If You Own a Rental Property, Consider Your Property Management Options
Owning rental properties can be a great way of earning consistent recurring income outside of a typical job. However rental income not always entirely passive income. Owning a rental property involves management tasks, such as advertising for and screening tenants, collecting rent, and doing maintenance and repairs. Most owners of investment property are not up... Read More →
5 Signs Your Apartment Community Is Getting Good Management Services
When an individual real estate investor starts out, managing a rental unit that they live near may not be that difficult. There’s work involved, and it may be like a part-time job. However when a property owner manages several rental units or more, it can quickly become more and more like a full-time job. Even... Read More →
Things to Consider Before Renting Out Your Home
If you’re a homeowner who’s moving from the area either temporarily or indefinitely, you have a decision to make regarding your home: Do you sell it and find a new place when or if you move back, or do you hang onto it so that you know you’ll have somewhere to live upon returning? Maybe... Read More →
5 Tips for Buying a Profitable Rental Property
Some of the biggest fortunes in the world were built on real estate, so buying an investment property to include in your estate holdings can be a wise investment. Owning income producing real estate over the long term has proven to be a sound investment for many. But like any investment you’d make, it’s a... Read More →
The Power of Outsourcing Real Estate Management
Plenty of individual real estate investors start their careers in rental property ownership because they see it as a great way to earn passive income. Many soon learn, however, that owning rental property isn’t exactly passive. It takes some time and effort to manage rental properties. Even a single property carries with it enough duties... Read More →
5 Costly Landlord Mistakes and How to Avoid Them
One primary reason that keeps people from investing in real estate is property management. They want to be real estate investors, but they aren’t eager for the headaches that can come with being a landlord. It’s understandable. No one wants the landlord-tenant nightmares you sometimes hear about. But some of those nightmares are self-induced; landlords... Read More →
5 Top Reasons Why You Should Rent Your House Rather than Sell It
If you’re a homeowner who’s facing a move in the near future, you have a decision to make regarding your current home. If you’re not going to live in it, your first inclination may be to sell. But not all circumstances are the same. If you haven’t lived there long enough to build equity, or... Read More →
5 Important Questions to Ask Before Hiring a Property Manager
If you own residential rental real estate and have decided it’s time to hire a property management company, you’ve taken a major first step. You know that having someone else manage your property will make your life easier. Now it’s time to hire the right one. As in any business, not all property management companies... Read More →
What to Do When Your Tenant Can’t Pay Rent
If you’re an owner or manager of a rental property, the usual steps to take when a tenant stops payment rent are pretty straightforward. But since the COVID-19 pandemic struck, there haven’t been many things you could describe as “usual.” Tenants failing to pay rent can happen at any time. During stay-at-home orders, when people... Read More →
Local Eviction Law Changes during the COVID-19 Crisis
COVID-19, the illness caused by the novel Coronavirus, has disrupted the global economy on a huge scale. In the United States alone, there were more than 3 million new unemployment claims filed in the first week of social-distancing measures enacted by some states. Millions of Americans have been laid off or had their hours or... Read More →