To run a successful real estate business, you have to be sure all your bases are covered, and this includes having the proper lease in place with your tenants. To help you get started, in this post, we cover five essential details you need to know when constructing a property lease.
Although single-year property rental leases allow for annual rent increases, multi-year leases can actually be more advantageous. Find out why real estate investors should welcome tenant’s requests for these long-term leases.
If you are on the fence about whether to invest in a single-family or multi-family home, we can give you a few pointers on the subject. Although it can come down to personal preference, this post might just provide some valuable information that can help you make a concrete decision.
Most investors just assume that purchasing a rental property near a busy street is a bad idea. However, in reality, it’s actually a very profitable location. See the reasons why you may not want to pass up purchasing property that’s situated near a busy street or intersection.
If you’re hesitant to sign a multi-year lease because you have plans for annual rent increases, you may want to think this through. Read more to see why multi-year leases may be your best bet if your goal is a high ROI and keeping quality tenants on your lease.
Are you hesitant to rent to pet owners? If so, I recommend you reconsider! Although it can be a bit scary after hearing horror stories of damage caused by pets, when you weigh all the factors, you will see that you gain certain advantages when opening up your property to pet owners. Read this post to find out more!
Knowing the best times of the year to find tenants can be used to your advantage as a rental property investor. Read more to find out when these times are so you can be selective and secure the best tenants.