Deciding to make improvements to your rental unit is only the first step in a long, and sometimes pricey, process. When you spend your money wisely, it can lead to more competition for your unit, and a higher monthly rental income. But spend your money on the wrong improvements and Read more…
Renovations for rentability are a necessary and constant reality for landlords. You want to maintain a high quality rental. Both for the longevity of your property as well as attracting the best tenants. Every renovation comes with myriad decisions about the cost, quality, and style of the materials. Landlords should make Read more…
As you have probably learned the hard way, there are some property renovations that just won’t wait for a convenient time. Whether you have a tenant in place or are preparing to place one, there are certain considerations for timing your property improvements. If you already have a tenant in Read more…
Good tenants are easier to keep than they are to find. A good landlord knows this and tries to keep around the good ones who pay their rent month after month. Here are five of the best perks to offer tenants to keep them happy. Dog Park A landlord Read more…
Things to Consider When renting your own home you are imposing on your family by either renting out part of your home or leaving the house to allow renters. It is important to make sure that you are making enough money to make sure the costs, and stress make sense. Read more…
No matter what you decide renting your personal home as a whole or just rooms, or what season you rent it out. There are things to think of when deciding a preparing your house to be a rental. First – You are renting out your home This is your home Read more…
If you own your own home, you have lots of abilities to increase your income by using your house. You can rent out rooms, rent out the entire house, you can rent only during special events or on vacations. Your options are infinite as long as your local laws and Read more…
Being a landlord can pay off financially, but a landlord’s wealth is accumulated from hard work! Every landlord eventually runs into Murphy’s Law, when “Everything that can go wrong, will go wrong.” When you run into a new situation as a landlord, you may be wondering how to handle it. Read more…
Once again, we welcome our contributor Elizabeth Colegrove from Reluctant Landlord to offer her personal experience on dealing with landlording stress. Recently I spent a couple of months with a prospective tenant. They were applying sight unseen, so I took at least two hours to answer their questions and do Read more…
Getting involved in real estate investing is a rollercoaster by its very nature. Your emotions can rise to their best and sink to their lowest each and every time you bid on a property. It can be discouraging, feeling like you are always on one end or the other of Read more…