Maximizing the benefits of being a pet-friendly rental space leads to better rental investment returns and more potential renters. But keep in mind that accommodating pets require utmost preparation. It’s, therefore, good practice to create a pet screening procedure. Having a thorough pet screening process will help to deter any renter property damage and help […]
6 Best Ways of Retaining a Tenant
The best path to finding success when managing a rental property is to find long-term renters. With residents signing lease renewals regularly, you will have a steady income you can use to expand your portfolio or improve your current properties to entice tenants to stick around for a long time. That said, searching for high-quality […]
How to Keep Renters Happy
When you own a rental property, your major source of income is your tenants. As a landlord, it’s important to find high-quality tenants who abide by the rules and regulations in the lease agreement. However, good tenants are not always easy to find. That’s why when you find one, you need to make sure to […]
8 Tips for Getting Your Property Ready to Rent
As a landlord, when you have a vacant rental unit, you’ll want to fill it quickly. In order to find prospective tenants for your property, you want to get your property rent-ready. This will ensure that it looks nice for property marketing and that it’s functional – which will attract many prospective tenants and applications, […]
How to Write a Good Property Listing
Writing a great rental listing is key when it comes to attracting tenants. You want to write an attention-grabbing listing that will make prospects stop and read your ad. This will improve your chances of landing the right tenants for your rental property. In this article, we’ll provide you 7 tips on how to write […]
How to Film a Great Video Tour of your Rental
There are many great ways to showcase your vacant unit to prospective tenants. One of these ways is to film a video tour of your rental. Virtual property tours can be extremely effective at attracting prospective tenants. In fact, a study done by QuickSprout.com found that landlords who include videos in their real estate listings […]
A Guide to 1031 Exchanges in Roanoke
Are you a rental or business property owner in Roanoke looking for ways to simplify your taxes? If done right, a 1031 exchange may help to defer some of these costs. A 1031 exchange is a way to avoid capital gains taxes when you sell a rental property. This method allows a property owner to […]
16 Terms All Real Estate Investors Should Know
As a real estate investor, there are some real estate terms that you should master. That’s because you will come across them every day. At first, you may feel intimidated and overwhelmed at all the terms, but with time, you’ll see that they will become part of your daily life when you’re communicating with other […]
How to Calculate the ROI on a Property Investment
In this present day and age, many people are looking for a safe means of investment where they’ll receive consistent returns. Rental real estate has been lauded by many as one of the most dependable investment vehicles, as it provides passive income and a hedge against inflation. It also provides a number of tax benefits […]
How to Increase Your Income Without Raising Rent
Rental real estate has continuously been hailed as a sound way to make passive income. As a real estate investor, you may want to increase your income. However, raising the rent poses a risk of losing your tenants. A high rate of tenant turnover not only puts your income at risk, but it also increases […]