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On paper, property management seems like a kind of golden ticket. If you have the right investment properties in your portfolio, you can sit back, relax, and watch the cash roll in. All you have to do is handle a handful of maintenance requests now and then, and your tenants will send you tons of

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

Owning a rental property can be extremely financially advantageous, providing you with a steady stream of income and an opportunity to benefit from long-term property appreciation. But owning this type of property, and managing tenants actively, does come with some additional complications and risks. For example, let’s say you’re 6 months into a 1-year lease

Most people buying a house for the first time are primarily interested in a single-family home – a traditional house that was designed to provide shelter to a single family, with a single unit. But there are also multifamily homes available for sale, including duplexes. Duplexes are multifamily houses with two individual units; if you

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