Renter Management, Property Management
What you need to know to better manage your tenants and your properties for maximum ROI
How do I improve my returns? With better renter management.
Managing renters is a lot harder than it looks.
That goes doubly for lower-end neighborhoods, too. Renters and landlords often clash, because renters want the most money invested in their property, and the lowest possible rent. Landlords, of course, want the opposite.
How can landlords raise the rent without losing tenants? What about property upgrades with the highest ROI? Are there cheap ways to boost property values and rents?
We’ve got you covered.
We know that property management is part art, part science, and part samurai skill set. Here are some articles to get you started, provide some tips and ideas, and generally make your life as a property manager easier.
“Required Reading” – Start Here First!
Tenants can be extremely difficult to manage. And properties? It often feels like something breaks every time someone sneezes. Learning how to manage renters and properties is a skill set in its own right, so we’ll help you get their faster. After all, better property management means better ROI!
Full Library of Passive Income & Personal Finance Articles:
How to Handle a Bad Contractor
The Big Picture On How to Handle a Bad Contractor: Keep detailed records of all agreements, payments, communications, and any issues with the contractor's work. Photos of the work and a written record of all interactions can provide valuable evidence if you need to...
Fractional Ownership in Real Estate: How It Works
The Big Picture On Fractional Ownership In Real Estate: Fractional real estate ownership allows investors to buy small shares of properties, enabling participation in rental income and capital gains without the hassle of managing properties directly. Investment...
Turnkey Real Estate: Pros & Cons for Long-Distance Investing
The Big Picture On Turnkey Real Estate Investing: Turnkey real estate offers hands-off investing. Renovated properties are ready to rent and often pre-managed by third-party companies. Investors benefit from immediate cash flow, minimal renovation hassle, and easy...
What Happens If My Tenant Goes to Jail?
The Big Picture on What Happens If Your Tenant Goes To Jail: Include clauses in the lease agreement that allow eviction for criminal activity or felony convictions. While prevention is ideal, even the most careful landlords may face this situation. Confirm the...
Passive vs. Active Investing in Real Estate: Pros & Cons of Rentals vs. Syndications
The Big Picture on Passive vs Active Real Estate Investing: Active real estate investing offers higher potential returns, but it comes with significant responsibilities such as property management, tenant issues, and market research. Investors need to be hands-on and...
Least Landlord-Friendly States: Top 10 in the US
The Big Picture on The Least Landlord-Friendly Cities and States: Many cities and states have implemented strict eviction processes, making it harder and more time-consuming for landlords to remove non-paying or problematic tenants. Eviction bans, long court delays,...