According to Census data in the US, over 19.95 million rental properties exist in the country, and these, in total, have around 48.2 million units. No wonder investment properties can be a great way to make some extra cash flow. However, there are a few things you need to do before you get started. This …
6 Things You’d Need Before You Rent Your Property Read More »
If you’re considering getting into the vacation rental business, congratulations! Vacation rental properties can be a great source of income. However, it’s important to remember that managing a vacation rental property is slightly different from managing a traditional one. Here are tips to help you successfully manage your vacation rental property: Screen Tenants Carefully The …
Tips for Successfully Managing a Vacation Rental Property Read More »
Getting rowdy tenants for your rental apartment business can be very challenging. Recent studies have shown that up to 25% of all tenants are problematic, which can cause severe issues for landlords and property managers. These tenants can damage property, create noise disturbances, and even engage in criminal activity. This can lead to financial losses …
How to Deal with Rowdy Tenants: A Landlord’s Guide Read More »
If you’re looking to expand your rental business, knowing what strategies will be most effective is essential. You want to ensure you can reach new potential tenants while still providing top-notch service to your current residents. Because of this, it’s crucial to have a plan in place before you start expanding. Here are a few …
Landlord Tips: How to Expand Your Rental Business Effectively Read More »
Starting an apartment rental business can be a great way to make money while helping people find a place to live. There are a few key things you will need to consider before getting started, however. You will need to decide on the size and scope of your business, as well as what type of …
Things to consider when starting an apartment rental business Read More »
Navigating the coronavirus pandemic has been tough for everyone, including rental property owners. With the real estate market facing a lot of uncertainty and rising vacancy rates, owners are desperate for ways to stay afloat. There are several ways the COVID-19 pandemic has affected the rental real estate market. For one, physical viewings have been …
Growing Your Rental Property Business during the COVID-19 Pandemic Read More »
Commercial real estate has many perks compared to residential ones. Top on the list is profit. Investing in commercial real estate means annual returns of 6% to 12% off the purchase price. Compare that to the residential properties which can give you a measly 1 to 4% returns and you know you’re in good company with commercial …
Commercial Landlord Issues: Who Pays the Utility Bills? Read More »
Assuming the role of a landlord can be tricky. This is why many real estate investors are afraid to manage their own real estate investments. But the good news is, you don’t necessarily need to be an expert before you can become a good and successful landlord. You may need more time, patience, and experience to …
Do You Need to Be an Expert Before Becoming a Landlord? Read More »
Although owning a commercial rental property is an enviable investment, it does not come without flaws. A landlord must keep up with many things in the rental property. It’s not exactly a walk in the park to have rent payments coming into your bank account every month. What you need is an iron-clad contract that will protect …
Top Five Common Problems Landlords Face in their Commercial Rental Properties Read More »
When property owners build their property and finally have tenants, evicting the tenants is usually the last thing on their mind. However, when a tenant breaches the contract, a landlord has no other option but to remove them from their premises. The process of evicting tenants is not an easy one and can even get …
Mistakes that Landlords Make When Evicting Tenants Read More »