How to Recognize and Avoid Rental Scams
Property owners today enjoy the benefits of technological advancement, which has lowered the costs of advertising. Simply by marketing online, they can expand their reach and find more prospective renters. However, it has also led to the rise of an online rental scam. Some landlords may brush the risk aside, thinking it cannot affect their business, but an online rental scam can result in losing profits and ruining the reputation of your business. The loss of trust from victims who thought that you played a part in the scam can lead to negativ…
What to Do With Mail from Previous Tenants - Guide for Landlords
Even if your tenants have moved out when the lease ended, there are still some important factors to consider. For instance, you may still be receiving mail from such tenants. Sometimes, tenants forget to update their address, which can require landlords to do additional tasks for previous tenants. If you’re dealing with this issue, there are ways to manage this situation. Read our article for tips on what to do with mail intended for a former renter. Tips to Stop Mail from Former Renters Here are tips on what to do when mail arrives for former…
Reasons to Invest in Nashville Real Estate
Investing in properties has always proven to be a great strategy for building wealth. A successful real estate investment means you can expect a stable stream of rental income, appreciation in property value, and tax incentives that increase your take-home every month or quarter. But for Nashville real estate investors can enjoy the benefits that come with property investment in the Music City, they must buy in an appropriate market. Nashville, Tennessee is such a market. Here, the Nashville real estate market is booming compared to other mor…
How to Finance an Investment Property
Investing in real estate can be an extremely lucrative venture with ample benefits like generating passive income from rent, building your equity over time, and diversifying your portfolio. However, it often requires a significant start-up cost as well as many factors to consider prior to investing. With interest rates on the rise, purchasing an investment property can seem almost impossible. But it doesn’t have to be. In this guide, we’ll go over the different options to finance an investment property, from a traditional mortgage to alternati…
How to Transition from Part-Time to Full-Time Landlord
Renting out your property can be a great side hustle. As long as your property is in good condition and find trustworthy tenants, you’ll be able to earn a steady passive income. As your rental business grows, you might consider whether you enjoy being a landlord full-time or whether you have the time and energy to manage several rentals at once. Becoming a full-time landlord can seem daunting, but it can also be rewarding. Managing a rental property can be as time-consuming as a full-time job. Fortunately, becoming a full-time landlord has many…