It’s important to manage your real estate business right. Here are a few tools you can use to help your landlord journey.
If you’re not in the market to own a home, renting is your next best option. However, you might have some hesitation and wonder, “How much rent can I afford?” Fortunately, we’ve got a Rent Affordability Calculator that can help you quickly figure it out to find your next apartment. Everyone would love to live …
Rent Affordability Calculator: How Much Rent Can I AFFORD Now? Read More »
Landlords always want to fill their rental property with a tenant. However, tenants don’t want to pay a full month’s rent if they are not moving in at the start of the billing day. Prorated rent allows the landlord and tenant to meet in the middle. It’s a win for both sides! What is Prorated …
The Ultimate [SUPER EASY] Prorated Rent Calculator Read More »
It’s a scary feeling when you visit your property and find an unwelcome person living inside. No one likes squatters. Who knows what kind of damage they may have caused? But, before you take action, it’s essential to familiarize yourself with squatters rights. As a real estate investor, I’ve had my share of vandalism and …
Squatters Rights: How To Deal With Trespassers on Your Property Read More »
I still get excited when I’m able to fill any of my rental properties with a tenant. However, that excitement turns into worry when a tenant’s lease is approaching its expiration. Either, the tenant will renew their lease or become a holdover tenant. With Buy & Hold Investing, the rental income from the tenants covers …
Are you struggling to organize your real estate documents? What comes to mind when you think of real estate investing? I’ll give you a moment to think about it. Done? Was it taxes? I doubt it. One of the benefits of real estate investing are the tax benefits. For example, all repair expenses are tax-deductible, …
How to Easily Organize Your Real Estate Documents Read More »
When I look for potential investment properties I always have the BRRRR strategy in mind. BRRRR stands for Buy, Rehab, Rent, Refinance, and Repeat. Let’s go over a quick example. Property A is purchased fully in cash for $50,000 (including closing costs). The property only requires $10,000 in rehab. The property is rented out after …
Appraisers Are The Gatekeepers: How I Lost The Battle Read More »
You’ll often hear the term guarantor when someone is applying for an apartment lease. A bank can also assign a guarantor when forming a mortgage loan. I have all my rental property mortgages under a limited liability company (LLC). My lender allows this arrangement as long as I sign as the guarantor on the mortgage. …