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…
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Tips, tools, and news for rental investors.
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…
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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…
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How to identify and handle a fake landlord reference
Most of us would like to believe that people follow the Golden Rule. However, the truth is that some prospective tenants do create fake landlord references when they fill out…
How to Find Great Tenants: 10 Proven Strategies to Try
Finding reliable tenants who pay on time and treat your property with respect can feel like searching for a needle in a haystack. Many landlords waste weeks cycling through no-shows,…
How to create an accurate rental income worksheet
Collecting the monthly rent from a tenant is one of the most exciting things about owning real estate. Money received each month is used to pay normal operating expenses, cover…
Forbearances decrease and foreclosures rise in Q3 2021
Diana Olick of CNBC opens up this week’s newsletter discussing forbearances, specifically that there are still 1.6 million borrowers in forbearance (3.1% of all mortgages). That said, 98% of those…
What are your responsibilities to tenants as a landlord?
A landlord expects a tenant to pay the rent on time, take care of the home, and honor the terms and conditions of the lease agreement. But landlords have responsibilities…
How to accurately track your property performance
There’s a saying in real estate that every extra penny of profit drops straight to the bottom line. But how does a real estate investor know what the bottom line…