If you have severe vacancy loss, it could be the death knell of your rental business. You need to steer the ship, and quickly–but how? In this article, we’ll explain what vacancy loss is and why it matters, how to calculate it, its common causes and solutions, and even answer frequently asked questions. Keep reading […]
Category Archives: Uncategorized
05
Mar
Mar
In the dynamic world of real estate investing, understanding the After Repair Value (ARV) is crucial. You need to know it to maximize your profit potential and make informed decisions. ARV–the estimated value of a property after all renovations and repairs are completed–serves as a cornerstone for investors to evaluate their investments’ profitability. This concept […]
04
Mar
Mar
You can never be too careful. After all, accidents happen, even when you take all the right precautions. What would you do if a guest got injured in your rental? Or if a small mistake led to a costly accident? That’s where renters’ liability insurance comes in—it helps cover these unexpected costs. If you’re wondering […]
27
Feb
Feb
Owning a rental property often means wearing many hats—landlord, accountant, and sometimes even handyman. So, you figure, you might as well benefit from all that hard work. So, if you’re taking care of repairs yourself, can you deduct the cost of your own labor on a rental property? It’s a fair question, especially with taxes […]
27
Feb
Feb
Moving out of a rental can be a bit overwhelming, especially if you’re not sure what to expect—or what it might end up costing you. From the final inspection to the cleaning requirements, there’s a lot to think about. But, at the end of the day, can a landlord charge a cleaning fee after you […]
24
Feb
Feb
With more landlords opening their doors to pet-friendly rentals, finding tenants has never been easier. Pet-friendly properties attract a larger pool of renters, helping you fill vacancies faster. But with the benefits come concerns—how do you manage potential noise issues and property damage caused by pets? That’s where pet screening comes in. But what is […]
20
Feb
Feb
When you moved into your apartment, you doubtlessly did a thorough walk-through to make sure everything was in good shape. You tested the appliances—the refrigerator, dishwasher, washer, dryer, and more. Everything worked perfectly. Fast forward to today, and your refrigerator has broken down, leaving your food to spoil. Now you’re wondering: How long does a […]
30
Jan
Jan
Rent prices are always changing, and having utilities included might seem like an easy way to keep things simple. After all, knowing exactly what you’ll pay each month with no surprises sounds ideal, right? But are utilities included in rent? And if they are, what does that actually mean for you in practice as a […]
22
Jan
Jan
Imagine you’re applying for that apartment you were eyeing for months. Your deposit is ready. Your references are superb; and you think it’s the perfect time to close the deal. Then, your landlord or property manager looks at your check and pauses. So, what does a background check show them? Your rental history, your job […]
20
Jan
Jan
Ideally, when someone rents out a home, they’d move in the following month. However, this doesn’t always happen in reality. Some people need to move in urgently, like in the middle of the month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay […]
- 1
- 2