landlord

Tenant Upward Mobility and Real Estate Investing

One of the more critical components to achieving the highest level of return on investment from a rental property is avoiding high tenant turnover. Every time a tenant moves out of your investment property, you, the landlord, have to put money back into the place. …

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Condominiums Are Horrible Investments For Landlords

It was a beautiful condominium. The layout was spacious and open, tons of natural light coming in, high-end finishings and appliances, the dining area overlooked the mountains, it was in a desirable neighborhood, and it even had a yoga studio in the complex. At first …

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How to Renovate a Beat-Up Rental Property

2017 has been a year of renovations for our rental properties. We’ve acquired two new units and renovated five. And we’ve had tenant turnover like never before. In all but one of our suites, our tenants have changed. But that kind of turnover creates the …

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How to Renovate Your Rental Property for Max ROI

As a landlord managing several investment properties, I’ve always advocated for, when needed, renovating your rental property with high-end finishings. What I mean by that is where there are laminate countertops, replace with granite. Linoleum in a bathroom, replace with tile, and where there are …

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How to Avoid the Tenant from Hell

Ah, the tenant selection process… it’s where you are made or played as a landlord. Almost your entire success as a landlord hinges upon selecting the right tenant for your rental property. I just went through the process again this July for one of my …

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Why Tenants Should Live Better than Landlords

Ask the kitchen staff of a fine restaurant who eats better, them or the patrons… same goes for car dealers; often the clients drive better cars than the sales staff. Hotels too – guests sleep in nicer suites than the workers live. At the end …

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Landlord Etiquette – How to Build Rapport with Tenants

A tenant is a landlord’s business partner, and they should be treated accordingly. This means they should be shown respect, but also held accountable. Essentially, they are watching over one of your most expensive assets – therefor it is imperative your relationship with them is …

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The 5 Biggest Mistakes Landlords Make

Investment properties are simple to run when you’ve done your homework or have experience – it’s not rocket science and being a landlord is one of the best ways to generate passive income. However, rental properties can be disastrous for haphazard first-time landlords. In light …

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Pay Down Your Mortgage or Save?

We are living in strange times. Western world central bankers are creating an economy based off debt, which is scary because consumers have demonstrated in decades past a general lack of fiscal responsibility when credit is cheap. What’s more, some countries in the Western world, …

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