To fill vacancies can be expensive and stressful for landlords. Not only do they mean no rental income, but they also mean increased costs for utilities, maintenance, and upkeep. Obviously, vacancies are something that landlords want to minimize as much Read more…
This past year has been a difficult one for landlords. As the COVID-19 crisis has impacted the entire country, landlords have dealt with a variety of issues including shifts in housing patterns, a federal moratorium on evictions, and a need Read more…
Finding the right tenant is one of the most important jobs of a landlord. The reality is that having quality tenants is perhaps the most important factor for long-term profitability and, of course, it makes life as a landlord much Read more…
Staying on top of preventative maintenance with a checklist is one of landlord’s and property manager’s most important jobs. Doing so ensures that properties are safe and well maintained. Plus, it helps to build strong landlord-tenant relationships and lets tenants Read more…
As most investors know all too well, the costs of vacancies are high when rental properties have no tenant, and landlords lose money. While some periods of vacancy are inevitable, for example when a property is first acquired, a lease Read more…
Often tenants will ask for an improvement or landlords will decide to make some improvements between tenants, the Costs of Rental Improvements must always be factored. Doing so has a number of benefits, including improving the rentability of a property, Read more…
The business of property management can be a rewarding and lucrative one, but it can also be time-consuming, frustrating, and overwhelming. The best way to ensure that you are successful and happy as a property manager is to be proactive Read more…
The pandemic has caused disruptions to rental markets and rental practices. As landlords and tenants alike learn to adjust to the new normal, it’s important that landlords keep their business safe by being informed and proactive about protecting their tenants Read more…
As so many things have changed in recent months in rental markets, it’s more important than ever for landlords to be informed, prepared, and efficient when dealing with tenant and property management issues. Thankfully, taking a few minutes to review Read more…
One of the best moves you can make as a landlord is keeping detailed records of your expenses to reduce the tax liability on rent income. Of course, depreciation is a significant expense. Even before a property exceeds the 27.5 Read more…