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I cringe every time I hear a new rental investor say “Well the mortgage payment is only $1,000, and the rent is $1,300, so that’s a $300/month cash flow!” Sound the air raid siren, because that investor's dreams are going to end in flames. Cash flow...read more
I met Ashley Thompson in a Facebook group of Mustachians. No, she doesn’t have a mustache. She, like tens of thousands of people around the world, has embraced the financial discipline and minimalism preached by Mr. Money Mustache. (His blog remains one of the...read more
Turnovers are ROI killers. There’s the lost income, during the vacancy. You also have to pay the mortgage, and pay to keep the utilities on. Most residential units need to be repainted. Tack on another several thousand dollars. Do you need new carpets? Often...read more
Not a big ol’ nerd for personal finance and real estate like I am? No sweat. We’ll keep the math simple. After all, math is a lot more fun when you’re calculating your future riches, right? Break out a cocktail napkin (and a cocktail to match), because it...read more
Did you know that over a third (34%) of Americans have no savings? Not a penny in their savings account. The news doesn’t get brighter from there. Another 35% admit to having less than $1,000 in savings; that’s not enough to even cover a month’s rent or mortgage...read more
It turns out Americans really do vote with their feet – especially when it comes to taxes. United Van Lines releases a report every year on the prior year’s migration patterns within the U.S. They just put out the 2016 report, and the data is fascinating. By...read more
As a Realtor, I’m increasingly asked about the new trend of “apartment locator” companies. What’s all the hoopla about? An apartment finder or locator does exactly that: they scout available rental housing and provide a list of properties that meet their...read more
Two-thirds of American homeowners take out a mortgage when they buy their home, and even more real estate investors leverage other people’s money to expand their portfolio. Are they wrong to do so? Not necessarily, although some people borrow more than they...read more
When did we as a society start criminalizing landlords? Like so many other creeping, insidious changes in our society, it didn’t happen overnight. An early example took place in Kentucky, when a 69-year-old landlord was charged criminally because he leased to...read more
“I’ll just use this free template I stumbled across online as my lease agreement.” – Attributed to the Common Newbie Landlord, scientific name Stultus novitius. If the idea above has ever occurred to you, you’re probably lucky enough to have never been to rent...read more
Want to boost your property’s value before selling or leasing it, but strapped for cash? No biggie. You’d be amazed how much you can do yourself, even if you’re not exactly Tim the Toolman Taylor. Sure, you may not be knocking down walls or installing new HVAC...read more
Once upon a time, there was a young girl with big aspirations! That little girl is much older now and has had the time of her life learning, growing, failing and learning some more. Real estate, construction, leasing, investing, selling; it’s been her life...read more
Who Is Spark Rental?
Spark Rental was launched by two friends and former colleagues, Denise Supplee and Brian Davis, who wanted to help automate the rental process from soup to nuts.
Denise is a landlord, real estate agent and former property manager, who knows just how much work it can be to manage rental properties. She also happens to be a rental industry legal forms expert, having worked for a decade at what was the top legal forms service for landlords. Her first priority though? There is nothing more important to Denise than her family, who she makes time for no matter how crazy the business world gets.
Brian is a landlord and real estate investor, with 15 rental properties. A rental industry expert, he’s been interviewed by dozens of media outlets ranging from U.S. News & World Report to Realtor.com to Time Money and countless others. His motivation for starting this business was automating his rental properties so he could travel the world, and he has: Brian’s visited ten countries in the last year. His current base camp is Abu Dhabi, but he hails from Baltimore originally and nostalgizes frequently about his Fells Point townhouse and kooky family and friends.
Spark Rental originally launched as a free educational resource, but will soon be providing full-service rental automation. We have some incredible innovations our genius tech team is building out, that we are 100% positive will disrupt and revolutionize the rental industry. Stay in touch, join our mailing list, connect with us on social media, and we promise to keep you informed and entertained!