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:
The Real Estate Cycle: How to Invest Through Housing Market Corrections
All markets are cyclical. As an investor, you need to understand the real estate cycle — or become a victim of the next real estate crash. But that doesn’t mean you should try to time the market. Instead, just understand where we are in the housing market cycle at any...
How to Drive Up Market Rents for Your Properties
When you run the numbers for a prospective rental property and compare it to similar properties in the area you'll find opportunities. You may be able to improve your profit margin, either through charging higher rents or reducing ongoing costs for maintenance and...
How Much Do Different Types of Flooring Cost?
It seems like landlords need new flooring between every single tenancy. So what flooring options are available, how much do they cost, and how does new flooring affects your property value? Whether repairing flooring that has seen better days or sprucing up your...
Should You Rent to Section 8 Tenants? Pros & Cons of Section 8 for Landlords (Infographic)
Heard tales of guaranteed rent payments for landlords who rent to Section 8 tenants? Deposited by the government, and paying higher-than-market rents? If these stories perked up your ears, you’re not alone. Section 8 landlords can collect rents reliably, with fewer...
More Cities Upping Legal Liability for Landlords: 5 Tips to Protect Yourself
Years ago, I had a tenant who violated a zoning ordinance. Local laws prohibited placing barbecue grills on the rental property patios or porches. Mind you, this was not about use; it was about storage on the outside of the residential property. Well, guess who...
Rental Property Deduction Checklist: 21 Tax Deductions for Landlords in 2022
Real estate comes with some of the best tax advantages in the world. Landlord tax deductions include just about every conceivable expense associated with rental properties – plus some just-on-paper expenses. But tax laws change fast, so investors need to stay on top...
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