Tagproperty management

What NOT to include in your rental property

What NOT to include in your rental property Over the years, I’ve learned that there’s a balance to strike in order to be successful as a rental property owner. Part of being successful means you need to attract quality tenants.  You know…the kind that pay rent, and don’t turn your house into a meth lab.  Well, just like you, good tenants want houses that are clean, affordable, and located in safe...

Should I hire a property management company for my rental property?

Deciding on whether to self-manage your rental property or hire a property manager is a question I imagine every real estate investor asks themselves.  While you’ll find people on both sides of the fence, in this post, I’ll share with you what I’ve learned about property management from owning 35 rental properties over the last 5 years. In Most Cases, Self-Managing Is Better There are situations...

DO YOU NEED A REAL ESTATE LICENSE TO RENT PROPERTY?

Do you need a real estate license to rent property?  That’s a good question.  If you want to rent real estate, it’s very important to know what the licensing requirements are.   In addition to requirements at the state level, cities and counties may also impose their own licensing requirements for individuals who wish to function as property managers. Furthermore, licensing...

HOW TO PUT YOUR LANDLORDING/RENTAL BUSINESS ON AUTOPILOT

Let’s discuss landlording on autopilot.  I’m amazed by the number of business owners I see that don’t delegate or automate anything.   They run around doing everything themselves under the guise of “saving money” while becoming enslaved to a business that was supposed to be their freedom from an employer.   A Quick Story A lady I know started a business a few years back, and she...

Should You A Hire Property Manager Or Self Manage Your Rental Properties?

How should you manage rental properties?  Is it better to just delegate everything to a property manager or self-manage your rental properties?  The answer: self-manage.  Ok – have a good night.  Be sure to tip your server. Seriously, though, I strongly recommend self-managing your rental properties if at all possible.  Let me explain why. Self-Manage Rental Properties: Why it’s...

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...

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