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There are two things to consider when choosing your ideal tenant: first and foremost, know what the legalities are for your rental property. This is so important as it could end up costing you a lot of money. Second, before advertising or showing your property, figure out who your most likely tenant might be. This …
Continue reading "Your “Ideal” Tenant"
So, all we do now is put that For Rent sign in the yard and wait for someone to call, right? Wrong!
This cannot be stressed enough when it comes to investing in property and being a High Heels Landlord, NO EMOTIONS ALLOWED! I mean it, none. This is a business decision and an investment. You can't get caught up in the fact that the carpet is your favorite color, if there is a mural on the …
When you are just starting out investing in rental properties, I caution you not to take on too much at one time with multi-family units like townhomes or residential complexes. Not only can this put you in a financial situation that is not benefiting you or your family (which is the whole reason why you …
When you are looking for rental properties you may want to consider the home's amenities. These are the "bonus" items outside of the feature of the home that ensures that it's safe, affordable, and a home that you know you could confidently rent out. Amenities are anything on a property that adds extra appeal to …