Having an investment property sitting empty can certainly be frustrating. Knowing that the home or unit is costing you money every day, with no incoming cash flow to cover it, may make you feel like you should take on any potential tenant, regardless of the terms. But is consenting to a month to month lease [...]
In nearly every investment property owner's life, there will come a time when a tenant moves out and you will have to consider a remodel project - or at least do some type of upgrades - before your next tenant moves in. It just happens. Things get old, broken, or outdated and need to be [...]
If you're a landlord or rental property owner, you know that keeping good tenants in place is the key to keeping money in your pocket. But what's the key to tenant retention? In the words of President Obama, let me be clear: It is money in your pocket if your tenant renews their lease [...]