How Should Landlords Deal with Unpleasant Neighbors?

Your rental unit is pristine, the price is fair, and you offer the latest amenities. There’s only one problem: the neighbors. Potential tenants often consider the community’s general “feel” in addition to the rental unit’s specifications. A neighbor who throws disruptive parties, owns a ferocious dog, or neglects his lawn can drag down a whole … Read More

Avoiding Common Lease Agreement Mistakes

A lease agreement is critical to any landlord’s rental property investment. It entitles a tenant to pay a fee for inhabiting a unit while defining each party’s rights and obligations. Beyond being a mere formality, a lease agreement is a binding contract that protects both landlord and tenant when questions arise, or something goes wrong.  … Read More

Pros and Cons of Owning Rental Property with a Pool

For many people, taking a dip in a pool is the ideal way to enjoy hot, sunny weather. Whether for relaxation, exercise, or fun, spending time in the water is a luxury many homeowners and renters seek. Consequently, a property with a pool can be a profitable investment, but there are downsides, as well. The … Read More

Book Review: 50 Real Estate Investing Calculations

Every landlord quickly learns that real estate investment involves many financial considerations. Whether you’re considering a new investment, comparing properties, preparing taxes, or determining rent increases, knowing financial terms and equations is critical. Fortunately, this book can help!   In 50 Real Estate Investing Calculations: Cash Flow, IRR, Value, Profit, Equity, Income, ROI, Depreciation, More, author … Read More

How to Prevent (and Treat) Bedbugs

Bedbugs. The very word produces a shudder in any homeowner, landlord, or tenant. Although they don’t carry diseases, bedbugs are an incredible nuisance. They’re hard to spot and even harder to get rid of. Since they’re small and hardy, people can unwittingly transfer bedbugs via bedding, luggage, or clothing. And once they’ve entered a property, … Read More

4 Tips for Buying a Property with Existing Tenants

An investor finds an ideal location in their search for a rental property, but there’s one complication: tenants already live there. Their lease will continue beyond the purchase unless the rental agreement specifies otherwise or the sale is part of a foreclosure. So, if the sale goes through, the current tenants will likely pass to … Read More

Why are People Converting Vacation Rentals to Long-Term Rentals?

Owning a vacation rental property can be a profitable venture, especially in popular tourist destinations. However, as some markets have become saturated with short-term rentals, and the needs of travelers are changing, many property owners are finding that converting their vacation rental into a long-term rental can yield several advantages. Steady, Predictable Income One of … Read More