While owning a rental property can be a terrific way to bring in income, those extra dollars can make things complicated when it comes to preparing a tax return. Fortunately for the 15 million people who own rental properties in the U.S., there are ways to make tax season a little more manageable. Here are …
Background checks give a detailed view of a potential tenant and their past to ensure they will be a good fit for your property..to save yourself any headaches! Application fees can cost the landlord anywhere from $35 to $75 per tenant. Most landlords utilize tenant screening companies to review a potential tenants past, including background …
Struggling to keep your rental units filled? Every single day counts when a property is vacant but using a property management system and utilizing a few practices can take the worry out of this happening in the first place. Attracting potential (perfect) tenants will keep your units filled – but what makes a property attractive? Good marketing, …
So you’re a landlord contemplating whether or not you want to hire a Property Management Company. It’s a big decision, and certainly not one that should be taken lightly. But how do you know you need one? Can you fly solo? Here are some typical reasons why a landlord would hire a property management company: You …
When Should a Landlord Hire a Property Management Company? Read More »
Acquiring Property is no small task. There is a lot of competition for viable investment properties. Here at Renttropolis, we partner with many different types of property owners and have asked for some feedback on what has worked for them when acquiring property. Much of this might be considered common sense, but here are the TOP TEN …
Acquiring Property Is More Than Just Viewing MLS Listings Read More »
We partner with many different types of property owners and have asked for some feedback on what has worked for them. Much of this might be considered common sense, but here are the TOP 10 resources our landlords have used to acquire properties: Open Your Mouth. Talk to friends and family, neighbors and church connections. You never know …
The idea of generating income as a landlord is intriguing to many. But owning properties doesn’t equate to easy money. There is a certain level of responsibility that goes with owning a property. To ensure you have a successful business here are 3 important tips for the first time landlord. 1) Screen Your Tenants Know …
