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You have many factors to consider when you seek to profit from a rental property. You need to purchase in a neighborhood that will appreciate in value, you have to treat your property well, and you must set a competitive, yet profitable rental rate for your tenants. There’s one high-quality element you’ll need more than

When you’re looking to make financial ends meet, renting a spare bedroom in your home or apartment can be a wonderful opportunity. It can help offset expenses, pay the mortgage, and justify your investment. With that being said, you should approach the opportunity to rent out a spare bedroom with caution. Any time you’re bringing

When most people think about landlording, they have this picture of low-income properties with outdated features, broken appliances, and tenants who don’t pay their rent. But there’s another end of the spectrum. Whether you’ve had any firsthand experience with it or not, there is such a thing as a high-paying tenant who appreciates fine taste

When we think of snowbirds, most people automatically associate the term with Florida, conjuring up a vision of retired citizens of the north flocking to warmer climes for the winter. But why Florida? Certainly, our southernmost state is not the only place in the country with pleasant winter weather. Texas, as we know from experience,

Open houses aren’t just for individuals looking to sell their homes. As a landlord, you can also host open houses to attract potential renters. But if you’re going to host an open house, you need to do more than make things look pretty. Buying flowers and baking cookies will only get you so far. You

As a landlord, there are plenty of scary words. Terms like “water leak,” “late payment,” and “broken” can strike fear in even the most experienced landlord. However, is there any word more painful than “vacancy?” Water leaks can be fixed. Late payments can be tracked down. Broken appliances can be repaired. But vacancy? There’s not