The Biggest Challenges Of Self-Managing A Rental Property

There is no greater long term investment in real estate than a quality rental property. The right rental will not only provide short term cash flow in the way of surplus rents received, but can give you the potential for appreciation years down the road. All the while you can take advantage of many tax Read more about The Biggest Challenges Of Self-Managing A Rental Property[…]

5 Ways to Deal With a Tenant Owing You More Than Their Deposit Will Cover

Our first thought was: There is a dead body in this refrigerator. Of course, upon closer inspection, there was no dead body, just rotting food, garbage, and other unknown objects. The smell was unlike anything we had ever experienced before. The unit was left with garbage covering nearly every square inch of the floor, holes Read more about 5 Ways to Deal With a Tenant Owing You More Than Their Deposit Will Cover[…]

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6 Negotiating Tips for Lowering Your Closing Costs

The hardest part’s over—you found the perfect house. Now you have to go through negotiations in order to buy the house, get the perks that you want, and—of course—determine your closing costs. The latter can be a surprising additional expense in the home-buying process. Typically, closing costs equal anywhere from 2 to 5 percent of Read more about 6 Negotiating Tips for Lowering Your Closing Costs[…]

3 Key Strategies to Help You Manage a 30+ Unit Portfolio Remotely

Feeling Overwhelmed? I used to get really bogged down with property management when I first began buying rental properties. It got to the point that I regularly spent 20+ hours on it. Reading a lot of posts on this sub, I think many of your will relate to that. Over time, as my portfolio grew, Read more about 3 Key Strategies to Help You Manage a 30+ Unit Portfolio Remotely[…]

5 Signs You Could Benefit from Hiring a Property Management Company

Many people choose to rent out their properties to tenants in order to make extra income. However, being a landlord isn’t always easy. If you’re a landlord, you may find yourself wondering if hiring a property management company could be beneficial. With the property management industry growing 4.4% between 2012 and 2017, more and more Read more about 5 Signs You Could Benefit from Hiring a Property Management Company[…]

Bridgeport Property Management Advice: How to Fill Your Vacancy Faster

Most property owners want to minimize the amount of time their rental properties are vacant. The best way to fill your vacancy in Bridgeport faster is with curb appeal, curb appeal, and curb appeal. Make sure your landscape looks sharp. If you have a winter grass, it is likely to cost less than $50 to Read more about Bridgeport Property Management Advice: How to Fill Your Vacancy Faster[…]

8 Questions to Ask When Screening Tenants

By Andrea Collatz As a landlord, you want the best possible tenant to occupy your rental. Therefore, you may wonder what kinds of questions you should ask during the tenant screening process. In order to weed out undesirable applicants and find a good long-term tenant, it’s important to ask questions that will help you to understand if Read more about 8 Questions to Ask When Screening Tenants[…]

Improve Your Cash on Cash Return In Connecticut to Maximize Your Investment

How to Improve Your Cash on Cash Return. It’s funny, experts don’t really agree on what exactly a good CCR is. Some say 8 percent, while others insist on nothing less than 20 percent. No matter what the number, if you’re not comfortable with your CCR, there are ways you can improve it. Improve the Read more about Improve Your Cash on Cash Return In Connecticut to Maximize Your Investment[…]

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Why Most Property Managers Are Evil Bitches… And How to Make Sure Yours Isn’t.

When I get time to, I read. I read emails, lots of them, I read Facebook posts and complaints about property managers. “She declined me for a property even though I’ve got great references.” Liar! “She took my bond even though the house is cleaner now than it was when I moved in.” Liar! “I Read more about Why Most Property Managers Are Evil Bitches… And How to Make Sure Yours Isn’t.[…]