Making consistent, passive income as a landlord is largely dependent on the quality of your tenant. As I’ve always said, a responsible, long-term tenant is the most important piece of the investment property puzzle. High turnover (tenant leaving every 6 months to a year) cuts into your return on investment dramatically. With that in mind,…
I got a call on Sunday from my favourite tenant. She’s been living in one of my investment properties for nearly four years, and has been nothing but a pleasure to deal with. However, the only time she calls me, which is rare, is when there is a problem. So when I saw her number…
Kristoph Mathews is a jet-set, globe-trotting entrepreneur who is a recent recipient of angel funds to advance the development of his brainchild, Boxbee, Simple Urban Storage. If you think his company’s name says it all, you’re wrong. There is a lot more to Boxbee than simple ‘urban storage’. Boxbee’s unique value proposition to New Yorkers…
[dropcap style=”style1, style2, style3, or style4″]B[/dropcap]eing a great landlord is easy, provided you understand what to look out for, how to select the right tenant, and what neighborhoods to buy your investment property in. Also, you must learn where (and where not) to spend money on your rental. This article documents the 5 most important…
No matter how great of an investment property you may own, it doesn’t mean squat if your tenant screening process is weak. A bad tenant can, and likely will, negatively impact your cash flow on your rental. When selecting and building a relationship with my tenants these are precisely the 8 rules I follow. Reel…
Being a landlord is one of the best wealth creation strategies one can have if you follow my proven winning formula, and keep things simple. At the end of the day, a good investment property can be measured by three things: your monthly cash flow, asset appreciation and the amount of time spent dealing with…
Hire Space: In the Lucrative Business of Renting Cool Space With the continued growth of service networking services and sites, which allow people to swap services and goods with each other through online platforms, new ideas in this market happen daily. One of the newest onto the scene has been Hire Space, a one-stop shop…
I love being a landlord (although the word ‘landlord’ is a bit medieval and I’m not a huge fan of the term). I get a real buzz when I find a property that has been mistreated or in need of some TLC, purchase it for a song (because it is less desirable at the time…
Bose Knows: Staying Current in the Ever-Changing Home Entertainment Arena One brand that has become synonymous over the past few decades with both high quality sound systems, as well as sleek and attractive product designs, is Bose. While Bose outlet stores litter malls across America and the world, and the company has been well established…