When you have multi-family units to manage, you can quickly become inundated with work. There are several things you need to navigate and expenses to be aware of. Here are a few things to consider:
Set ground rules
One of the first things you... (Read More)
Homeownership isn't for everyone. In fact, some people prefer renting over owning.
If you're trying to decide if renting is right for you, consider the following:
1. You're planning to move in the next few years.
If you desire flexibility... (Read More)
Should you or shouldn't you include washers and dryers at your rental property? This is a question many landlords ask themselves.
On one hand, it can be an added value to tenants - another amenity that can be featured on a rental listing. It may... (Read More)
When a tenant is looking around for an apartment, they will try to find a property that fits their needs. One of the ways they do this is by trying to picture themselves in the property and what it might look like furnished. If you're renting an... (Read More)
We all know that a residential investment can be very lucrative. However, it can also come with some headaches. How can a landlord safeguard themselves and reduce trouble down the road? There are actually a few things you can do to help lower... (Read More)
As a residential landlord, it's important to regularly invest in renovations. The right renovations can entice tenants to rent and increase the value of the rental. However, if too much money is spent during renovations, you may end up losing money... (Read More)
As you know, one of the top responsibilities that landlords have is dealing with property maintenance. Even if your property is in tip-top shape when you buy it, you'll need to do some things to keep your property maintained, and eventually, there... (Read More)
One bad apple can really put a damper on things. Yes, it's true — failing to properly screen your rental applicants can really cost you in more ways than one.
So how do you avoid falling prey to such a disaster? Look no further than this list... (Read More)
You may have a second home that you use during a certain season or maybe you just use it for your annual vacations. But, what happens when you're not in your second home? Do you let it sit empty, continuing to pay the mortgage on a home that's left... (Read More)