Real Property Management

How to Make Rentals Senior Friendly

How to Make Rentals Senior Friendly

As the U.S. population ages, the demand for rental properties that cater to the unique needs of seniors is on the rise. In recent years, the burden of homeownership is something that an increasing number of retirees are opting out of. With larger numbers of renters and tenants in their ...
Best Practices for Investors with Out-of-State Rental Properties

Best Practices for Investors with Out-of-State Rental Properties

If you’re looking to diversify your rental property portfolio, investing in rental properties outside of your local area may be one of the best ways to expand your horizons and maximize your returns. There are many reasons to look out of state for rental properties, not the least of which ...
What to Look for in a Property Management Company

What to Look for in a Property Management Company

| Article | Operations, Sponsored
A property management company can take the stress out of owning a rental property. Managing a rental property is a full-time job. For property owners who desire a little more free time, hiring a residential property management company is an excellent way to take some of the burdens of rental ...
How to Build a Long-Distance Real Estate Investing Team

How to Build a Long-Distance Real Estate Investing Team

For investors in the long-distance rental real estate industry, building a team you can trust is one of the most important tools for success. Buying and managing single-family rental properties at a distance can be one of the most rewarding investment options available. But doing so profitably requires a team ...
Reasons Why Spring is the Time for Buying and Selling Rental Property

Reasons Why Spring is the Time for Buying and Selling Rental Property

The arrival of spring, with its warmer temperatures and beautiful blooms, coincides with an increase in rental market activity. Part of the reason for this increase is due to tenant preferences. But for rental property investors, there are other key reasons why spring is a prime time for buying and ...
Best Intangible Features You Need to Attract Tenants

Best Intangible Features You Need to Attract Tenants

As a property owner, you already know that getting and keeping your rental property in good condition is one of the best ways to achieve long-term profitability. But other than a clean and well-kept property, there are a few intangible features you can offer that might help you attract higher ...
What to Look for in a Property Management Company

What to Look for in a Property Management Company

Managing a rental property is a full time job, and for those property owners who desire a little more free time, hiring a residential property management company is an excellent way to take some of the burden of rental ownership off of your shoulders. There are a number of companies ...
Prepare for the Busy Rental Period to Shorten Vacancies

Prepare for the Busy Rental Period to Shorten Vacancies

During the winter months, many properties see their lowest rental rates, negatively affecting the overall cashflow for the owner. In some areas, rain and snow have also taken their toll on the property, leaving it less favorable going into the busiest rental season. Leasing the property in this condition could ...
Should You Do Multiple Tenant Leases?

Should You Do Multiple Tenant Leases?

For many property owners in the single-family rental home market, the ideal tenant is a one-lease long-term tenant. But in some locations it might make more sense to offer multiple tenant leases for a single-family property. Especially if your rental home is in a college town or in areas where ...
When You Should (and Shouldn’t) Pull Out Equity from Your Rental Property

When You Should (and Shouldn’t) Pull Out Equity from Your Rental Property

Investing in single-family rental properties brings many rewards, but perhaps none can grow an investor’s wealth better than equity. As residential real estate appreciates and any related mortgage principal is paid down, the equity on a property can become a significant asset on any balance sheet. When this happens, you ...
Evaluating Rental Rates and Knowing When to Raise the Rent

Evaluating Rental Rates and Knowing When to Raise the Rent

As a rental real estate investor, knowing how to evaluate the local rental market and set accurate rental rates is essential to long-term profitability. In fact, the rental rate should be one of the important calculations you make before you even buy an investment property. It’s also important to re-evaluate ...
Are Your Residents Holding Large, Noisy Celebrations? How to Manage Resident Parties

Are Your Residents Holding Large, Noisy Celebrations? How to Manage Resident Parties

Part of living a full and happy life is celebrating holidays with family and friends. But what happens if your residents like to throw large, noisy parties at your rental property? As a property owner, it’s important to know what can be done about resident parties and why you should ...
Are You Overpaying for Landlord Insurance? Time to Do a Cost Comparison

Are You Overpaying for Landlord Insurance? Time to Do a Cost Comparison

A quality landlord insurance policy is absolutely essential for any rental property owner. But if you haven’t recently compared your rate to those currently available, you may be paying too much for your insurance. The problem is, it can be hard to know whether you’re overpaying or not unless you ...
Should You Have a Real Estate Investing Partner?

Should You Have a Real Estate Investing Partner?

There are both pros and cons to bringing a partner into your residential real estate investing portfolio. Inviting a partner into your real estate investing activities can potentially add a lot of value and support, but sharing a business with a partner also means sharing control of the properties. To ...
Why You Need an Energy Audit for Your Rental Properties

Why You Need an Energy Audit for Your Rental Properties

Advancements in residential construction technologies have created a strong demand for energy-efficient homes. As more homeowners and rental property owners upgrade their homes to enhance energy efficiency, more renters are looking for properties with these kinds of features. As a rental property owner, there is a lot that you can ...
Essential Hard and Soft Skills to Real Estate Investing Success

Essential Hard and Soft Skills to Real Estate Investing Success

Successful real estate investors typically possess a range of essential skills that help them to navigate the complexities of buying and managing single-family rental homes. While developing “hard skills,” like in-depth knowledge of the real estate field, contracts, financing, and others are an important part of investing success, there are ...
Rental Property Tax Deductions: The Bottom Line

Rental Property Tax Deductions: The Bottom Line

One of the most appealing aspects of owning single-family rental homes is the long list of deductions available to you come tax time. Unlike an owner-occupied property, when you own and operate rental homes you can claim deductions for a wide range of expenses, from insurance to maintenance costs to ...
Saving for Down Payment for Your Next Rental Property? Where You Should Keep Funds

Saving for Down Payment for Your Next Rental Property? Where You Should Keep Funds

Saving up for your next investment property can be a challenge. And choosing where to keep your down payment funds is a key part of real estate success. Should you keep your savings in a bank or money market account, or invest your money and hope for higher returns? The ...
How to Build a Long-Distance Real Estate Investing Team

How to Build a Long-Distance Real Estate Investing Team

For investors in the long-distance rental real estate industry, building a team you can trust is one of the most important tools for success. Buying and managing single-family rental properties at a distance can be one of the most rewarding investment options available. But doing so profitably requires a team ...
How Not to Be a Nosy Landlord

How Not to Be a Nosy Landlord

As a landlord, it’s natural to want to keep an eye on your property and your tenant. But entering or inspecting your property too often could be viewed as an unwelcome intrusion into your tenant’s privacy. To avoid annoying your tenant, it’s important to know when and how you can ...
Best ROI Optimization Strategies for Single-Family Rental Property Owners

Best ROI Optimization Strategies for Single-Family Rental Property Owners

There’s no doubt that the real estate market has faced some unprecedented challenges in the last few years. For single-family rental property owners, those challenges have brought about many changes, as well. Volatile markets, economic concerns, and a societal shift in personal and professional priorities have all demanded resilience from ...
How to Invest in Single-Family Rentals While in the Military

How to Invest in Single-Family Rentals While in the Military

Active-duty military personnel might think that investing in real estate is simply not an option while serving their country. But the reality is that even active members of the military can successfully invest in single-family rental properties. With today’s technology and the right property management team on your side, it ...
Considering an Additional Investment Property? Here’s Some Key Data to Help You Decide.

Considering an Additional Investment Property? Here’s Some Key Data to Help You Decide.

As a rental property investor, the key to building real wealth with your investments is to buy multiple properties. But you may have questions, including whether now is the right time for you to buy or whether you really need another investment property. While every investor’s situation is different, one ...
Evaluating Rental Rates and Knowing When to Raise the Rent

Evaluating Rental Rates and Knowing When to Raise the Rent

As a rental real estate investor, knowing how to evaluate the local rental market and set accurate rental rates is essential to long-term profitability. In fact, the rental rate should be one of the important calculations you make before you even buy an investment property. It’s also important to re-evaluate ...
Four Common Tenant Complaints and How to Handle Them

Four Common Tenant Complaints and How to Handle Them

One of the inevitable parts of working in property management is handling tenant complaints. For many landlords, tenant complaints are a nuisance. But when looked at another way, a tenant who complains is also a person who can help you monitor the condition of the property and alert you of ...