Many landlords have remained accustomed to the same type of marketing for their rentals for decades. Rental property tours and photos have showcased empty units, leaving the tenant to imagine the property as a home. Staging rental properties shows just how much tenants want to be able to envision a cozy home rather than a…Read More
Property owners and landlords utilize various investment strategies to grow their portfolios and businesses. For many, learning how to flip real estate contracts was a significant step along the way. Flipping contracts in real estate, also known as wholesaling, enables those without much free capital to get involved in the flipping market differently. While this…Read More
Tracking the success and growth of your rental business is only possible with the right figures, formulas, and perspectives. One of the most valuable tools for investors is the cap rate for rentals, also known as the capitalization rate. Cap rates boil down a variety of information that gives you an idea of the expected…Read More
There are a lot of numbers to keep track of in the rental industry. From vacancy rates to rent averages, numbers are a constant source of information and wealth generation. But there’s one number that some landlords forget to keep their eyes on: mileage for rental property management. Tracking travel expenses for rental property management,…Read More
Every landlord and real estate investor who owns rental property carries responsibility for paying their taxes each year. This is an overwhelming process for many, and it’s easy to miss out on substantial money-saving deductions. However, missing out on essential rental property tax deductions knocks down your business profits. Deductions consider your business’s expenses when…Read More
When someone says ”landlord,” most people think of residential landlords. Indeed, most landlords work with residential investments before considering commercial properties due to the difference in cost. But do you know what commercial lease landlord responsibilities are involved when changing to commercial work? Many rental property investors are unfamiliar with commercial landlord responsibilities or leases…Read More
Remaining successful in the rental industry requires constant improvements to your properties. Tenants expect properties that align with the current state of the market, and they may even be willing to make some of those changes themselves. In commercial spaces, it’s common for tenants to build out properties to fit their needs. Offering reimbursements to…Read More
It can be challenging for pet owners to find rental properties that allow their pets. Many are happy to pay extra to live in a nice place with their dogs or cats. Landlords can tap into a massive source of highly qualified applicants if they allow pets on their properties. However, they may find themselves…Read More
When thinking about your ideal tenant, have you ever considered a traveling nurse? Many landlords focus on leases that range from six months to over one year, but what if you tried your hand at traveling nurse rental property management? Traveling nurses are often on the road and constantly looking for unique housing options that…Read More
You know you’re responsible for meeting certain standards as a landlord, but did you also know that you’re responsible for specific landlord disclosure requirements when renting to a new tenant? Landlord disclosure agreements are an essential part of every lease. Failure to provide these disclosures means you could be sued by a tenant or otherwise…Read More
