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,…
Did you know that when you own a rental property, you are basically in charge of your own small business? And as you know, as a “business owner” of sorts, you are entitled to tax deductions. Primarily, there are ten big ones that you can use to lower your annual rental income for the purpose…
In our previous article, we discussed some of the reasons why vacancies are longer and harder to fill during the winter season. This is especially true during the month of December. Try as you may, we may not be able to locate a tenant during the next month or so. There are, however, winter improvements…
If you have been a real estate investor for any length of time, you have no doubt heard about placing your real estate investments in a LLC (Limited Liability Corporation). Some swear that it is not necessary. Others claim that you’re a fool if don’t. Should you put your rentals in a LLC? What are…
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