Before you purchase an investment property, there are two little-known, yet critical, steps to take, and they aren’t covered in the home inspection… so listen up – they can end up saving you a ton of cash. As you know from reading previous blogs of …
Best Time of Year to List Your Rental Property
It was nearing the end of my tenant’s lease, and she was planning on buying a house after renting for three years. I was sad to see her go because she was one of the best tenants a landlord could have, but thrilled that she …
How Much Can Your Tenant Afford in Monthly Rent?
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 …
How to Be a Great Landlord and Avoid Common Mistakes
[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 …
11 Tips to Increase Your Rental Property Income
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 …