Rental management can be challenging – if you’re not using […]
The court’s job ends with the judgment. Collecting on that judgment is on you. Your ex-tenant might pay you immediately, and if so, great. Now it is time to celebrate. But what do you do if they don’t?
When your property can't seem to keep reliable tenants, you might start to consider ways of sweetening the deal, such as offering an incentive for new tenants. Between discounts, flexible leases, and property upgrades, there are several ways to appeal to renters and fill a costly vacancy. The benefit of filling the space may very well be worth the added expense once you run a cost-benefit analysis and figure out which incentives work best for your property.
If there were extensive damages to the property or if the tenant left without paying last month’s rent and there were damages, you’re out some money, and that isn’t right. You have options, though.
Is your investment property mortgage underwater? Take a look at your options to determine if it is best to hold out for a real estate turn around or get the rental property out of your portfolio.
Although many mortgage companies offer a payment grace period beyond the listed due date, the same is usually not true for rental payments.
I recently spoke with Lucas Hall to get his opinion on what it takes to get into the furnished rental business and to get his best advice for landlords who are thinking about breaking into this niche segment of “landlording.”
Is it a good choice to pay rent with a credit card? Learn the pros and cons of which payment method makes the most sense for your finances.
Since only agents can list properties through the MLS, real estate agents are missing all the properties landlords like me advertise. And if your real estate agent is missing out on properties listed by non-agents, you are too.
Does it make sense to raise the rent on a great tenant? Before making a decision on rental increases, ask yourself these three questions.