Tuesday, November 19, 2019

What ROI is good if you want to invest in rental income property?

As an investor, the most important thing for you is the profit you make on your investment. But when you buy a rental income property, your profit is the money you earn in the form of rent you receive from your tenants. Of course, the value of the property increases over a period of time but you are mainly concerned with its rental income...

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Monday, November 18, 2019

4 Characteristics Common in Great Rental Income Properties

You know that investing in rental income properties is a wonderful way to create asset and wealth. But you also know that you cannot expect good rental income from any property in any condition and in any location. You must identify the right property at the right price to make your investment profitable. This can be a very challenging ta...

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Friday, November 15, 2019

Should You Invest in Local or Non-Local Real Estate?

Location of property has great importance in real estate investing. While most investors prefer to buy properties in their own cities, there is no dearth of investors who choose properties in locations outside their own cities. Though there are preferences of investors regarding the location, experts believe that an investment property sh...

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Wednesday, November 13, 2019

Have you prepared your rental income property for the winter season?

Being a property manager is a thankless job where you find yourself always busy with either the upkeep and repairs or dealing with the problems of tenants. In addition to marketing, tenant screening, and rent collection, you also need to prepare the property according to changing seasons. If your property is located in an area that experi...

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Tuesday, November 12, 2019

Keep These Things in Mind if You Want to be a Successful Landlord

There are many investors who become excited with the prospect of a passive stream of income after becoming a landlord. It is only later that they realize that being a landlord is not fun and they have to be responsible to their property as well as tenants in order to become a successful landlord. Here is a checklist for you to be fully pr...

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Monday, November 11, 2019

All You Need to Know about Section 8 Tenants

Being a landlord, you receive application for tenancy form many types of individuals and families. One of these types is section 8 tenants. If you do not know, Section 8 is a move by the government that aims to make rented housing more affordable for eligible families. As a property owner, you can accept section 8 vouchers from low income...

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Friday, November 8, 2019

Predicting cash flow from a rental income property

For a landlord, cash flow from a rental income property is the most important metric. He is always looking at a property that can generate a positive cash flow month after month. One of the best things with this form of real estate investing is that one can make an intelligent guess about the kind of income he can expect from a property a...

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Thursday, November 7, 2019

How to Confirm the Monthly Income of the Applicant?

Household monthly income of a family is one of the most important rental standards set by the property management company looking after the affairs of a property. All property managers want to ensure that their tenants can pay their monthly rents without experiencing any difficulties on account of their expenses. By setting monthly r...

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Wednesday, November 6, 2019

Do not forget to ask these questions to your rental property applicants

If you are a property manager, it is your responsibility, and also the endeavor, to allow entry in the property to good quality tenants only. You have a robust tenant screening system in place for this purpose. However, despite your best attempts, some bad tenants find a way to get inside your rental property. Here are some questions that...

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Tuesday, November 5, 2019

Most Expensive Repairs in Rental Properties

Being a landlord is no fun. There are many investors who are excited by the prospects of a steady stream of monthly income. What they do not realize is the kind of effort (and money) that goes into repairs that are a part and parcel of maintenance of any rental income property. Some of these repairs are cosmetic in nature and get over qui...

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