Smart devices are more affordable these days and thus more commonplace than ever. Homeowners and renters alike are interested in the security, convenience, and integration that having this home technology provides. Does this also mean that creating a smart home for rental property purposes makes sense? As with many things in the real estate business,…Read More
Sometimes, you’ll need help managing your business. Bringing on contractors and property managers just makes sense as you grow, but that decision doesn’t always lead to positive results. You may even need to learn how to file a complaint against a property management company. In most cases, it’s tenants who complain about or take legal…Read More
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about the rise of mortgage rates and the impact it will have on the rental industry including just how much you’re paying per sq. ft on a house now vs. years prior. We’ll also chat about a Buffalo, NY landlord that…Read More
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about the importance of doing due diligence as a landlord, including calling other landlords. Well, you’ve found the best tenant ever and you’re so excited for them to sign the lease. But, yikes! It’s been ten days and you haven’t heard…Read More
Successful investors aren’t likely to stop at one property. One profitable rental quickly turns into two, three, and then dozens. Learning how to manage a real estate portfolio is critical to continue growing your business and generating profits. Portfolio management doesn’t have to involve dozens of real estate professionals or hired financial advisors, but you…Read More
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about how to change a lease agreement when the tenants are getting a divorce. What happens when you need to find the address of an existing tenant? Find out how to figure out where an old tenant lives. Last, but not…Read More
Updated January 2023 The financial aspect of working in the rental industry often becomes overwhelming. For both new landlords and those with experience, tax time is a challenging part of the year. One topic that’s been confusing landlords in recent years is bonus depreciation. Bonus depreciation is a type of tax deduction that has been…Read More
Continuing education is one of the most essential tools that landlords can use to have ongoing success. However, finding the right resources to learn from can feel too time-consuming when you already have a busy lifestyle. Enter real estate YouTubers and the value they provide. Real estate YouTube channels offer a vast amount of information…Read More
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about a tenant that found BB Gun shots in the window from the rental’s neighbors. Evictions are up and likely to increase! Here is what to expect within the next two months in the court system. Last, but not least, how…Read More
Owning rental property isn’t all it takes to grow your rental business. Analyzing your properties, markets, and plans is also essential to long-term success. Rental yield is one of the best calculations landlords use to calculate how much they make from their properties. What is it about rental yield that is so powerful? The rental…Read More
