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 One Work-at-Home Single Mom Bought Her First Duplex
Being a parent is endless work. And if entrepreneurship also requires endless work, then what is infinity multiplied by infinity? Then double the responsibilities again, for a single mom. And, stay with me here, imagine that our heroine also invests in real...
Investor Feedback: Rental Financing, LLC Ownership & Prospective Deals
An aspiring rental investor named Derick reached out to us for advice, as he starts down the road of buying income properties. His questions touched so many issues faced by new investors that we decided to answer him publicly, in the form of a blog post! Derick...
9 Simple Ways to Raise a Property’s Value
Want a few quick ways to boost your rental property’s value? Or, for that matter, your home’s value? Pricing in real estate has little to do with what you paid for the property, or how much you spent improving it. Real estate values and rents are based on one...
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...
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