One best practice for a landlord to follow is collecting the first month’s rent from tenants. While it may sound easy, it can be pretty tricky, especially if you’re unfamiliar…
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Tips, tools, and news for rental investors.
How to determine a reasonable rent increase in 2022
As a landlord or property manager, you know that rent increases are a necessary part of doing business. So how do you determine a reasonable rent increase? What factors should…
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How to write a security deposit return letter in 2022
When you rent your property, you’ll likely collect a security deposit from your tenants. This is money that they give you to ensure that they take good care of the…
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15 popular single-family property management software options
No matter how big or small your rental property business is, you need the right tools to make things run as smoothly as possible. In this post, we’ll explore 15…
How to write a rent reminder text message (sample included)
Sometimes it can be challenging to get rent payments on time from tenants, so you might wonder what you can do to reduce late rent payments. Sending a rent reminder…
A free rental property depreciation spreadsheet template
Depreciation is one of the most important features for real estate businesses apart from their regular expenses. It allows you to reduce your taxable income, paying less in taxes and…
Can you deduct remodeling expenses for your rental property?
When considering remodeling your rental property, you may be wondering if the expenses are deductible. The short answer is yes, but there are a few things to keep in mind.…
11 software options for landlords with small portfolios
As a landlord with a small property portfolio, you have a lot on your plate, juggling many responsibilities. And, when it comes to managing your rental property, you need every…
How to correctly account for first and last month’s rent
If you’re a landlord or property manager unsure how to account for the first and last month’s rent, you’re not alone! This can be confusing, but it’s important to get…