Category Archives for Income Properties
7 Things that Landlords Would like their Tenants to Know
As landlords, we deal with our renters day in and day out. Some are easier to deal with than others and admittedly some of us are better communicators that other investment property owners. I wrote this article, not just for tenants but for those of you that own rental properties. This article is really pointed […]
Continue readingReal Estate Rentals – Selling For More by William Bronchick
Selling real estate rentals isn’t like selling houses. You can paint a house, and get a little more because it looks nice. Rental properties, especially larger ones, are different, because they’re bought by investors, who look at income more than new paint. Raise the income, and you increase value to investors. Time to learn about […]
Continue readingSix Essential Items to Look for in Your Property Management Agreement
Whether it be your first or 10th rental, an apartment house, or commercial property; at some point in time, as your business grows, you will want to hire the services of a professional property management company. When you do, you will be signing some sort of property management agreement with the management company outlining a […]
Continue readingHow to Choose a Property Manager
So you’ve decided that you will hire a property manager. You have weighed the upside and the downside of doing so and have decided that it is in the best interest of your business to forge ahead. In business, we have to make a lot of choices, some small and some big. Hiring a property […]
Continue readingDo I Need to Hire a Property Manager?
Let’s say through savvy investing, you have managed to accumulate a portfolio of properties. It doesn’t matter if it’s a large or small portfolio. You may have even tried to self- manage them yourself. Now as you procure more properties you may find you may not be as organized as you once thought and find […]
Continue readingLandlording Sucks (and What to do About it!)
While rental houses are a great line of business to get into in order to make consistent cash flow and long-term wealth, there are a few things to consider before jumping into the fray. This is particularly true if you are considering managing them yourself. There are all kinds of reasons that rentals are a […]
Continue readingWhat Can I Do if a Tenant Abandons My Property?
Have you ever had a tenant leave in the middle of the night or the middle of an eviction? Did you ever wonder what to do when the tenant abandons the property? Basically, when a tenant abandons the property, you do not need to file an eviction or wait for the sheriff. You can change […]
Continue readingIllegal Discrimination in Housing
You want the best tenants in your property, so you have to be choosey, particular or… dare I say… “discriminatory”! But not all forms of discrimination are illegal. It is illegal discrimination only when you discriminate against people who are a member of a “protected” class. The Fair Housing Act of 1968, as amended, prohibits […]
Continue readingMaster Lease Option for Apartment Building Strategy
Why buy an apartment building when you can RENT one? If you are buying an apartment building with the intent of improving and flipping it within a few years, the Master Lease Option for Apartment Building Strategy may be the way to go. Instead of going under contract, raising the down payment through syndication, and […]
Continue reading10 Easy Ways to Spruce Up Your Rental or Rehab
It’s easy to fix up your properties if you have unlimited cash. However, you need to keep your repairs to a minimum to stay profitable. You also need to keep your properties in good shape to attract tenants or buyers. It also has a lot to do with your knowledge of how rental properties work with […]
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