A well-drafted lease agreement protects your interests as a landlord as well as your tenants’. If it’s been some time since you’ve reviewed your lease agreement or if you’re drafting one for the first time, read on for some important clauses to include. 5 Essential...
Depreciation in real estate is a tax strategy that, when used effectively, can help you be even more successful with your investment. Here are some key things to know about building wealth with depreciation. Depreciation as Defined by the IRS Depreciation is an...
If you own rental property, you are a landlord. Whether or not you manage the property yourself, you still own the space and any final decisions regarding the property will always be yours. As you pursue a path in real estate investing, it’s imperative to consider...
Personal Finance 101 tells us to always save for a rainy day, but as property investors, it’s more like we need to save for rainy months. An emergency fund, also referred to as a reserves account, helps shield you from financial disaster when other types of unexpected...
All real estate investors have goals for their properties, but not everyone has taken the time to develop an overarching philosophy when it comes to their approach to investing, but they should. A clear investment philosophy is like having a roadmap to guide your...
