Before we get into the nitty gritty details of what it costs to own a rental property in today’s market, let’s first define “property management”. Simply put, property management is the process of managing all aspects of owning a real estate asset. This includes everything from collecting rents on time and keeping track of repairs,…
Successful landlords are always looking for ways to increase their profit margin. Are you maximizing the income potential from your property? Are you charging late fees? We are going to look at this from two important angles: the amount of late fees and the frequency of late fees. Are You Charging Enough Late Fees? State…
One of the most tedious things about moving is setting up your utilities. For renters or homeowners, its time spent filling out forms, on the phone, and constant back and forth between multiple service providers. But what if there was a faster, easier way to have everything set up in one simple step? Introducing Utility…
Owning a rental property can be an excellent long-term investment that provides long-term equity creation and current cash flow. While there are plenty of benefits that come with investing in real estate, becoming a landlord does come with new responsibilities and challenges. For those first-time landlords, there are various dos and dont’s to follow that…
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