Fall is officially here, and cold winter weather won’t be far behind. Since winter temperatures can take a toll on buildings in many parts of the U.S., now is an ideal time to take care of maintenance at your rental properties. Performing basic maintenance now will ensure you’ll spend less time (and money) on roofing,… Read more »
Monthly Archives: September 2022
How to Begin Building an Emergency Rental Fund
Whether you’re a homeowner or a landlord, it’s always wise to have an emergency fund to pull from when unexpected expenses come up. Most financial advisors recommend property owners save at least 3 – 6 months’ worth of expenses to cover maintenance, repairs, mortgage loss of income, and other financial concerns. However, only around 39%… Read more »
Cash for Keys: An Alternative to Eviction
For many landlords, the goal is to avoid spending money unless doing so will increase their return on investment (ROI). However, there are times when spending money to convince a tenant to leave is preferable to the time, costs, and hassle of eviction. Cash for keys is an ideal option for landlords who would like… Read more »