Landlords who are looking for a new tenant for their property sometimes pick the first person that applies without taking the time to conduct proper due diligence to determine if the person might be the “right“ candidate. Consequently, such landlords often end up with people who either end up being ‘nightmare’ tenants or are simply […]
There are plenty of reasons why Texas is a lucrative field for real estate investors. In less than a decade, the state population grew by 3.5 million, even more than leaders of interstate migration like Florida or California. This wave of immigration is propelled by the low unemployment rate, an abundance of high paying jobs, […]
There is nothing more troubling for your budget, then when you find out that your homeowner’s insurance policy does not provide coverage for the emergency expenses. You’ve been paying month after month a substantial amount only to find out that your plan does not cover the particular situation you experience. For this reason, it is […]
The real estate market of New York is going through a turbulent period, with new regulations aimed at strengthening tenants’ rights, the new tax on luxury properties, and the taxing dispute between the state and IRS. The property taxes continue to rise, while the prices for apartments and commercial spaces grow at the slowest rate […]
Our philosophy includes the doctrine that states that landlords and tenants should get along to make a successful case. To make that happen, we recommend you paying more attention to the needs of your renter. One of the basic needs of an average tenant in the rental apartment is how your apartment gets through the […]
We receive questions regarding Section 8 vouchers so often that we decided to prepare a comprehensive guide for landlords on this topic. Here’s everything you need to know about renting out to the Section 8 tenants.
According to the National Oceanic and Atmospheric Administration, natural disasters cause billions of dollars of damage each year in the United States. The net worth of damage costs for 2017 and 2018 was almost $400 billion, with hurricane damage being the costliest. Whether you have been directly impacted, or you know someone who has, you […]
Being a landlord is not all fun and games. In order to protect both yourself and your tenants, you need to be responsible in your new role. After all, renting a place is not just about taking a couple of photos of a furnished place and calling it a day. You need to make sure […]
Landlords need to keep their rental units in pristine condition. The common belief is that landlords need to spend half their rental income on repairs, which seriously dips into their overall profits. Roof repair and air conditioning repair are expensive, but there is a better way to deal with expensive rental repairs. Many landlords spend […]
One of the great advantages of rental properties over stocks is that investors can predict returns. Not in a vague, over-the-next-ten-years sense. But in an immediate, this-is-how-much-I’ll-earn-this-year sense. Calculating rental cash flow is simple and straightforward, yet most new real estate investors still get it wrong. Here’s exactly how to predict a rental property’s cash […]