Blog

Do you find yourself daydreaming about ditching the 9-to-5 and stepping into the world of a full-time landlord? As a part-time landlord, you may have enjoyed the flexibility of managing a property or two while balancing other commitments. Moving to full-time landlord status means scaling up your efforts, from property management tasks to tenant interactions. This transition involves more than just increasing your number of rental properties – it's a shift in your role, responsibilities, and time commitment. Here are some great tips to become a…

In today's digitally-driven rental market, landlords are increasingly turning to video tours as an essential tool for showcasing their properties. These virtual tours offer a dynamic and immersive way to present rental spaces to potential tenants, surpassing the limitations of traditional photographs. With the changing landscape of real estate marketing, understanding how to effectively create and utilize video tours is becoming crucial for landlords to stay competitive and attract the right tenants. Use this guide as a source of practical ins…

Real estate investment has a vast array of terms and concepts that are crucial for investors and landlords to understand. Here are the key terms that are significant to real estate investing and that every investor should understand. 1% Rule: This rule suggests that for an investment to be profitable, the monthly rent should be at least 1% of the property's purchase price. This guideline helps investors quickly gauge a property's potential return on investment. 1031 Exchange: Named after a section of the U.S. Internal Revenue Code, this provisi…

As a landlord, it is your legal and moral duty to ensure that your rental property is safe and habitable for your tenants. This responsibility not only protects your renters, but also safeguards your investment from legal and financial liabilities. The following guidelines provide a comprehensive checklist to help you evaluate if your rental property meets the necessary safety standards. Heating Systems Proper maintenance of heating systems, including boilers and furnaces, is crucial to prevent fire hazards and ensure tenant comfort, especially…

Real estate investment can be a lucrative venture, but it also comes with its fair share of challenges and responsibilities. This is where property management companies step in, providing vital services that can help landlords and rental property investors maximize their returns and minimize their headaches. Understanding the role and benefits of these companies is crucial for anyone in the real estate investment business. What Is Investment Property Management? Investment property management involves the oversight and administration of real e…