10 06, 2019

What Millennials Want From Rental Properties

2024-06-17T12:40:52-04:00June 10th, 2019|Categories: Hard Money, Home Improvements, Investment, Investment Properties, Investments, Leasing Your Property|Tags: , , , , , , , , , |

Millennials are the largest generation we've ever had. If you own rental properties, it's wise to know what this generation is looking for in a rental property. Here are the main factors Millennials are looking for in a rental property. Close To Work Millennials like to live near where they work. They aren't as concerned about the quality of schools or whether or not the neighborhood is quiet. They are mostly seeking rental properties close to work. They don't want to commute far. If they can ride their bike or walk to work, even better. They're also happy to hop

1 05, 2019

How To Be A Landlord Your Tenants Brag About On Social Media

2024-06-17T12:41:14-04:00May 1st, 2019|Categories: Hard Money, Investment, Investment Properties, Investments, Leasing Your Property, Tenants|Tags: , , |

Want to fill your rental units? There really are ways to become the kind of landlord that has current tenants essentially marketing your vacancies on social media. Obviously, building a good, trusting relationship with tenants takes time, but there certainly are ways to speed things up a bit. Here are some ways to become the type of landlord that tenants will brag about on social media. Remember your tenants' names and use them. Remember that first job in customer service? Treat your tenants like the customers they are. Today's tenants expect prompt return texts. Give them your cell number. Text

25 02, 2019

Why Vinyl Plank Flooring Is Perfect For Your Rental Home

2024-06-17T12:41:41-04:00February 25th, 2019|Categories: Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, New Construction, Remodeling Tips, Tenants|Tags: , , , , , , , , |

Vinyl plank flooring, also called “luxury vinyl plank” or "LVP," is a great flooring option for your rental home. It's affordable, durable, and easy to install. Though there is new technology in carpeting that has made things easier for landlords, vinyl plank flooring is possibly an even better solution for whole home flooring. Luxury vinyl plank can give you the durability you need without having to replace flooring with each tenant turnover, if you choose a good product. Vinyl plank flooring can give you the look and texture of real hardwood floors. Plus, it is easily cleaned so that you

24 02, 2019

Check Downspouts & Gutter When You Buy A New Rental House

2024-06-17T12:41:42-04:00February 24th, 2019|Categories: Construction Loans, Foreclosures, Home Improvements, Home Upgrades, Investment Properties, Leases, Leasing Your Property, Rehab Loans, Remodeling Tips, Short Sales, Tenants|Tags: , , , , , , , , |

When you buy a new house that you intend to rent out, be certain to check the downspouts. These get overlooked too frequently and can cost landlords substantially. Attention to these should be part of your typical maintenance. See, for every inch of rain we get, our rooves divert around 600 gallons of water into our downspouts. You must make sure that this water diversion is working the way it should. Know this ahead of time, because renters often don't bother to report on these like this, especially if it doesn't affect them. Check Gutters For Clogs Clogged gutters throw

17 07, 2018

Investors: Have You Heard Of Rent Auctions?

2024-06-17T12:45:19-04:00July 17th, 2018|Categories: Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Tenants|Tags: , |

  If you own rental properties, you've got to hear about this latest concept: Rent Auctions. Typically, you check comparable rental units in the area, check market reports and do your best job at setting the price of rent in your rental units. Right? Then, you advertise the rental unit for the price that you think is the most accurate rate. Consider this though. One South African start up company began a rental listing and management service. Instead of just declaring the rent, landlords have the option t o allow potential tenants to bid on the opportunity to rent a

10 04, 2017

Playground Equipment and Your Liability as a Landlord

2024-01-09T17:19:44-05:00April 10th, 2017|Categories: Investment Properties|Tags: , , , , , |

If you have playground equipment on your rental property, you may be wondering whether the risk of a child (or adult) getting hurt outweighs the benefits. Whether you’re renting a single-family home with a backyard play structure or managing a multi-unit rental with a community park, you’ll want to know what your responsibilities are as a landlord. It is possible you could be held liable for any injuries that may occur. Let’s face it: children are accident prone – especially on playgrounds. It should always be assumed that there’s a chance for injury. If a child is injured on your

14 11, 2016

How to Deal With Late Rent During the Holidays

2016-11-14T10:00:16-05:00November 14th, 2016|Categories: Commercial, Investing, Investment, Investment Properties, Investments, Real Estate, Tenants|Tags: , , , , , , , , |

While everyone is scrambling to get their festivities organized and shopping done, unfortunately, it's too common for rent payments to be put on the back burner. Landlords are faced with this problem each year, and if it's happened to you, you know that it's a tough decision (you know, whether  or not to be a Scrooge). Keeping a Professional Distance From Your Tenants If you're a landlord, you know that maintaining a professional relationship and not becoming involved in your tenant’s financial woes is a necessity. No one enjoys evicting a tenant—especially during the holiday season—but you should remember that this is

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