Summer is coming soon, and the heat is rising in the Southwest. Preparing now will save you much landlord stress later. Of course, high on the list is ensuring your AC is ready to beat the heat waves. Have your ductwork professionally cleaned. It not only improves airflow, which cuts down on utility costs, but … Read More

When someone owns a business, they typically say their customers are their boss, and 5-star customer service is the key to company growth. The same principle applies when you are a landlord. The best way to engage and then retain great tenants, thereby keeping your investment producing cash flow, is to deliver top-notch customer service to your tenants. In … Read More

Building a portfolio of rental properties is a step toward financial security. However, it is not as simple as just buying one property, and then another, and another . . .  A well-developed portfolio begins with a specific financial goal and an organized plan to achieve it. For example, Zach has three children. The oldest one … Read More

The issue at hand– You have a chunk of money (perhaps you received an inheritance, an annuity matured, you sold an asset, etc.), or you have a monthly increase (a raise, a debt paid, a rental property mortgage paid off). The question– Should I pay down/off my home mortgage, pay off a current rental property mortgage, or invest in … Read More

1. Not Properly Screening Tenants: Screening all occupants that are 18 or older helps ensure you find high-quality tenants that will care for your home. Screening should include credit, criminal history, eviction history and employment verification. It’s important to set minimum criteria for each to determine a qualified applicant. 2. Not Performing Routine Inspections: Inspections are important … Read More