Many are trying to flip houses, becoming
#realestate
agents, or taking on
#rentalproperties
as a first-time
#landlord
. If you’re considering a leap into the landlord game, check out the following five simple steps.
The key thing to remember about
#realestate
#investing
is rather than get-rich-quick; it is a get-rich-slowly strategy. Here are the three critical elements of a great real estate investment. Contributed by our good friends at
@OnerentCO
The U.S. housing market continues to evolve in 2022, with rent prices for single-family rentals (SFRs) increasing in almost every part of the country.
Download our full Q2 2022 Rent Report 👉
When you’re monitoring rental property opportunities, a neighborhood analysis can help you to quickly learn if a new property is worth taking a closer look.
Read: How to Run a Neighborhood Analysis for Real Estate Investing via
@Roofstock
Single-family rentals (SFRs) have been attractive recently to new real estate investors. Here are ten reasons that investors have fallen in love with SFR real estate. via
@Roofstock
Reporting on-time rent payments to credit bureaus is catching on among property managers and renters alike. Read: 6 Reasons You Should Report your Tenants’ On-Time Rent Payments to Credit Bureaus via
@RentTrack
The subject of this week’s QuickView is a snapshot of average rents in
#Chicago
, IL. Based upon our analysis, the year over year rents in Chicago are down from last year. See full Quickview Reports for 1-bedroom, 2-bedroom, and 3-bedroom rentals.
Landlord Tips: Trying some or all of these money saving tips will hopefully have you making a little bit more each month as you use rental properties to increase your personal wealth.
#MoneyInTheBank
#PropertyManagement
#ThursdayThoughts
When you’re first starting and unsure of the types of properties you want to buy, how to hire an agent, or a contractor, setting up financing, or making offers can all seem very overwhelming. Here are 5 Steps to Start Investing as a Real Estate Rookie.
#RealEstate
is always fluctuating. People decide to move or
#rent
, lifestyle requires downsizing or upsizing and they change from a
#duplex
into a home or vice versa. We looked at
#rentalmarkets
across 4 main metropolitan areas of the
#UnitedStates
.
With the cost of living increasing,
#landlords
can choose to cover their higher costs for property taxes, utilities, maintenance, and
#property
improvements by raising
#rents
. These 5 questions will help you decide on the best time to raise rents.
When you own a rental property, there are opportunities to add extra revenue-producing amenities, large and small to increase profits.
Read: Considering More Profit Opportunities For Your Rental
While performing preventive maintenance might feel like spending money every month for little return, that small monthly investment is staving off a very expensive replacement. Read: How to Create A Preventive Maintenance Schedule
With social distancing our new norm, how do landlords, property managers, and real estate agents safely showcase their vacant rental properties?
Read: Virtual Tours: Landlords’ Guide to Showing Vacant Units During Coronavirus via
@SparkRental
Nicole Purvy of the
@BetterSuccess
real estate network uses
@Rentometer
to help investors, like herself, analyze cash flow before making an investment.
Read: Evaluating Cash Flow on a Prospective Investment Property
With many industries responding to social distancing measures, now is the best time for
#propertymanagers
to consider going contactless through technology as consumers prepare for the future of
#realestate
. Contributed by our good friends at
@OnerentCo
We have prepared a list of 6 ways to increase the attractiveness of your property to potential tenants this summer. Read: 6 Ways to Make Your Rental Property More Attractive This Summer
So much of
#realestate
is about due diligence, setting your
#rentalrates
should not be any different.
Read: 13 Questions to Consider When Setting Your Rent
Let’s face it, in the competitive business of
#realestate
, and specifically rental housing, it’s important to take advantage of every marketing tool that you can!
Watch: Build Your Business with Branded Reports
Rentometer + Google Street View... Now you can SEE rentals in rent comp reports! Rentals link to Google Street View.* Click the street view icon to the left of rental listing address, and YES it works on mobile. Learn more.
If you are trying to set
#rents
for your property or possibly looking to invest in a
#rentalproperty
setting rents profitably is essential. Here are 5 things you must know about setting rents.
BiggerPockets Money Podcast 110: Systematically Increasing Income and Intentionally Decreasing Spending with A Purple Life via
@BiggerPockets
@APurpleLifeBlog
As you enter the world of property management, you want to ensure that your investment is a success. Here are several tips for effectively managing your rental properties and getting your maximum ROI.
Read: Tips for Effectively Managing Rental Properties
Most new
#realestate
investors are unaware of all the options available to them for
#rentalproperty
financing. As they buy more
#properties
, they often find themselves asking, “Why didn’t I know about this option before?” Contributed by
@SparkRental
Many self-managing homeowners expect that once they find a renter, they can simply collect a check every month without worries.
Read: Top 5 Problems of Self-Managing Homeowners and How to Deal With Them via
@OnerentCo
Just because
#realestate
prices seem to have hit a temporary ceiling in many countries around the world doesn’t mean that profits from
#property
#investments
are hard to come by.
Read: 10 Tips for Successful Real Estate Investment in Emerging Markets
When you hear that nine in 10 millennial renters would pay more for an apartment featuring smart home technology, you may be willing to learn more. Read our blog post: How to Overcome the Biggest Challenges of Installing Smart Home Tech in a Rental.
To foster a healthy landlord-tenant relationship, landlords should consider the following when new tenants are moving to a new city.
Read: How to Make a Long-Distance Move Easier on New Tenants via
@HollyAWelles
Late rent fees are a way for landlords to motivate tenants to ensure they pay rent on time and in full every month.
Read: What Landlords Need To Know About Late Rent Fees And Grace Periods via
@landlordstudio
Buying and owning a
#rentalproperty
is one of the best ways to make money in the US market. However, investing in just any
#property
would not do the trick. You have to find a positive
#cashflow
investment property to make money with
#realestate
.
Setting prices on
#rentalproperties
can be tricky, but don’t panic. Although you do have to set a price,
#rent
prices are not permanent. Let’s dive into key factors to consider when setting prices on different types of rental properties.
Having the right
#tenants
to pay their rent on time and treat the
#property
with respect is the key to having a successful
#rental
. Here are 12 questions you should ask a previous
#landlord
about a potential new tenant.
Real estate investing can be challenging. You need to find a way to get an edge in what is becoming an ever-competitive market.
Read: 12 Best Apps for Real Estate Investors in 2019 via
@financialwolves
Managing multiple
#rentalproperties
can bring in a sizable income, it also brings many hindrances and challenges that can sometimes be overwhelming. If you want to manage multiple rental properties like a pro, here’s what you should do.
Have you ever needed to know, “How much was the average rent in this area last year? two years ago? three years ago?”
Now, the Rentometer PRO rent report includes a “Historical Trend Line” that provides 3+ years of historical rents in an easy to read chart.
While you might value your
#property
very highly, not everyone will necessarily think it's worth the same amount when it comes time to pay
#rent
. Here are 3 ways to increase your rental’s value.
Is the one percent rule a hard and fast guideline every investor must follow to be successful?
Read: How Ironclad is the One Percent Rule in Real Estate Investing? via
@Roofstock
We are told, Santa only visits real estate investors who are nice and have good investing habits. Here are seven naughty and nice habits that all real estate investors should consider this holiday season. via
@stessaHQ
As you expand your portfolio, you may find yourself looking at remote properties. Although managing properties from afar can seem impossible, the reality is that with the proper tools, you can become an accomplished remote landlord. via
@turbotenant
In Case You Missed It: Here are the basic principles many investors use to manage their rental portfolios from anywhere in the world. via
@DealCheckApp
We’ve pulled the current asking rents for two-bedroom, one+½ bathroom units for the Broad Ripple, Fountain Square, Castleton, and Downtown neighborhoods of
#Indianapolis
. The average rents across the board seem to be 3-6% higher than the local median rent.