Vacancies are expensive. When you don’t have a tenant in place, you’re not earning any rental income. We have some tips on how to avoid long vacancy periods, and what you can do to retain excellent tenants. Vacancies Can be Seasonal Make sure you structure your lease...
The most self-directed way to invest and build our financial futures is investing in single-family real estate. This is incredibly exciting but it can also be overwhelming. Not only are we the proverbial captains of our fate when it comes to real estate investment,...
The amount you charge for rent really depends on one thing: the market. Many landlords want to charge an arbitrary amount that matches their monthly expenses or the amount of cash flow they expect to earn. However, you cannot control what the market demands. There...
Everybody makes mistakes from time to time in their lives…..even landlords. There’s no shame to it. However, a landlord can make fewer and less costly mistakes if he/she is careful to avoid these 10 mistakes. 1. Incomplete or inadequate tenant screening...
Your experience as a real estate investor and a landlord will largely depend on the tenants you place in your rental property. Therefore, it’s crucial that you choose the best possible tenant for your home. You also want to minimize vacancy, which is one of the most...