Morris Invest’s Real Estate Wisdom: A Blog for Savvy Investors
The Driving Factors Behind the Ability to Charge Higher Rental Rates
As a landlord, it's essential to recognize opportunities that will allow you to charge higher rental rates. Why is this the case? Because the rate will directly impact your income and, therefore, your return on investment. Plus, being able to identify when certain factors justify upping the rent can ultimately keep you on track for profitability and financial independence. That said, here's a glimpse into how to get your rental rate where it should be: How can I charge higher rental rates? Setting a higher rate can be justified by an increase during a tenant turnover, owning a property in a desirable location with a high demand for rentals, or by offering a newly built property. Also, rent can rise when there's a growth in home prices or during periods of inflation. Key Elements that Justify...
How to Stop Relying on a Paycheck
Most of us have been conditioned to believe that we have to go to commute every day, work...
The Legends Series: Featuring Robert Kiyosaki & The Rich Dad Advisors
Part 1: How to Leverage Debt to Build Wealth - Interview with Robert Kiyosaki - On episode...
How Cultivating a Supportive Environment Can Help You Reach Your Goals
Have you ever heard the saying, "You're the average of the five people you spend the most...
Creating a Strategy to Reach Your Financial Goals (Free Download!)
Goal setting is so important, and that’s why I'm passionate about sharing the message of...
How to Effectively Manage Your Cash Flow
As your real estate portfolio grows, it becomes impossible to remember things like when you...
Six Steps to Get Your Mind Right for Wealth Building
If you want to build a passive income and create financial freedom, there's a specific way to...
The First Step to Creating Financial Freedom
Do you ever wish you had more freedom? Maybe for you that means more money, more time to...
How Being Receptive to Learning Makes You a Better Investor
I’ve been lucky enough to work with thousands of investors, and something that I’ve noticed...
What Goes Into a Tenant Background Check? – Guest Post by Eric Worral from RentPrep
When you sign a contract for your new cell phone you’re typically going to have a credit...
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