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…
Real Estate Investing & Rental Management
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 2024
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…
How to Wholesale Real Estate: The Ultimate Guide
Real estate wholesaling is a cost-effective way to start investing in real estate if you have limited funds and are looking for a short-term investment approach. The low financial barrier to entry and not having to manage tenants and rental properties, or house-flipping projects, make real estate wholesaling a great option for new investors. However,…
House-flipping Calculator: Analyze Your Property for Maximum Value
A house-flipping calculator is a powerful tool that calculates crucial financial data related to your property transformation projects. Whether you’re a seasoned real estate investor or an aspiring flipper, understanding the intricacies of potential profits and costs is essential. This calculator assists you in determining key metrics, such as the potential return on investment (ROI),…
Beyond Review: Is It Right for Your Real Estate Business?
Beyond, also known online as Beyond Pricing, is a short-term rental management software that uses algorithms and user data to help property owners determine the best price for their short-term rental properties and forecast revenue. It scored 3.53 out of 5, considering pricing, ease of use, help and support, and features such as listing management,…
Free Month-to-Month Rental Agreement Template & What to Include
A month-to-month rental agreement is used for short-term property rentals and includes vital information about the lease terms, payments, and tenant and landlord expectations. Every state has varying rules and restrictions that will impact the specific contents of an agreement. Still, it’s important to start with a thorough month-to-month lease template for your property that…
How to Find Probate Leads & Purchase Probate Properties
Probate leads are valuable to investors because they expand your portfolio and are typically priced at a reduced rate, allowing investors and real estate flippers to make larger margins. There are numerous ways to get probate leads—from public records and auctions to paid sources. To succeed in this process, you must know how to find…