QuickBooks is used by millions of people worldwide, including real estate investors. While the software is good for generating basic financial reports, it can be frustrating to figure out how…
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Investment Strategy:
How to write & send a lease non-renewal letter (free template)
Many lease agreements have an automatic month-to-month renewal clause that goes into effect unless a landlord or tenant provides notice that a lease is not being renewed. As a general…
How to calculate and charge your tenant pro rated rent
Pro rating rent when a tenant moves in helps a landlord to generate additional rental income, keep occupancy levels higher, and maximize the amount of money collected. While there are…
U.S. States building the least new housing relative to job growth
The release of updated Consumer Price Index data in November provided new evidence that the U.S. economy is in an inflationary period. The CPI rose by 6.2% from October 2020…
What investors should know before their Section 8 inspection
The Housing Choice Voucher Section 8 program from HUD offers landlords a way to receive reliable rental income while keeping vacancy levels low. Rent payments are received directly from the…
Do you have to pay any taxes after a cash out refinance?
Real estate investors are always looking for ways to put money to work. With the way home prices have been rising over the last few years, an investor may have…
Can landlords use Xero for their rental properties?
Staying on top of income, expenses, and cash flow is a key part of owning and operating a rental property. While some investors are satisfied with using a basic spreadsheet…
The key differences between shared expenses vs rental income
One of the potential benefits of owning your own home is the opportunity to generate a little extra income. Some homeowners rent out a spare bedroom or a garage that’s…
How to successfully deal with nightmare tenants
In the perfect world, a tenant always pays the rent on time, takes great care of the property, and can’t wait to renew the lease. Sometimes, however, a landlord can…