Looking for tenants can be stressful, but so is looking for a new place to rent. Property owners who put extra effort into welcoming new tenants and responding to their concerns will come out on top in online reviews. With experience and the right property management, property owners soon learn how to ensure a perfect […]
8 Basic Steps to Becoming a First Time Landlord
September 8, 2020 by
Becoming a landlord is one of the easiest ways to invest in real estate. If you have a little extra money, property prices in your area are low, and rent rates are profitable, now may be the time to invest in real estate to generate additional monthly income. During these trying times of COVID-19, the […]
10 Property Management Tips For Landlords
September 2, 2020 by
Whether you’re a seasoned real estate professional, or new to the industry, whether you’re using a rental as a primary form of income, or simply a passive revenue stream, property management is a serious business and should be treated as such. It can, however, be difficult to start out—especially when you have no clear direction […]
8 Hospitality Tips for Successfully Renting Out Your Beach House
August 31, 2020 by
If your tenants are happy, they’ll come back, saving you the hassle of having to find new renters every year. It doesn’t take much to make your renters feel like guests in your home. There are many things to consider before buying an investment property but once you’ve made the purchase your number one goal is to […]
What the End of Rent Moratoriums and the Coming Evictions Could Mean to Landlords, Renters, and All of Us
August 10, 2020 by
On July 25, the federal moratorium on evictions ended. There are also state and local moratoriums with various ending dates. There were at least 25 states with moratoriums. The $600 a week unemployment premium ended on July 31 with tens of millions of Americans remaining without a paycheck. The writing on the wall couldn’t be […]
Should You Sell Your House or Rent It Out?
August 6, 2020 by
If you’re a homeowner who is considering moving to a new area or has simply outgrown your current house, you have a large decision to make: should you sell your house or rent it out? Each option has various benefits as well as drawbacks. To make the decision that is right for you, carefully consider […]
Should You Invest in Rental Properties or House-Flipping?
August 4, 2020 by
Although the housing market looks like it’s already recovered from the pandemic-induced downturn of last spring, don’t make the mistake of thinking we’re back to normal. With millions of potential evictions looming, a potential mass migration from cities to the suburbs, and historically low inventory coupled with sky-high demand, it’s safe to say the market’s […]
10 Ways to Reduce the Cash You Need to Buy a Rental Property
July 11, 2020 by
Most of us would love to have five or ten rental properties generating passive income for us every month. Far fewer of us actually own any rentals, having bumped up against one tall barrier to entry: cash. It takes investment capital to build a portfolio of rental properties. Cash for the down payment, cash for […]
7 Things to Know About Buying Your First Investment Property
July 1, 2020 by
There are seven important considerations you need to think about before investing in your first rental property. Here’s the rundown.
How Real Estate Investors Should Research Local Comps for ARV
June 28, 2020 by
Investors must have fair and accurate comps to determine the after repair value (ARV). You’re dealing with two different processes here that blend together. First is the combined total of the purchase price plus the cost of repairs (don’t forget holding costs). This is the minimum of what you’ll have invested in the house after […]
