As a homeowner, letting your property out to a tenant is a big deal. You’ll probably be conscious of how your tenant will treat your home. Renting out your home isn’t a light decision, but it can be well worth it. However, having a rental property isn’t just about collecting rent. Your duties will also … Read more
As a real estate investor, knowing how to set a rental price for your investment property is important. We go in-depth about why it’s essential to set the right market rent for your home, and you can read more about this topic [HERE]. Understanding the rental value of your home is important to managing your … Read more
There has been much written on BiggerPockets recently about property management – Do you use a professional property manager? Should you use a professional property manager? What do they do? Are they worth it? I’d like to discuss who we are as property managers, what property managers should offer, and why I think property management services can … Read more
Being a landlord is not a very easy job. This can be proven by a lot of landlords who manage a lot of properties. You might see on televisions and magazines that being a landlord is an easy life but this is not always the case. You have to dedicate every hour of the day … Read more
Having your own property for rent can bring you an indefinite stream of income that many people want. However, if you are new to the game, it takes some time, patience, and capital in order to succeed. If you are not a well-organized landlord, you might not be able to find trustworthy tenants that will … Read more
Being a landlord can be a dream come true for many people. However, many landlords will tell you that their lives are not always full of roses. Sometimes, there are thorns that they have to deal with and they found out that the property that they have is not so profitable as what they have … Read more
Many landlords myself included, make one mistake that is not an uncommon one, but you might do not think about it as much as other mistakes. The mistake I’m talking about isn’t property inspections, the property insurance, or even screening new tenants, it’s trying to self-manage your properties by yourself. Here is why this can … Read more
6 THINGS YOU SHOULD NOT DO AS A LANDLORD If you’re a new investment property owner you’ve probably realized, there’s a lot to learn! Here’s a list of things on the absolute do not do list… trust us, avoiding these things will save you lots of time and money. 1. Don’t Assume Your Property Will … Read more
Now what if you have found the perfect tenant? What do you think are the top concerns of any tenants? While tenant insurance is usually neglected, let me share with you a property manager perspective in this matter. Once you have finalized a deal with a new applicant, you’ve just completed the puzzle of your … Read more
It is difficult to choose which house amenities your property should have. House amenities vary somewhat depending on location and the architecture; however, there are certain items which you should never have in your rental property. Certain items are impractical for making long-term rental income even if they are convenient in your home. This article will highlight the top items. … Read more
Preventive maintenance for rental properties is always better to perform than emergency maintenance because spotting a problem early leads to a cheaper repair. Finding potential problems in your rental property will take some diligent work and can be daunting for a single person to perform, especially if a person owns multiple properties. A shortcut list … Read more
Just when you thought you’re going to get a good sleep and you receive a phone call from a loud woman. Guess what, it’s your tenant, telling you to fix their leaking faucet at 10 PM. Maybe it’s time to look for the best property management company? How To Choose a Property Management Company Have you … Read more