Like most pieces of the property management puzzle, raising the rent is part art, part science. There’s a human element to it—that’s where the “art” comes into play. Fortunately, even that can be systematized. Far too many landlords hesitate and fear raising the rent. But it’s a part of the business, as raising prices is... Continue Reading →
6 Reasons Short-Term Rentals Aren’t a Sustainable Investment Strategy
Short term, Airbnb-style rentals may be popular, but that doesn’t make them a sustainable real estate investment strategy. Airbnb may wind up winning the legal battle for short-term rental landlords in many areas. Still, that won’t ensure the sustainability of this strategy for buy and hold or retirement investing. The high rents may be alluring... Continue Reading →