CategoryRenting

HOW MUCH SHOULD I CHARGE FOR RENT?

“How much should I charge for rent?”  That is the question every rental property owner has asked themselves at least once.  Knowing how much to charge for rent is like determining how much a piece of art is worth. Determining the right amount can be tough, but in the end, you want to charge whatever the market is willing to pay.  However, since that’s not a very helpful answer, let me...

YOU’VE GIVEN TENANTS 30 DAYS TO VACATE OR THE LEASE HAS EXPIRED, AND THEY STILL WON’T LEAVE.  WHAT DO YOU DO?

In this post I’m going to cover 3 ways to get tenants out that won’t leave.  Do you have tenants that won’t leave after you’ve given them a 30-day notice?  Maybe you have tenants that won’t leave even after their lease has expired?  In either case, this blog post will help. In my experience of self-managing nearly 40 of my own rental properties, I’ve dealt with all kinds of...

BUYING & SELLING (FLIPPING HOUSES) VS. BUY & HOLD REAL ESTATE

As a real estate investor, you’ve got three strategies to consider pursuing: buying and selling real estate (flipping houses), buy and hold real estate (renting), or you can do both. The goal of this post is to take a deep dive into each of these strategies, so you can better decide which strategy is the best for you.   How I Got Started When I first started out in real estate investing some...

HOW YOU CAN FIND QUALITY TENANTS FASTER THAN A PROPERTY MANAGER

Property managers use software to automate the process of finding, screening, and approving tenants.  There are a number of property management software tools on the market – Appfolio and Buildium are a few of the more popular ones.   With these tools, a property manager simply plugs in the info about your property, uploads some photos, and the software will syndicate your rental listing to...

IS IT BETTER TO FLIP OR RENT YOUR INVESTMENT PROPERTY?

You know – there is no right answer to this question.  It’s completely up to you as a real estate investor.  It will depend primarily on what your real estate goals are and the market where you’re buying properties.  Let’s explore the pros and cons of each. Buy & Flip The goal with house flipping is to buy low and sell high.  The pro to this strategy is, if done successfully, you can...

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