rental investment: Let Martin Presence Keep Your Dream From Becoming Your Nightmare
- 02/03/17 01:17 PM
Owning rental property is a great way to make money, but it also comes with great responsibility. As a property owner, you have an obligation to ensure that nobody gets hurt on your watch. Unfortunately, in today’s sue-crazy society, even the most conscientious property owner can find himself in a surprisingly sticky situation. Here are four big areas of potential problems. First, it is your responsibility to rent property that is safe and well-maintained. Fix or remove hazards promptly, and take action to remedy any tenant complaints and reports in a reasonably timely manner. Failure to do so could result in injury … (10 comments)
rental investment: 7 KEYS TO HELP YOU SUCCESSFULLY UNLOCK YOUR NEW RENTAL PROPERTY
- 02/02/17 09:41 AM
So now you’re a landlord. Congratulations. Investing in rental properties can be a smart way to grow your income, especially in today’s rental market. Just remember, being a landlord is not for everybody. It’s also not a way to get rich quick. Being a real estate investor is a long-term commitment, and like marriage, not to be entered into lightly. But if you're still itching to tap your inner real estate baron, here are 7 keys to help you successfully unlock your new investment property. KEY# 1: Recognize that being a landlord is a business. Even though a rental is someone’s home, it’s … (3 comments)
rental investment: 5 New Year’s Resolutions for Landlords
- 02/02/17 09:38 AM
A new year is always a good time to take stock of where we are and where we want to be. We do this in our personal lives, and it’s a good idea to apply this concept to our businesses as well. You have invested in rental properties to increase your financial portfolio. Is it performing as well as you would like it to? If not, these resolutions might be a good place to start. 1. Decrease vacancies The easiest way to do this is to find long-term tenant, but it’s not the only way. Advertise a vacancy as soon as you learn … (25 comments)
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