What Does NOI Mean in Real Estate?
A net operating income, or NOI, is a calculation critical to the success of property owners, investors, landlords, and even property management companies! Not only does an NOI allow individuals to evaluate rental properties before purchasing them, but it also enables them to predict how an investment property will impact their overall bottom line. This […]
What Is a Pet Screening Application and Why It’s Important
Right now in the US, more people than ever own pets. What might that mean for landlords? Well, pet-friendly rental properties are only growing in demand every year. During the pandemic, millions of Americans decided to bring pets into their homes. This means that a pet-friendly rental property may attract more prospective tenants than you […]
What to Do with Mail from Previous Tenants
Have you ever had a tenant move out of your rental property just for their mail to keep showing up? It’s a common problem among many property owners. Many tenants fail to provide a forwarding address to UPS and landlords. For property owners, it can be an annoyance, especially when you’re not sure what to […]
What Does Market Rent Mean?
One thing that can stop many rental property owners from succeeding when it comes to generating a solid income from their investments is not knowing how to set the right rent price. In order to have a reliable cash flow coming from your property, you need to make sure that the cost of rent you’re […]
What Is Home Equity?
We’ve all heard how important it is to grow your home equity when it comes to owning a property. But what exactly does that mean? In short, home equity refers to the difference between your property’s market value and how much you owe on your mortgage. How much equity your home has can increase over […]
Best States for Landlords
When it comes to laws and regulations surrounding rental properties, each state has its own set of rules. This means that some states may make it easier for you to own a rental property, while other states make it a little more difficult. So, which states are the most ideal for someone looking to invest […]
What Is Landlord Insurance?
Are you new to owning rental properties? While there can be a lot to think about and pay attention to when it comes to the various responsibilities of being a landlord, there is one aspect of real estate that is crucial for anyone involved with a property, and that is insurance. Insurance is a vital […]
How to Make Money in Real Estate
More than any other industry, real estate has the potential to generate wealth and get the most out of investments. However, even with its reputation for being incredibly lucrative, many people still hesitate to enter the industry and experience everything that it has to offer. While it may seem daunting, making money in real estate […]
Why Single-Family Homes Are Best for New Investors
One of the most common types of rental properties is single-family homes. In fact, in many US cities, they tend to dominate the rental property market! Due to their popularity in the rental housing market, many new investors are choosing single-family homes first when they are beginning to build their portfolios. But is this a […]
Rental Property Maintenance for Landlords
When it comes to owning a rental property, one of the biggest and most time-consuming responsibilities is maintaining and repairing the home. In fact, maintenance is often listed as one of the biggest pain points in rental property ownership. That’s why many property owners work with property managers, so maintenance gets taken off their list of […]
