Real estate is one of the most lucrative investments available. People will always need homes to stay in, whether temporarily or for the long-term, and providing them with the accommodation they need will bring you extra income even while you’re sleeping. However, the industry is notorious for using jargon that can sometimes alienate those hoping […]
Read MoreAs a property owner, you’ve most likely seen your fair share of various challenges that are characteristic of the field of property management. Whether it’s in the context of negotiating with lowball offers or keeping up to date with constant maintenance, the list of hurdles that you’re bound to encounter in the short and long […]
Read MoreIf your business involves investing in buying properties and renting them out to tenants looking for a place to stay, you could generate significant income to help pay for your mortgage in time. Other than that, it’s a great way to earn passive income without having to work hard every day just to make a […]
Read MoreAs a property investor and a do-it-yourself landlord, you have to familiarize yourself with owner-tenant laws in your state. It is one of your many responsibilities that you should not neglect, as these laws will state what both parties should follow, especially regarding rent increases, evictions, and more. If you have only recently acquired your […]
Read MoreWhen you self-manage your rental property, you should be good at interacting with others. Today, landlords can text, email, and call tenants, relaying information instantaneously from where they are. While you might have personal preferences for certain methods of communication, there are financial and legal factors that make some more suitable than others. Here are […]
Read MoreYour rental contract will define the scope and limitation of your liabilities as a landlord and how your tenant should comply with these terms. Besides paying the agreed-upon monthly rent and utility costs, you’ll also need to implement other clauses that pertain to proper tenant behavior and general property management concerns. One crucial clause you […]
Read MorePets are adorable! Many Americans like having a furry companion by their side—so much so that the chances of coming across a dog during your walk in the neighborhood are most likely. In fact, 67 percent of U.S. households own a pet as of last year, according to the American Pet Products Association (APPA) National […]
Read MoreBeing a rental property owner is no simple task, especially once the business grows and you have to manage and maintain multiple properties. If you think real estate investment is in the cards for you, it’s important to understand what property management entails. It’s so much more than being “on-call” for quick fixes when something […]
Read MoreBeing a landlord isn’t as easy as it looks. Property management is more than just collecting rent at the end of each month. It also includes coordinating with maintenance, keeping track of the property, and creating monthly reports about everything. If you want those responsibilities to go to someone else, you need a property management […]
Read MoreSelling your house is ideal if you are retiring, moving to another country, or addressing financial issues. Regardless of your reasons for putting your property on the market, you may get too excited about the idea of getting multiple offers and the best price for your home. But don’t get too carried away just yet. […]
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