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There are many important ingredients for success in a rental property management strategy. You’ll need to find the right neighborhoods, purchase the right properties, find the right tenants, and keep a tight leash on your expenses if you want to make a consistent profit. In addition to all that, you’ll need to turn yourself into

If you own a rental property and you manage it successfully, you might make an easy profit of a few thousand dollars every year. It makes sense that you would want to buy an additional property so you can multiply your earnings even further. One increasingly appealing strategy for real estate investors interested in scaling

Just like numerous other economic factors, rental rates fluctuate over time. Theoretically, they can go up and down. Practically, they only go up over time. That means if you don’t ever change your property’s rent rate, you’re eventually going to be undercutting yourself and charging a number that’s well below the going market rate. If

At Green Residential, we’re all for owning as many rental properties as you possibly can. It’s one of the fastest and most predictable ways to build wealth over the long run. However, not every rental property is a “buy and hold forever” kind of rental. There comes a time when you may need to sell

One of the biggest headaches rental property owners face is tenant drama. Of course, many tenants take care of their units, respect the rights of other tenants, pay rent on time, and cause minimal issues. But some tenants are less than amicable and can raise the blood pressure of investment property owners – and that’s no

Some people plan to hold their investment properties ostensibly forever. They want to continue earning passive income for the rest of their lives, then pass those investment properties to their children. But for everyone else, there will come a time when you eventually sell your rental property. At the end of a lease, when a