When dealing with rentals, there are a few reasons to consider hiring a property manager as opposed to doing it yourself. If you are new to the title of landlord and are unsure about the inner workings of rental management, it may be a good idea to seek out assistance. When you have multiple units that you are trying...
Normally, you only hear about curb appeal in the context of homeownership or home sales. But curb appeal is just as important when you have a commercial building or a multifamily unit. Curb appeal can: Help you fill vacancies more quickly Improve the reputation of your properties Allow you to charge more for your units. If your building looks boring and...
Rent collection is an important part of being a landlord. Collection methods in the past were very limited, with only a couple of options to choose from. Now there are many different ways that you can choose to collect monthly rent payments. As with anything, each channel has its own advantages and disadvantages. However choosing one or two as...
Approving tenants for a lease can be a little bit of a process, with several steps you should follow. It all starts with the rental application, which involves gathering a great deal of information for you to review and verify. The purpose is to help you determine the chance of an applicant being a long term, reliable renter. The...
Once you acquire properties, clean them up and advertise their availability, your next step is to choose a tenant to occupy the rental. Whether you decide to hire a property manager to do this for you or you choose to do it yourself, you need to have a screening process in place. The reason for the screening process is...
You may own a property which might happen to be vacant during the winter. Typically, property becomes vacant when you are in between tenants, or if the property is listed on the market for sale.  You want to make sure that in either case, it is ready for showings at any time. There are several different ways that you...
If you live near a college or university, you’ve likely wondered if you should buy a rental property near campus and rent it out to college students. Here are some of the top benefits and risks associated with renting to college students to help make your decision easier. Benefits of Renting to College Students You don’t have to worry about not...
When you purchase a property to use as a rental, chances are that it won’t always be in the best condition. It may not be ready for immediate rental, and might require some updates before it’s able to be put up for rent. As long as the building is structurally sound, there are some minor improvements that can be...
Once you decide to invest in real estate, there are a couple options to consider when looking at potential properties. You have to decide if you want to sell the property or if you want to rent it out. If you decide to rent out a property and become a landlord, you need to think about how you are...
 When to allow a tenant to break their lease When you decide to invest in real estate and choose a property to rent out, there are many things to consider as a landlord. One important factor is your lease. Deciding what to include, the length of the lease, and making sure that you abide by federal and state laws are...