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In a perfect world, tenants would pay rent on time and make no excuses when they’re late. In the real world, sometimes it doesn’t work that way. Although most tenants are only late on occasion, others are habitually late. Late fees are supposed to discourage tenants from being late with the rent — not provide

Although investment properties often yield a predictable cash flow and healthy margins, they can also open you to substantial levels of risk. Those risks are significant enough that some people just avoid this form of investment.

Nobody becomes a landlord thinking, “I sure wish I had something else on my plate right now.” No … in most cases, people invest in rental properties with the dream of generating passive streams of income that require little work or effort.

Among real estate investors and landlords, risk reduction is a significant challenge that must be faced. You have multiple options for protecting your investment, but in terms of your tenants, requiring everyone to carry renters’ insurance is one of the smartest moves you can make.

As a landlord, you’ve probably learned the value of observing your peers. You’ve learned many excellent approaches by shadowing other landlords, but you can often learn more from their mistakes.

You’ve got two choices as a real estate investor: manage your own properties or hire out the service to a property management company. Both options are valid, but the option that’s correct for you will depend on various circumstances. Here’s an exploration of 8 pros and cons to self-managing rental properties: 1. Self-management will save