Becoming a landlord in today’s competitive real estate environment is not an easy task. In the first year, new landlords can feel completely overwhelmed, and many will fail in their endeavors because they’re not managing their finances properly and taking advantage of every opportunity. Among the most important things you should keep track of are…
Every landlord wants their business to be as profitable as possible. Sure, you can cut some costs to make that happen, but you should also search for ways to increase your profit. This article is dedicated to some simple (and mostly cheap) tricks to increase the value of your rental property. If you follow our…
Here, at the LandlordTips blog, we know that being a landlord can get difficult sometimes. No matter if you’re an experienced real estate pro, or it is your first property you’ve ever rented out, you might have some difficulties with pretty common activities. For example, many landlords got puzzled over an easy question “How should…
If you’re looking for a low stress, high-income job, there are few options that hold the same allure that being a landlord does. With far fewer day-to-day tasks that need your attention, lucrative profits, and a diverse, exciting job description, the position of being a landlord is an attractive one indeed. However, the task of…
In the modern world, technology continues to improve and evolve. Think about all the great gadgets, gizmos, and apps created in the past ten years (or even in the past year)! Of course, this immense technological growth influences each area of our personal and professional lives… Including when it comes to real estate. Property ownership…
Roofing deserves our attention. It is protective, functional, and aesthetic. With this in mind, it’s useful to examine existing and upcoming roofing trends for the new year. Metal Roofing: More Popular Than Ever Concrete and clay tiles, vinyl membrane, and wood have been used for years. However, metal roofing has not been so trendy recently…
One of the many dilemmas you’ll face as an aspiring homeowner will be the property type to buy. You might feel like a condo is a better option for you, as it might seem more affordable and require less maintenance. Or, maybe buying a house seems like a great idea, as you believe privacy is…
So, you decided to try your hand as a landlord. Congratulations! As you might already suspect, this undertaking comes with lots of benefits, with the main one being generating a stable monthly income. However, being a landlord is also a big responsibility, and it requires a lot of commitment and knowledge.Many people who just start…
In today’s economy, renting out an apartment or two is a great way to make some cash on the side. If you live in a large city and own a few apartments, renting them out is a simple and relatively easy means of adding a few thousand dollars to your monthly income. What’s more, you…
Being a landlord may be a challenging undertaking. Once you’ve decided to turn your house into business, chose a property to invest in, and rent it out, there’s still a lot ahead of you. For example, you’d have to get the house ready, going through the full checklist for home maintenance to provide your tenants…
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