Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
Did you know that there are over 48.5 million rental units in the US? While there aren’t many accurate statistics on how many landlords there are, suffice it to say that that million rental units means that there are quite a few landlords across the US. If you...
When people take their first steps into becoming a landlord, they often expect that it will be a simple way to make a passive income. The dream is clear. Find a tenant, put them in your property, then sit back and relax as the rental payments come in. The reality is...
Moving to a new home, especially if it’s in a new city, creates stress. This stress can be troubling for children who do not fully understand what’s going on. Though adults can justify changes in environment and routine, little ones need extra time to process.When...
Deciding if you want to allow pets in your rental impacts how much profit you make, whether your property will get damaged, and how many tenants will be interested in your property. More and more people are getting pets, and yet not many landlords will allow pets....
Move-out inspections are an important responsibility for landlords and property managers to perform. Some states require a move out inspection, but even if your state doesn’t, most experts recommend that you take the time to do so. Here are a few basics that will help...