Screening tenants and finding the right tenant that aligns with your expectations can be tricky business. You’ve invested in your rental property with your hard-earned money. Ultimately, you want a tenant that would take care of the place as if it was their own and pay their rent on time. Of course, you’ll need a […]
As landlords, you are responsible for giving tenants a safety place to come home to every day. That’s why property inspections are essential—ensuring that rental investments meet safety standards making them legal. Plus, by conducting regular inspections, landlords can identify problems early on and nip them in the bud before they result in more significant […]
Property management, principal, payoff letters—please slow down! Real estate talk confuses newcomers with all its jargon and industry-specific vocabulary. So if it feels like you’re drowning, don’t worry—we’ve got your back. Welcome to the latest installment of our Ultimate Real Estate Glossary! This article is part of our exhaustive list of most relevant words […]
As a landlord, it’s always ideal to have some basic knowledge and skills to take care of the repairs that will inevitably come up in your rentals without needing to shell out for a contractor. Let’s consider the two approaches: DIY-ing and hiring a professional. If you want to be hands-off, make sure that […]
Have you ever wondered what the difference is between renting from a property manager versus an individual, or ‘DIY’, landlord? It mostly depends on how you want to communicate or engage with them and what type of relationship you’d like to establish, but here are some key factors to consider when comparing the two: Relationship […]
These past coronavirus-filled months have been extraordinarily difficult for most landlords. Though way back in March, President Trump expressed positivity that we’d get over this pandemic “quickly,” in reality, nobody knows how long this will last. Many landlords weren’t prepared for the pandemic shut down and didn’t have reserves or financial planning in place […]
So, you have a nightmare tenant that you just want to get rid of! Though most property owners are all too familiar with the legal process of eviction, there is a viable alternative. If the seeds for eviction have been sown, “Cash for Keys” is a less intensive way to expedite the inevitable. What is […]
Most property owners have moved away from traditional advertising campaigns, like print ads, and have started using some form of social media to help drive traffic. With billions of regular users and dozens of tools and apps at your disposal, you need to implement the right social media strategy for maximum exposure. Target Your Audience […]
The rental business can be lucrative and enjoyable, but it can also be a mental and physical drain if you let it. So how can you fend off exhaustion as a do it yourself landlord? If you started investing in rental properties for the passive income thinking it was going to be easy, you often […]
You did the best that you can to encourage tenants to pay rent on time, but alas, they still pay late! It’s easy, as a DIY landlord, to slip into a less-formal relationship with your tenants — and that’s not even necessarily a bad thing. In a lot of ways, a less formal relationship means […]