How Much Time Does It Take to Be a Landlord?
By far, the most time-consuming part of being a landlord is getting your rental business started. While there are time commitments at every stage of …
An Introduction to Net Worth in America
As Business Insider defines it, net worth is the “total value of assets you own, minus any liabilities or debts.” Building net worth has many …
An Introduction to Homeownership in America
It can be argued that (historically) a pinnacle of the American Dream is homeownership. The ability to own the home you live in has been …
Legally, What Does It Take to Become a Landlord?
There are certain legal requirements associated with becoming a landlord. Part of your due diligence is to investigate what sort of regulations and guidelines you …
Looking for Value in Underdeveloped Property
Sometimes the best deal you can find to build houses or rental properties includes the use of underdeveloped property. Underdeveloped properties are typically raw lots …
Trying to Get Started? Create a Checklist!
If you’re going to buy your first rental house (or subsequent rental houses), it is critical to create and follow a checklist. Doing so is …
Better Understanding Rental Property Repairs
It’s no secret that when things get old, they break. This typically holds true in the rental industry. In general, older properties are more of …
To Renew, or Not to Renew?
Every Monday after the 5th of each month, our company sits down to discuss our properties. Something we talk about during our meetings is upcoming …
What Happens When a Renter Dies?
It’s challenging to know what to do when a renter dies. Although this won’t happen very frequently, I have known several landlords, including myself, that …
Amortization Schedule—Your Most Important Tool
When you’re involved in real estate, an amortization schedule is your most important and helpful tool. To calculate an amortization schedule, I would recommend downloading …