The owner/tenant relationship is a business relationship by nature, and both parties stand to benefit when the relationship is positive. Tenants who feel valued and appreciated are more likely to take good care of the rental unit. They may also be more likely to...
Anyone who owns real estate knows maintenance is just part of the gig. When you own rental property, however, the responsibilities for some of those maintenance tasks can become a little more ambiguous. Is it the tenant who should be tasked with fixing an issue in...
Managing costs is a huge part of being successful with your rental property investment. Expenses can quickly eat into your profit margins, and if you’re not prepared, they can empty out your reserves in a hurry. With rising costs across the board, record inflation,...
Being self-reliant is a good quality. In fact, our cultural ideals are based on the very idea of pulling ourselves up by our bootstraps. But sometimes the best way to become a “self-made” real estate investor is to ask for help. To be clear, help comes in many forms....
Maintaining accurate accounting records is sometimes thought of as a secondary responsibility of owning rental properties but understanding the accounting process is essential to your success (even if you have an accountant to help you out). Not only does it enable...
Rising inflation has had us all on the edge of our seats this year. Turn on any news station and you’ll hear reporter after reporter telling you we’re riding a wave of some of the highest inflation rates the U.S. has seen in several decades. But what about for you as...
