Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
Did you know that there are over 48.5 million rental units in the US? While there aren’t many accurate statistics on how many landlords there are, suffice it to say that that million rental units means that there are quite a few landlords across the US. If you...
Hurricanes tear into Florida every year bringing a lot of trouble for your rental properties. But if you prepare for the hurricane ahead of time, you will be back to business afterward without so much problem. What can you do prepare your properties for a hurricane?...
Even though it was once a hobby only associated with old women, gardening is seeing a massive spike in popularity right now. What may surprise you is that the largest increase in gardening is happening among young people, primarily millennials. The issue is that while...
It is extremely crucial to ensure that you screen your tenants and pay attention to red flags early on. When you are able to identify problematic tenants in the early stages, it can reduce the likelihood of evictions and other extreme issues later on. Here are a few...
Managing rental properties can be incredibly rewarding, but it certainly comes with its fair share of stress. Following the appropriate steps can help to ensure success in your rental properties. For more assistance in optimizing your profit from your rental property,...
