Calculating Cash Flow: What You Need to Know BEFORE Investing in a Rental
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...
11 Tactics for Better Tenant Retention, Fewer Turnovers & Max ROI
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...
Cap Rates: A Non-Nerd’s Quick Guide to Capitalization Rates
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...
New Laws Criminalizing Landlords: Is Orange the New Landlord Uniform?
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...
Legal Lowdown: What Makes a Lease Agreement State-Specific?
“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...Learn More About:
Passive Income & Personal FinanceSpark Rental Around the Web
The Charming & Witty Founders of Spark Rental
Denise Supplee is a landlord and former property manager, with over a decade's experience in legal forms for landlords and property managers. She's also a champion mom and licensed realtor.
Brian Davis is a landlord and real estate investor with 15 rental properties. Husband, rental industry expert and compulsive traveler, Brian visited ten countries last year.
Our goal in building Spark Rental? To help other landlords & property managers automate their rentals like we've done, so they can spend more time with the people and passions they love.