The goal of any investment property is to produce income. The income derived from residential real estate is primarily from the tenant’s rent. Knowing this, seasoned investors will quickly admit the financial stability of the renters play a major part in the economic success of income property.
“The biggest mistake many investors make is to ignore the numbers generated by their properties.”
Create winning ads that will make the phone ring! If you’re planning to use the Internet to search for renters, use the following checklist to ensure you have created an advertisement that will entice renters to call you.
Look Who is Living Like the One Percent – By Jon Coupal, President of Howard Jarvis Taxpayers Association
Self-styled “progressives” smugly promote a cartoonish image of upper income individuals as those who enjoy limousines, expensive wine, travel and lavish parties. If one listens long enough to their story, one may begin to imagine that all rich people
Eventually, it happens. You run into your first bad tenant which leads to a tenant eviction. Unfortunately, this usually happens more often in your beginning years as a landlord – right when you have the least extra cash flow and the most faith in humanity.
Can your rental property business run without you? What if you wanted to take a three-month vacation, could you rest assured that your business would function just fine in the hands of a substitute landlord? What if you wanted to retire and sell off your
Medical Marijuana and Tenancy in California Medical marijuana is a big subject these days not only in California, but throughout the tenant/landlord world. There is much confusion and debate about what is and is not legal. In preparing this article, I consulted many interesting resources.
The importance of having a maintenance schedule is so that any minor maintenance projects won’t become a major repair. Many potential problems can be avoided by following a
There are a few new laws that affect landlords that will come into effect January 1, 2015 and some of them already have been in effect since this past September. The good news is that none of the laws are overly burdensome on landlords or detrimental to your income making ability. The bad news is…