As a landlord, it’s essential you put the work in to look after your property. Even if your tenant is a perfect angel, it’s always a good idea to check around prevent problems that could arise down the road. A presence as a landlord also encourages your tenant to better take care of the property. If you show that you care about the upkeep of the home or apartment, it’s more likely that they will […]
The research is in. Investing in real estate generates more wealth than any other investment option. Want to build your net worth without wasting valuable time or risking traumatic monetary losses? If so, multi-family real estate may be the perfect investment option for you. Let’s get into the top benefits. 1. Scalability All successful business owners understand the undeniable importance of scalability. While it may seem like a safer bet to invest in a single property, this […]
There are more than 43 million Americans that rent their property. That’s the highest number in the past 50 years. No doubt about it: it’s a great time to be in property management. Property management professionals are in a great position thanks to the recent “rental rush”. And this trend doesn’t seem to be going away any time soon. Whether you’re new to this career path or you’re a seasoned professional, we’ve got some tips […]
Property owners nationwide filed four eviction notices every minute throughout 2016. In all, 2.3 million Americans got evicted. Unfortunately, evicting a tenant is sometimes necessary. Are you prepared to handle an eviction if a tenant refuses to pay rent? Keep reading to learn what every property manager needs to know about evictions. Evicting a Tenant 101 Choosing the perfect tenant through screening measures will prevent many evictions. Even so, you’re likely to have to evict […]
The key to having success as a landlord (aside from investing in the right properties) is renting to the right tenants. Rental profit margins are thin to begin with. If you rent to the wrong person and end up chasing down rent, going through an eviction, or repairing excessive property damage, that profit can get eaten up very quickly. Before you hand the keys over, take the necessary steps to vet your prospective tenants. Aside […]
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