The three main reasons for investing in real estate are the potential for monthly income, appreciation in property value over the long term, and tax benefits from real estate deductions. …
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Investment Strategy:
A Guide for Month-to-Month Lease Agreements (Free Template)
Although 12-month lease agreements are frequently used in most markets, some landlords offer a month-to-month lease agreement to help keep their options open and offer more flexibility to the tenant.…
The investor’s guide to rental property depreciation recapture
The potential for passive rental income, profit from property appreciation over the long term, and tax benefits are three of the reasons for investing in rental property. Depreciation is often…
10 best tenant screening services of 2024 (free and paid)
Finding the right tenant can make all the difference between a profitable year and a financial disaster. You want your tenant screening process to be as efficient and expedient as…
How Taxes on Property Owned in Another State Work for 2024
While there may be plenty of potential benefits to owning an out-of-state rental property, paying taxes in another state can be complicated. In this article, we’ll take a look at…
How to More Accurately Estimate Rental Property Expenses
While some investors do a pretty good job of calculating the potential rental income from a property, others underestimate the cost of owning a rental property. When costs are consistently…
How to Create a Rental Property Accounting Template
As the motivational speaker Tony Robbins once said, “In essence, if we want to direct our lives, we must take control of our consistent actions. It’s not what we do…
U.S. Cities Where It’s Cheaper to Buy Than Rent
When the COVID-19 pandemic hit America and sent people fleeing from small apartments in the biggest cities, it immediately propelled rent and home prices in opposite directions. However, despite quickly…
The Landlord’s Guide to Basic Real Estate Bookkeeping
Real estate bookkeeping usually isn’t the first thing investors think of when investing in property, but it’s an important part of owning and managing rental property. With good bookkeeping, an…