Although it can be challenging, there are still a few ways to flip houses with no money down in 2021. If you don’t have money for a fix-and-flip, you will still need to bring some value to the transaction, which could include fix-and-flip experience, a strong network, or renovation skills. If you have some experience…
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5 Best Online Rent Payment Services for 2021
Whether you manage one or hundreds of units, there’s an online rent payment service for every budget―some are even free. We reviewed the five best online rent payment services for 2021 based on pricing, features, and ease of use. Based on our research, we’re confident you’ll find the right one for your needs. Avail: (Best…
Property Management Software: Here’s What’s Best in 2021
The best property management software makes it easier for landlords to manage rental properties and simplifies rent payments for tenants. Some property management software is best for landlords with one to four properties while other software is suited better to rental property portfolios. Avail: Overall Best Property Management Software Avail can be used to manage…
40 Resources for Black-owned Businesses: Training, Marketing & More
Black business owners looking for training and certifications, access to funding, and assistance with key business operations like HR and sales can unlock access to programs and opportunities geared to help them succeed. Fit Small Business has created a list of resources for Black-owned businesses in the following areas: Training and certifications: Get certified as…
The 5 Best 1031 Exchange Companies for 2020
A 1031 exchange allows investors to sell investment properties and acquire other investment properties as replacements to avoid capital gains and depreciation recapture. Choosing the right 1031 exchange company depends on the complexity of the transaction and whether investors need additional services. Top 1031 Exchange Companies for Investors How We Evaluated the Best 1031 Exchange…
5 Best For Sale by Owner Sites in 2020
If you’re planning to sell an investment property without using a real estate agent or looking for investment properties not listed with real estate agents, you might consider a for sale by owner (FSBO) website. FSBO sites with listing syndication offer the easiest way to increase the visibility of your property listing while many single…
How to Buy a Duplex: The Ultimate Guide for Passive Income
Buying a duplex is a great way to offset housing expenses by living in one unit and renting the other. It’s also a great option for beginner investors to learn how to manage rental property. Once those skills develop, owner-occupied investors can move, rent their unit for additional income, and build a real estate portfolio….
6 Best Tenant Screening Services 2020
The best tenant screening services offer criminal background checks, employment and income verification, and eviction history—all at an affordable price for landlords, tenants, and property managers. Depending on state laws, landlords can charge tenants for the application and tenant background check fees. Top 6 Tenant Screening Services Which Tenant Screening Service Is Right for You?…
7 Ways Landlords Can Verify Proof of Income
Landlords should ask prospective tenants for proof of income to show they can afford to pay rent and to determine if they’re committing fraud with forged documents. Pay stubs are the best proof of income, but landlords also should collect at least one other proof of income document and compare the two. You can verify…
How to Evict a Tenant in 5 Steps + a Free Eviction Checklist
Due to the COVID-19 pandemic, many landlords are temporarily prohibited from evicting residential and commercial tenants. If you’re a landlord who was in the eviction process before the CARES Act was signed into law on March 27, 2020, you may still be able to proceed with your eviction. We’ve included answers to some frequently asked…
How to Buy a Pre-foreclosure Home in 7 Steps
A pre-foreclosure occurs when a borrower defaults on their mortgage prior to their bank foreclosing and selling the property at auction. During pre-foreclosure, the homeowner can either sell the property or pay the outstanding balance on the loan. An investor can typically buy a pre-foreclosure below market value. Finding pre-foreclosures is tricky. You’ll need to…
How to Screen Tenants for a Rental Property in 8 Steps
Landlords should know how to screen tenants for their rental units. They do so by running credit checks, verifying income, confirming employment, conducting criminal background checks, and verifying prior landlord and residence histories to assess whether a prospective renter will make a good tenant. Proper screening helps landlords avoid the common challenge of accepting applicants…