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:
11 Ways to Lower Your Real Estate Investing Risks as a Landlord
One of the great advantages to real estate versus stocks is the predictability of real estate investing returns. When you buy a rental property, you can accurately predict your average annual yield and cash flow. And while I love stocks too, they’re as volatile as a...
Should Landlords Rent to Illegal Immigrants? Unbiased Pros & Cons
*Note on Terminology: Conservatives and liberals can’t even agree on terminology, with conservatives using the pejorative “illegal aliens” and liberals using the cuddly “undocumented immigrants.” We’ll split the difference here and use the term “illegal immigrants,”...
Tenant-Proof: 13 Rental Property Improvements to Fortify Against Damage
People are clumsy, dirty, accident-prone Tasmanian devils. That goes double for children, and says nothing of pets. Homeowners are no better, but they have so much money invested in their property that they take more care not to damage it. But renters? Fuhget about...
Should You Become a Section 8 Landlord? The Good, The Bad, & The Truth
Heard tales of guaranteed rent payments, courtesy of Section 8? 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 make good money, with a lower risk of rent defaults – at...
The Eviction Process, Step by Step: What You Need to Know BEFORE Eviction (Infographic)
If you own or manage rentals long enough, you’ll eventually have to go through the eviction process. Evictions are expensive, time-consuming, and fraught with pitfalls. No really; they can take anywhere from two to twelve (12!) months. Many landlords make...
What’s the Best Property Management Software for Your Business?
Why work when you can automate? The whole point of investing in rental properties is passive income. If you're spending your nights and weekends manually collecting rental applications, writing lease agreements or collecting rent payments, you're doing it wrong. The...
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