Becoming a landlord is an avenue that many people choose for financial freedom. Owning real estate properties that you rent out to tenants creates a passive income stream as you build equity and assets. Being a landlord is also a big responsibility. Your property hosts people and their families. Your tenants have their own lives and dreams they're working for, and your property is their home. Landlords...
According to the Harvard Joint Center for Housing Studies, the number of rental households has surged by 800,000 since 2020. This has created unprecedented demand for affordable rental accommodation. So, if you own an investment property and are considering renting it, now's the time to do it. Long term rental units are climbing along with demand, and you'll have your pick of tenants, too. Step...
With Florida rental prices rising, could you make money from your house by renting it? It's the perfect time to consider whether you could make money from your most valuable asset. But before you rent your house, you'll need to know the essential steps to ensure the rental process goes as smoothly as possible. Here is our complete guide to renting your property in 2022. Check Safety...
Being a landlord is a very rewarding career. But, without the help of professional property management companies, it's not easy. It takes a lot of responsibility and organization to maintain a rental property. To start with, you need to know the local ordinances about building codes and landlord duties. Then, you need to make sure the property has running water, trash receptacles, and other necessary...
Are you a landlord who relies on rental income to maintain adequate finances? If so, you're not alone. Many property owners consider their rental properties a critical part of their annual income. Of course, every responsible adult should have a rainy-day fund to cover them in emergencies, but it's not always that easy. So, what do you do when a tenant decides not to pay up? Eviction is a tedious...
According to the U.S. Census Bureau, major states across the nation have experienced steady population growth in the past 10 years. The population in the sunshine state grew by 14.6%. Now, Florida sits as the third most populous state, with more than 2.7 million residents. It takes a lot of real estate property to contain that many people. And with the growing U.S. real estate market, property...
Did you know about 44 million people in the United States rent? With housing prices skyrocketing, who can blame them? People involved with property management can take advantage of this by offering both short-term and long-term rentals. But how do rental property management companies handle long-term rentals? What is a long-term rental? This is your guide for understanding this type of rental...
The average US renter stays in their property for just over two years. During your stay, decorating your rental can help you make it feel like home, but you need to be aware of a couple of do’s and don'ts when it comes to making changes. Your property management rental company can let you know what is expressly allowed in your rental, but it is best to be aware of some general steps you can and...
As you buy more real estate, you get more headaches. You need to stay on top of your properties, find tenants, and treat it like a business.The top property managers can take all of those responsibilities off your shoulders. They can reduce your stress and give you time to make more investments. However, not every property manager will lower your stress. Some property managers don't get the job done. You...
Are you feeling overwhelmed by all the details you need to pay attention to as a landlord? Buying a rental property to lease out is a complex process, and it does not end once you have purchased the home or apartment. Once you own the property, you need to find renters, handle their applications, and monitor the renters throughout their lease. The rental property application is one of the most essential...