There are many moving parts to being a landlord, and rent increase notices are certainly one of them. Because of this, it’s important to become well-versed in crafting rent increase letters and also know the proper way to deliver them to your tenants. You see,...
Although owning a rental property is a lucrative and secure investment, there are a few elements that some landlords just don’t understand or like dealing with. This includes rental property management responsibilities such as taking on lease terminations, as...
I’ve found from my own experience and through conversations with fellow investors that when buying or managing rental properties, understanding key rental property metrics is crucial. These metrics can provide details that reveal the financial strength of rental...
A smart investor knows it would be financially foolish to jump into a property purchase without first doing a few essential calculations to see if it’s even a good deal or not. Many of these investors will at least calculate the rent to price ratio (RTP), which...
If you’re an investor who diligently screens your tenants, you know that even when the perfect renter is handpicked, there’s a possibility that something can go wrong. For instance, missed rent payments and other situations can cause rental income to come...
The Labor Department announced on Wednesday that the headline Consumer Price Index (CPI) increased by 0.2% in July, which was in line with forecasts. Year-over-year, inflation climbed to 2.9%, representing the first reading below 3% since 2021. This encouraging...
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