Rent control laws are put in place to protect tenants from being subject to excessive rent increases and to offer affordable housing options. Knowing the states with rent control is crucial to successfully navigating the rental market, whether you’re a landlord or tenant. These laws vary from state to state; thus, take a closer look…
Real Estate Investing & Rental Management
A Landlord’s Guide to Property Easements
Whether you’re a seasoned landlord or a new property owner, you may encounter a tricky issue in real estate: property easements. These legal agreements give an outside party access to the property and potentially complicate your ability to maintain full control over it. That’s why I’m here to help you navigate through it—this guide has…
Rent-to-Own Homes: A Complete Guide for Investors
Going the traditional route of securing a mortgage to buy a new home can pose challenges for want-to-be owners facing financial constraints or reservations about standard bank loans. In such cases, rent-to-own homes are an alternative homeownership option worth exploring. This guide explains how rent-to-own homes works for investors, shedding light on agreements and pertinent…
How to Start an Airbnb Business in 7 Steps
Airbnb has revolutionized the way people travel and invest in real estate. We detail each important step in starting an Airbnb business, from understanding the nuances between traditional and Airbnb investments to financial planning to day-to-day operational management. Whether you’re a seasoned investor or a newcomer looking to start an Airbnb business, we’ll help you…
Guide to Understanding Return on Equity (ROE) in Real Estate
Return on equity (ROE) is an important metric used to evaluate the success of real estate investments and can be applied to commercial and residential properties. Whether you are a seasoned investor or just starting, understanding what return on equity is and using the return on equity formula are essential in gauging how well your…
What Is a Short Sale in Real Estate? The Ultimate Guide
Whether you’re a new or experienced real estate investor, you may have asked, “What is a short sale in real estate?” The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. Their short sale mortgage is said…
How to Screen Tenants in 7 Steps (+ Free Checklist & Flowchart)
Screening tenants for a rental property is a critical process that can significantly impact a property’s success and profitability. By implementing effective screening methods, landlords can attract reliable and responsible tenants who meet their rental obligations and help property owners maximize their investment potential. We’ll explore seven key steps on how to screen tenants to…
7 Best Online Rent Payment Services for Landlords
Effective rent collection is an essential aspect of landlord success. From secure online payments to automatic reminders and detailed reporting, rent payment services provide landlords with the tools to improve their rental management experience and ensure smoother tenant-related financial transactions. Based on factors like cost, platform features, user-friendliness, customer service, and our expert opinion, my…