While some landlords worry about a tenant leaving before the lease ends, sometimes the opposite happens and a tenant stays after the lease expires. Although having rental income coming in…
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Investment Strategy:
How to calculate property value based on rental income
There’s a saying in real estate that money is made when a property is purchased, not when it is sold. Before investing in real estate, knowing the value of a…
16 rental property maintenance expenses landlords can expect
Rental property maintenance expenses are typically tax deductible, but they also can make the difference between having positive and negative cash flow. Rental homes that are well maintained can generate…
How much notice should you give a tenant for a rent increase?
Single-family rent price growth in the U.S. recently hit another record, increasing by 12.6% year over year. According to a press release from CoreLogic (March 15, 2022), all major metro…
The landlord’s 2022 guide to late fees for rent
One of the biggest concerns of being a landlord is whether a tenant will pay the rent on time. Late fees are often used by landlords to motivate tenants to…
How property owners can easily keep track of rent payments
Collecting and keeping track of rent payments is an important part of being a landlord, and having a good system in place can make the job easier and less prone…
Should rental property be in an LLC or a trust?
Although real estate investors may directly own property as sole proprietors, rental property is often held in a limited liability company (LLC) or trust. Both entities are vehicles that may…
A free rent ledger template (plus a better alternative)
Keeping track of rental income, tenant information, and lease expiration dates can be challenging, even if an investor owns just one rental property. A rent ledger template helps landlords stay…
10 things to do when a tenant consistently pays rent late
Having a tenant consistently pay the rent late can be one of the most frustrating challenges a landlord faces. A tenant who always pays late can wreak havoc on budgeted…