As a property manager and landlord, I have learned that screening can be the most important element in owning a rental property. Picking the right tenant on paper and in character sets the tone for the next 12-24 months for your investment. This means if you have a great tenant with a smooth system in place,... Continue Reading →
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When Does Buying New Construction Single-Family Homes Make Sense?
As the prices of properties continue to soar in many areas, the question regarding whether to buy a newly built home or rehab an existing one has been popping up with increasing frequency. For some, the lure of a freshly built single-family home that has never been inhabited is a no-brainer. Others prefer the perks... Continue Reading →
I Asked Landlords for Their Best Tips: Here Are 6 Recurring Secrets to Success
As someone who teaches property management for a living, I’m always on the lookout for great tips, tricks, and hacks to cut landlord labor and expenses. So I often ask members to share their favorite tips and tactics in our landlord Facebook groups. Many of them are classics I’ve heard repeated through the ages. Others... Continue Reading →
12 Reasons Why Rental Properties Are the Best Investment
It’s no secret that I love rental properties. Sure, flipping and wholesaling properties might be fun. Notes and tax liens might have fewer tenants. The stock market might be more popular. But rental properties are my true business love. Let me explain why. 1. You can purchase it using leverage. Rental properties are great because you can borrow the bank’s... Continue Reading →
8 Features That Make Your Rental Irresistible to Families
Kids are high-impact on rental properties. So why the heck would any landlord go out of their way to attract families? First, because families tend toward longer tenancies. Young adults in their 20s move frequently, as they bounce between jobs, date around, get married, and start having children. It’s a tumultuous time. Once they find... Continue Reading →