Entries by Michael Hurley

The More the Merrier! 5 Lucrative Benefits of Investing in Multi-Family Real Estate

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 […]

Ready to Rock Real Estate? Tips for Property Management Professionals

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 […]

The Dos and Don’ts of Evicting a Tenant Every Property Manager Needs to Know

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 […]

Know Your Tenant: Tips on How to Run a Credit Check and Properly Screen Renters

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 […]

Cover All Your Bases: 5 Lease Terms a Landlord Can’t Forget

Did you know that the number of people renting a home has increased to the highest it has been since the 1960s? The rental market is booming, and landlords are getting top dollar in many markets. Before you rent your property, you’ll want to make sure you have a solid lease drawn up. Any good lease agreement should protect both the landlord and the tenant. There are certain things that your lease must include to […]