The value of something is all a matter of perspective. So you have to remember whose lens you are looking through. Should the useful life of a fully renovated house (little future cap ex) have a bigger influence on the property’s appraisal than recent sales in the area? According to Mark Ainley, in regard to […]
The American economy has been growing for the past ten years, yet more and more people are struggling to pay rent. According to the new report published by Apartment List, almost half of American renter households can be classified as cost-burdened as cost-burdened, spending more than the recommended 30% of their incomes on rent. […]
Landlords are often asked how they can put another human being out on the street, and still feel good about themselves, and their ethics. The following reasons should help those who aren’t in the rental business understand it isn’t about ethics, it’s about running a business. We always try to start evictions immediately, if the […]
Like anything in life, it’s the little things that can make a big difference. This also applies to rental properties. First impressions matter to tenants. This means that every part of your property needs to be in tiptop shape, not just to get the perfect tenant, but to see each property turn faster than average. […]
Compared to flipping properties, land lording is a long-term commitment with demanding requirements of your time. Before you take the steps toward the job of landlord, examine your capabilities and desires, and make sure that you’re up to it. If you are, it can be a wonderful and profitable experience. Are You Cut Out to […]
In property management, horror stories are not what you want to be a part of, and yet, any property manager can tell you a few. We asked around, and found that with time, working as a property manager is not without the occasional nightmare. Whose home is this, anyway? Two stories from the state of […]