If you’re a real estate investor with children, you may face two significant challenges. The first challenge is holding onto your rental property for as long as possible. You understand that the longer you own real estate, stocks, and other risk assets, the more likely you are to build wealth. However, as you grow older [...]read moreRental Property Maintenance With Your Kids Solves Two Problems
I’m a fan of both stock dividends and rental property income, my two favorite sources of passive / semi-passive income. When younger and less wealthy, rental property income may be preferable. As you age and accumulate wealth, you’ll likely appreciate stock dividend income more for its simplicity. However, stock dividend income’s main drawback is that [...]read moreWhy Rental Property Income Is Superior To Stock Dividends
If you own a rental property and are thinking of selling, don’t do it unless you absolutely have to. To build great wealth, aim to own your rental property for as long as possible. As fate would have it, my great tenants of two years and two months gave me their 30-day notice while I [...]read moreDon’t Sell Your Rental Property If You Don’t Have To
If you have a rental property that is generating positive cash flow and is expected to appreciate in value over time, then you must hold onto it for as long as possible. The problem, however, is you might have tenant issues that make you want to sell. Being a landlord is not for everyone. After [...]read moreView Your Tenants As Guardians Of Your Rental Property
In This Article Key Takeaways Showcase your property with professional photos and detailed listings. Use online advertising and target your ideal demographic. Attract tenants with incentives, property showings, and networking. There’s no right or wrong way to market your rental property, but there are some tips you can follow to increase the likelihood of [...]read moreHow to Market Your Rental Property (8 Tips for Landlords)
In This Article Key Takeaways Prepare the property: Clean, repair, and declutter to make it appealing to tenants. Highlight key features and start screening tenants during showings. Choose between individual showings (personalized but time-consuming) and open houses (efficient but less personal). When you know how to show a rental property, you’d better position yourself [...]read moreHow to Show a Rental Property (6 Simple Steps)
Property management software provider HappyCo has unveiled a collection of APIs available to customers to further customize their installation. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Property management software provider [...]read moreHappyCo Expands Property Management Offerings With API Library
In This Article Key Takeaways Write an eye-catching title that includes key details and a unique feature. Craft a compelling description highlighting the property’s best aspects, essential information, and location benefits. Include 10-15 high-quality, well-lit photos showcasing key rooms and special features. It’s not good enough to write a rental property listing. You must [...]read moreHow to Write a Rental Property Listing (The Perfect Formula)
If you get your property management wrong, you could lose tens of thousands of dollars. A sketchy property manager could take all your rent and run, leaving you with the bills and no hope of recovering your long-lost rent checks. That’s precisely what happened to today’s guest, a seasoned real estate investor who’s even looked [...]read moreMy Property Manager Robbed and Ghosted Me ($40K Stolen!)
If you get your property management wrong, you could lose tens of thousands of dollars. A sketchy property manager could take all your rent and run, leaving you with the bills and no hope of recovering your long-lost rent checks. That’s precisely what happened to today’s guest, a seasoned real estate investor who’s even looked [...]read moreMy Property Manager Robbed and Ghosted Me ($40K Stolen!)