Investing in real estate is a fantastic way to collect passive income and build long-term wealth. However, if you are new to the industry, it can be daunting even figuring out where to start. Thankfully, successful investors, real estate moguls, and financial professionals share their knowledge in books that any potential landlord can benefit from. […]
Monthly Archives: February 2021
09
Feb
Feb
Unfortunately for landlords, the COVID-19 pandemic has left many tenants unable to pay for their monthly rent due to shut-downs, furloughs, or complete job loss. As businesses struggle to resume operations, the threat of tenants not being able to afford to pay all of their bills continues to be an issue. So, what are property […]
08
Feb
Feb
In the rental industry, price is a major ruling factor. Not only does it affect tenant’s ability to afford your property, but the price also contributes to how much profit landlords have at the end of the month. But how does a landlord know how to price a rental property competitively while maintaining a healthy […]
05
Feb
Feb
As a lease comes to an end and tenants vacate, it is time to go through finding new tenants all over again. Part of a landlord’s job is to complete a move out inspection to determine tenant damage. However, what happens when you inspect the residence and find that the property’s tenant left personal items? […]
03
Feb
Feb
The dreaded end of year tax season is once again upon us. This can be a particularly stressful time for landlords trying to navigate what you can and cannot write off. There are, in fact, many tax benefits for rental property investors, but only if you know how to use them. So, continue reading below […]
02
Feb
Feb
In a perfect world, every tenant would move in on the first and out on the last day of the month. However, the reality is never perfect. As a matter of fact, moving in after the first is very common throughout the rental industry. So, when the lease begins on any day other than the […]
01
Feb
Feb
For landlords and tenants, the line between damages and normal wear and tear must be clearly defined from the start. Therefore, it is critical to outline what happens when repair issues arise to prevent disputes down the road. In general, landlords cover the cost of any standard maintenance in the rental property. That said, some […]
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