Managing a rental property always comes with its challenges. There are many things you have to keep track of, from arranging timely maintenance of the unit to diligent background checks of prospective tenants. And, of course, there is a whole topic of collecting rent payments. What’s the best way to do it? Should you use […]
There are very few people with the resources to finance their real estate investments. Most investors use leverage, the process of securing mortgages or loans to purchase a property. The potential for a high return on investment in rental properties is a lucrative one. According to the Pew Research Center, 44.1 million households pay rent […]
As a landlord, you know your tenants’ pets have the potential to cause property damage — or even bodily harm. At the same time, you want to attract the best tenants possible, even if they have furry friends in their wake. For a long time, pet-friendly landlords have struck a balance by restricting certain breeds […]
As a landlord, your main goal is to facilitate a steady stream of rental income. With more and more payment tools in the marketplace, many landlords are becoming more open to accepting credit card payments for rent. Like every other financial decision you make, letting your tenants pay their rent via credit card has both […]
As college students return to in-person learning nationwide, landlords everywhere are sighing in relief. With students back on campus, the demand for housing has skyrocketed, making it a lucrative opportunity for property owners in college towns. The College Board reported that college students at four-year public universities pay $11,510 for room and board per year, […]
For landlords looking to make a bit more on monthly rent payments, renting out multiplex apartments is a very attractive option. These rental properties offer the unique advantage of containing multiple distinct living units at a lower upfront cost than two separate units, as well as being easier to maintain and manage. Whether you’re a […]
Whether you’re an aspiring landlord, a guru of real estate, or somewhere in between, you probably know just how difficult it can be to find a great tenant. In some cases, it can be pretty challenging to find a tenant at all, let alone a good one or great one. One good practice is to […]
There are a few concepts every landlord has to know and make a habit of them. Examples include running tenant screening, signing a written rental agreement, and performing a move-out inspection. All of these simple actions that sometimes are overlooked by landlords and property managers around the world come with multiple benefits. You decrease your […]
Living in a rented property can be hard on people. Ultimately, it’s another layer of the unknown in a world full of uncertainty. Similarly, any landlord would want to keep good tenants for as long as possible — it saves plenty of money and trouble. Although both tenants and landlords might visit insurance agents to […]
Building a real estate investment portfolio requires understanding how to choose the right loan for individual projects. The lending market is complex — however, gaining a working understanding of lenders, loan products, rates, terms, eligibility, and down payment requirements is an essential responsibility for any savvy investor. Here’s a quick review of the different types […]