As a property owner, one of the concerns that you face is handing over the responsibility to your property manager to find a tenant that you will never meet. At RL, our leasing department has a fine-tuned process to finding a qualified tenant for your property....
Passive income. That’s the dream from the beginning – Robert Kiyosaki’s Rich Dad, Poor Dad, Tim Ferris’ The 4-Hour Work Week – what we all learned from these books was to let the asset do the work for you! You make money while you sleep, right?
All of these assumptions are wrong. They won’t declare bankruptcy while living at the property And if they do, you can evict them They won’t make partial payments They won’t make partial online payments They understand your late fee policy They will pay the water...
We once had a fellow real estate investor ask: “I have a crack going horizontally straight across the basement wall at one of my properties. I am assuming it is a result of hydro-static pressure. I have had the drains snaked and the tenant does a decent job of keeping...
Peter Lohmann, RL Property Management, 2019. Something rarely discussed are the long-term advantages of holding rental property. Many “helpers” (realtors, lawyers, bankers, etc) in the real estate industry make money every time you transact...