vacancy and secured the lease with a new tenant. The hard part is over - but before you sit back and relax, don’t forget about collecting that handy security deposit. In single family rentals, security deposits are generally collected at application approval,...
When it comes to being a landlord, the never-ending cycle of maintenance and repairs can be exhausting and expensive. It seems when one thing gets fixed, another breaks, and you’re constantly on the phone with a contractor or looking up how to do it yourself....
Landlords who have run successful rental businesses for years do much more than collect checks on the first of each month. Landlords with less experience may set out to earn passive income right off the bat, but the process of running a rental business requires...
You may be thinking, Renters’ insurance? Isn’t that a problem for the tenant to deal with? While it is true that renters’ insurance is acquired by a tenant to cover personal belongings in the event of loss or damages, you, as the landlord, should still...