Across the nation, more and more neighborhoods are bouncing back from the pandemic woes of 2020. However, precautions are still needed to keep everyone safe. As a landlord, showing properties is challenging while trying to adhere to social distancing and sanitation requirements. That said, there are many showing alternatives that landlords can utilize to still […]
Category Archives: Tips for New Landlords
17
Feb
Feb
Investing your hard-earned money in any venture takes planning and a calculated amount of risk. However, with risk comes reward, and real estate investment can prove profitable for investors willing to do their homework. Seasoned investors know that the formulas for rental home investment, along with the right people on your side, are the recipe […]
16
Feb
Feb
Disputes over a tenant’s security deposit can cause stress and even court battles for property owners. That said, handling a security deposit is not as simple as collecting the amount you want and keeping it to cover any repairs at the end of the lease. Instead, careful preparation, a legal lease, and knowledge of the […]
15
Feb
Feb
The new year is in full swing, and predictions are flying as to how the 2021 real estate market will turn out. After 2020, many are looking forward to what will hopefully be a better and more fruitful opportunity for investors and those looking to buy or sell a home. So, who will come out […]
12
Feb
Feb
Property maintenance for landlords is seemingly endless. Along with purchasing and managing the property, landlords must learn how much to budget for the ongoing maintenance needs they are sure to encounter. In addition to emergency repairs, preventative maintenance plays a key role in the health of your investment property. So, join us below to learn […]
10
Feb
Feb
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. […]
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 […]
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 […]