Welcome! As a way to say “Hi,” enjoy this free video course on building passive income!
What's the #1 profit killer for landlords? You guessed it - tenant turnovers. Between repairs and property upgrades (new paint, new carpeting, etc.), vacancy costs, advertising costs, time spent showing the property, and of course fixing any...read more
Last week, WalletHub released an outstanding set of data ranking hundreds of U.S. cities based on 15 economic indicators. As a real estate investor and writer, that perked my ears right up. What cities are seeing a surge in demand? Where are...read more
Professional tenants are vampires. They suck the lifeblood of both your property and the neighborhood, moving in with no intention to pay, and living rent-free for up to two years. If you think I’m being melodramatic, imagine paying the mortgage on your...read more
Going to work every day and getting a paycheck every two weeks? That’s active income. Freelance work and side gigs? Those are active income, too. Being self-employed? Still active income. Active income is money that you have to work in order to...read more
As a real estate investor, you’ve probably wondered “What happens if housing markets collapse?” It’s one of the biggest fears and questions we hear from our passive income students. One answer is that it’s uncommon for real estate values to go down – it happens...read more
Pause for a moment and consider what makes a good employee. Obedience? Check. Willingness to work long hours creating wealth for someone else? Check. Accepting a job and income controlled by others? Check. Now think about what makes a good entrepreneur....read more
By any standard, college has become outrageously expensive. Last year, the average cost for a single year of schooling was $14,210 for in-state public universities, and a gargantuan $26,100 for private colleges. One year! Imagine multiplying that by four (or...read more
If you own or manage rentals long enough, you’ll eventually have to evict a renter. Evictions are expensive, time-consuming, and fraught with pitfalls. No really; they can take anywhere from two to twelve (12!) months. Many landlords make matters worse by...read more
I know, I know, you don’t like math. We’ll keep it manageable. Landlords lose money on their rental properties for many reasons, but the most common is that they failed to factor in all the costs of owning, managing and maintaining the property before they...read more
(Guest article by Michelle Cornish, CPA) Are you on track for retirement? Most North Americans aren’t. I spent sixteen years working in public accounting where I helped people with their taxes and retirement planning. Over and over, I found that people fear...read more
One of the most consistent complaints I hear from students in our course on creating passive rental income comes right after we go over how to calculate a rental’s cash flow accurately. “What?! How will I ever find a property that still cash flows well, after...read more
Guest Article by Ray Wei of Onerent Conventional wisdom should be questioned. Remember, at one time or another, conventional wisdom held that the sun revolved around the earth, or that the earth was flat, or that smoking was completely safe. Even when conventional...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!