For the past few years, a lot of investors have considered rental properties as a lucrative way to generate passive income. Aside from that, here are some the reasons that would convince you to invest in a rental property as well.
6 Tips To Being a Great Landlord
March 31, 2017 by
As silly as this may sound, this quote is very applicable to landlords and even to property owners. You have to face a lot of demands, create lease agreements, screen tenants, market rentals, evict poor tenants, and much more.
Standardizing Single Family Rental Terms and Definitions
September 26, 2016 by
The National Rental Home Council (NRHC) published a new report a few days ago establishing recommended best practices for defining, calculating, and reporting key financial and operational disclosure metrics for the single-family rental (SFR) industry
Living as a Landlord: Tips for Making Your Life Easier
July 14, 2016 by
Being a landlord can be fun and rewarding. But, it can also be a real pain. One of the unfortunate aspects of being a landlord is you deal with unruly tenants and unexpected repairs. Here’s how successful landlords have made their own way and what you can do to be successful while reducing stress. Pick
The Market Needs More New Affordable Homes
June 20, 2016 by
Across much of the country, home prices keep jumping and price wars are happening. Most people would think that would be a major incentive for new home construction. However, new construction is decreasing according to the U.S. Department of Commerce. Across the country, the number of newly built homes fell to only 72,600 in April.
Rental Rates Seriously Outpace Wage Increases
October 13, 2015 by
The U.S. inflation rate from August 2014 to August 2015 has been a mere 0.2 percent. The U.S. Bureau of Labor Statistics reports an annual average wage increase of 2.0 percent for the same period. That would indicate an increase in spending power. But not so fast. Property mangers expect to raise rents an average
Positive Cash Flow Without the Hassles of Landlording
September 1, 2015 by
Even as things change, two reliable ways of making money in residential real estate remain. Flipping houses and renting houses. You need to know how to do both and which one is best for today’s marketplace. But there is a flipping strategy that very few investors consider that works best. While foreclosures are greatly reduced,
Rents Are Up, So Are Evictions
November 4, 2014 by
On average, nationally rents have increased 7 percent year on year while income has only gone up 1.5 percent. Over the long haul, renting has appealed to people because it was less expensive than buying. Renting has traditionally cost about 25 percent of average income compared to ownership costing 30 percent or slightly higher (according
Multiple Ways to Improve Your Rental Business
August 18, 2014 by
There are several ways to save time and money in the landlord business. Some of the ideas shared here are probably familiar to you and some might not apply but some will. If you have ideas about saving time and money managing rentals please share with others by posting them in the comments below. Paint
Is It Better To Rent or Buy In Memphis
July 25, 2014 by
Lifestyle and finances play important roles in making a decision between buying or renting a home to live in. Without a doubt, home ownership has pros and cons. One of the more important cons that first time buyers often overlook is that ownership is much more complicated both in the process of buying a house
