Rental Properties + Equity

Can a House Have “Too Much Equity” to Be a Rental? One of the advantages of a rental house is that it builds its own equity. Rental payments cover mortgage payments and you gain equity over time. However, when it comes to market conditions, sometimes the most profitable choice is not to continue renting a property. You may find yourself… Read more →

Desirable Features that are Liabilities

6 “Desirable” Features That Are Liabilities in Rentals You want your rental home to be profitable. One of the best ways to charge a little extra rent is to have luxury features that renters love. While it’s easy to find lists of desirable features, what the trend lists don’t tell you is the risks that come with each upgrade. Certain… Read more →

Security Deposit Best Practices

Landlord Security Deposit Tips and Best Practices Security deposits represent an agreement of trust and security between a landlord and their tenants. When a tenant pays the security deposit, they agree to take care of the property or accept deductions from the money they could get back. When a landlord sends the security deposit back, they are acknowledging that the… Read more →

Adding Someone to a lease

Can You Add Someone to a Lease?     A rental home lease is usually one year long. However, life rarely conforms to that kind of schedule. When people need to change living arrangements, these moments happen organically. Perhaps your romantic partner is ready to move in, or maybe a good friend needs a place to stay. You might have… Read more →

Property Management Statements

What You Can Learn from Property Management Statements and Reports     How to Review Property Management Statements From Your PM You are an investment property owner.  You own rental homes, townhouses, or apartments that are run by a property management service. Property managers handle the daily and monthly routine of keeping your tenants happy and your properties in good… Read more →

Verifying Repair Requests

How to Verify That Property Repair Requests Are Legitimate Protecting your investments requires constant vigilance. When you own rental homes, that involves carefully screening tenants, monitoring expenses, and keeping tabs on your property management team. Reviewing repair requests and expenses is only natural. But how can you confirm that each repair request is legitimate, necessary, and handled in the best… Read more →