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…
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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…
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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…
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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…
Top 9 Single-Family Rental Accounting Software [2024 Guide]
At a basic level, real estate accounting software tracks income and expenses. But the best single-family rental accounting software does much more, helping landlords and property managers to maximize potential…
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…
How much down payment is needed for an investment property?
Demand from tenants for good rental property has been growing by leaps and bounds over the last few years, sending rents and home values soaring. As more people become interested…
Why investors refinance a rental property & how they do it
The loan on a rental property may have a significant impact potential long-term return. Higher interest rates can take a big bit out of cash flow, leaving less money left…