If you want to get the best return on your investment, there are a couple of elements that must come together to make it work. First, you need a rental property that is in a good location that has a high demand. This will keep your vacancy rate low and your rent up high. Second,…
Every landlord on the planet knows the benefits of requiring a tenant to pay a security deposit when they sign a lease agreement. Though that is common knowledge, there are a few facts about security deposits that many landlords know little about. For example, are you collecting? Have you placed your deposits in a trust…
Renting to college students can be very profitable for landlords. There is a high demand for off-campus housing which drives up rents. What is more, you can often get more rental income than renting to typical non-student tenants. However, there is a catch. You need to have a lease designed for college students. Last week…
Cash flow is king or so the saying goes. When it comes to owning rental properties, a positive cash flow is absolutely essential. When an investor purchases an income producing property, there can be several motivations such as future appreciation, portfolio growth, income stream creation, retirement income, income tax shields or any other reason. Nevertheless,…
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