Paying off a rental property is a much more complicated question than it might seem. On the one hand, cash flow will increase and worries may decrease. But on the…
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Investment Strategy:
Simple Security Deposit Accounting for Property Owners
Landlords require security deposits from tenants to help ensure the rent will be paid on time and the other terms and conditions of the lease will be met. But tenants…
6 key steps to effectively managing your rental properties
After closing the deal on a rental property, one of the biggest decisions an investor has to make is how to manage the property. While some owners choose to completely…
The 7 primary tax benefits of owning rental property
Generating income and increasing owner equity over the long term aren’t the only ways investors hope to profit by owning a rental. Investing in rental property also provides numerous tax…
Property tax by state: Ranking the lowest to highest
Property taxes can be one of the largest expenses of owning and operating a rental property, depending on the state the home is located in. Taxes on property are an…
A free rental property profit and loss statement template
One of the main reasons people invest in real estate is for the potential income the property can provide. A profit and loss statement for rental property helps investors to…
Rental yield: What it is and why it matters to investors
Rental yield compares the cash generated by a property as a percentage of the property price or market value. Of the many financial metrics that real estate investors use to…
Letter Announcing New Property Manager [Free Template]
You’ve hired a new property manager and now you need to prepare your tenants. A letter sent to tenants announcing a new property manager is a key part of helping…
New landlord letter: What to include + free template
Purchasing a single-family rental home with a tenant already in place can be a good way to start generating rental income the day that escrow closes. However, when a tenant…