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Owning rental property comes with some big challenges, and dealing with troublesome tenants is one of the most important things to get under control. Some tenants are perpetually late to pay rent and refuse to pay late fees. However, the worst is when a tenant damages your property. It would be great if they followed

For landlords, vacancies are always an issue, as they’re largely unavoidable. Sooner or later, your tenant is going to move out (or find themselves in a position where they can no longer continue paying rent). And that means your unit is going to be empty, at least temporarily. Vacancies are problematic because they prevent you

How would you describe yourself as an investor? Are you extremely risk tolerant and aggressive with your strategies? Or are you a more defensive and cautious player, only investing when you feel reasonably certain of the potential gains? In the rental property investment world, it’s possible to be successful with a wide range of different

Managing a rental property means allowing other people, your tenants, to occupy your property in exchange for paying an agreed-upon monthly rental fee. This arrangement can be mutually beneficial, providing affordable housing to someone who needs it while simultaneously giving you an opportunity to generate profit. But this arrangement also presents some interesting complications. For

Did you know that between 2000 and 2018, the average number of eviction cases filed by U.S. landlords was 3.6 million? That means 7% of all renting households faced eviction legal action, and eviction filings nationwide climbed 21.5% during the aforementioned time frame. What does that mean for you as a rental property owner? It

Are you a new rental property owner, or have you added to your portfolio of investment properties? One of the best decisions you can make is to hire a property manager to help you make the most of your investment. For a relatively small percentage of the monthly rental income, a property management firm can