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When you have a vacancy at your property, you’ll be tempted to fill it as soon as possible. But in most cases, it’s better to carefully screen your tenants, so you can be sure you fill the property with a candidate who will pay you consistently, on time, and preferably for as long a period

Many people want to become a landlord because they view it as a somewhat hands-off position. You can hypothetically buy a property, find a tenant, and sit back while you collect rent payments and only respond to issues as needed.

Once you buy a property, there are a few things you won’t be able to change (or change easily). You can’t change the location of the property, or improve the school district, or reduce the crime rates. But there are many updates you can make to the property—sometimes exceedingly simple ones—that will attract more tenants

Much like the prices in the stock market, the prices of properties in a given neighborhood can cycle up or down, based on external variables. Hypothetically, you can use these swings to your advantage—especially if you’re considering buying a new home or selling your old one.

Although lease agreements, rent collection, property maintenance, and cash flow tend to get the most attention in landlording circles, it’s a grave mistake to overlook the importance of property marketing. Without a marketing strategy, you’ll find it difficult to stand out in a crowded market that offers plenty of inventory.

Buying a home and taking out a mortgage have essentially become synonymous over the years. Almost everyone takes out a loan to purchase a house, but that doesn’t mean you have to. It’s a wonderful feeling to be able to buy a house with cash, and, regardless of your income, you might actually be able