All Rental Property Articles - Page 3

Sample Rent Increase Letter [+Free Templates]

By Allison Bethell on January 3, 2019 | Real Estate Investing, Rental Property, Templates | Comments (0)

A rent increase letter notifies tenants of an upcoming increase in rent. Typically, there is no limit on how much you can increase the rent if the property isn’t rent controlled. However, you should adhere to your lease and state landlord tenant laws. Generally, a tenant is given 60 days’ notice of the rent increase….

How to Rent a House in 7 Steps

By Michelle Ivy on January 3, 2019 | How To, Real Estate Investing, Rental Property | Comments (0)

Renting out a house can bring great financial rewards or significant pitfalls. This guide shows how to rent a house by being proactive. You will learn how to assess your property, decide if a management company is needed, price your rental, find and screen quality tenants, and how to protect yourself as a landlord. is…

Vacancy Rate Definition, Formula & Average

By Allison Bethell on November 14, 2018 | Real Estate Investing, Rental Property, What is | Comments (0)

Real estate vacancy rate is the percentage of all units in one rental property that are unoccupied during a particular time. Vacancy rate is calculated by multiplying the number of vacant units by 100 and then dividing that by the total number of units in the building. The U.S. average vacancy rate is 7 percent….

Residential Rental Property Depreciation Calculator

By Allison Bethell on November 13, 2018 | Calculators, Real Estate Investing, Rental Property | Comments (0)

How to Read Your Rental Property Depreciation Calculator Results Cost basis: This is the original purchase price of the property plus all closing costs; if you’re unsure of your closing costs, they’re typically 2 to 5 percent of the purchase price Averages of rental property depreciation: The useful life of residential rental property is 27.5…

25 Rental Property Expenses Investors Can’t Afford to Forget

By Benilyn Formoso - Suralta on August 12, 2018 | Real Estate Investing, Rental Property, Tip List | Comments (0)

Investing in a rental property is a great way to earn a passive income, but there are a number of costs associated with buying and managing rental properties that should be included when you calculate your returns. We spoke with industry experts who shared the most important rental property expenses landlords can’t afford to ignore….

Rental Property Insurance: Providers, Costs & Coverage

By Allison Bethell on June 13, 2018 | Real Estate Investing, Rental Property, Ultimate Guide | Comments (0)

Rental property insurance protects landlords against liabilities caused by tenants, other perils caused by weather damage and other potential losses like crime. Most national insurance providers offer rental property insurance to help protect your rental income. Typically, an average policy on a $200,000 rental property costs $1,473 to $1,596 per year. Rental Property Insurance Providers…