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As a landlord, you want to make sure that you're doing everything in your power to protect your rental property and ensure a positive return on investment. Owning rental property is a great way to earn passive income. In fact, rental property investors saw an annual average return of 9.06% in the third quarter of 2021. Despite the good returns, landlords still have to put their best foot forward to ensure maximum returns. On the surface, a landlord's job sounds super easy. What's so hard about making a few renovations, collecting rent, and keep…

Did you know that more households are renting now than at any other point in the past fifty years? If you’re about to move, you’re likely asking yourself, Should I sell my house now? Or should I rent it out to tenants? While there is nothing wrong with selling, it’s important to remember that there are a whole lot of benefits that come with renting. If you want to learn more about them, you’re in the right place. In this article we’ll help you decide whether or not renting your property is the right decision for you. Good Cash Flow If you sell …

According to the latest census, there are about 44 million tenant-occupied households in the US. A survey shows that among these home renters, over 25 million have running renter's insurance. While renter's insurance benefits look out for the tenant’s belongings and welfare, they also extend to the landlords. Moreover, this policy also contributes immensely to overall property management. Landlord insurance cover losses in case of damages resulting from a fire, criminal activities, floods, and more. But, there is more reason for you to encourag…

As a responsible landlord or homeowner, you likely put a lot of time into screening tenants. Unfortunately, no screening process is perfect. If you end up with a bad tenant, your rental property will often pay the price. Sometimes, the tenant will damage it by accident. Other times, they will do so on purpose—for instance, if they're mad about getting evicted. Either way, you'll need to handle this situation as quickly as possible. Here's all you need to know about how to deal with property damage. Identify the Damage The first thing you should…

Are you shocked that the real estate market in America is worth over $1.1 trillion now? As the demand for high-quality housing continues to skyrocket, there's never been a better time to take a slice of this massive pie. Investing in real estate is one of the most lucrative things you can do. If you've been thinking about buying property to rent out, then you may be scratching your head at the single-family vs. multi-family property debate. Would you like to figure out which avenue is best for you? Read on to learn the most important facts. How…