Rental properties can be a great investment. Not only are they great for passive income, but it's a clever way to grow your equity in real estate and having someone else pay for it. Deciding whether to manage your property on your own, or hiring a property manager is a big decision. managing your properties without a property manager can be a lot of work. It is not only the time investment but Continue Reading

If you are in the real estate business, I highly recommend hiring a third-party property management firm to do the job for you. Many might tell you this is a costly investment, and they won’t be wrong. The management fee is dependent on multiple factors, such as the number of rental units, property conditions, required resources, skills, etc. generally, management firms can charge around 10% of Continue Reading

The primary goal of staging a rental unit - whether an apartment or a home - is the same: renting it for the best value in the least amount of time. Staging makes this possible for all types of rental units. There are major differences between staging a home and staging an apartment. It is essential to know how to make your home or apartment look its best for maximum occupancy rates. Major Continue Reading

A property manager plays an important role in ensuring your real estate asset is well-managed. As with every type of investment, putting your money into an asset (even real estate) can have significant risks. There could be an unexpected slump in the market, or the renters market may be facing increased problems in paying off the rent. To put it simply, even though real estate is marketed as a Continue Reading

When you rent your property to a tenant, the goal is to generate a stable monthly income while also ensuring that your rental unit is properly taken care of. It is just as important to respect the tenant's rights and look after their needs throughout their tenancy. But the average day in the life of a landlord can be exhausting, especially as they are forced to navigate through a quagmire of Continue Reading

Almost every landlord is scared of ending up with a tenant who neglects their property or does not take rent deadlines seriously. Concerns like these are only natural, but did you know it’s possible to circumvent these problems even before they begin? Yes! It’s possible. Here are some tell-tale signs of a bad tenant.  1. Late Payments You knew this was coming, didn’t you? The alarm Continue Reading

Landlords and property managers deal with tenant problems nearly every day. Some tenants prove to be too troublesome, whether it’s missed rent, damage to the property, or noise complaints. The best way to deal with problem tenants is to use a thorough screening system to filter out the bad apples. Your property manager should help you run a background check on all new tenants to scout for any Continue Reading

Tips for buying a rental property in Las Vegas     More and more people are making real estate investments, especially in Las Vegas. It’s no wonder when you look at Las Vegas’s housing market stability. However, if you are interested in investing in a rental property, there are things that you should look into first. After all, you will need to make a significant investment, Continue Reading

Moving Into a Smaller Home - How to Adapt? Changing the environment is never easy. New home, new city, new neighborhood – it takes time to learn more about them and adjust to the novelties. However, one of the rather uncomfortable changes happens when you need to downsize. It takes some serious organization and planning to ensure you can continue your lifestyle similarly as before. Lack of Continue Reading