Finding a property in which the seller is willing to let go for a loss can be great, but unless you have lender approval, you don’t have a deal. There are many reasons why a lender wouldn’t agree to a short sale deal, but the most common reason usually regards the seller’s hardship. The seller […]
One of the most important things you can do as a landlord is to know your tenants. Before they ever move in, they should be screened and you should be confident you will receive your rent every month. When they get into the property, it is equally important to spell out the terms of the […]
If you are familiar with the story of the tortoise and the hare, you know that slow and steady wins the race. This may seem like a cliché, but in a world where we wanted everything yesterday, slow gains are the most reliable approach. This is particularly true in a housing market where home values […]
Depending on the location of your property, relative to the demand for renters in the area, you may be able to increase your rent. Whether you should do it or not, however, is a different story. Of course you want to try and squeeze as much money as you can from your tenants, but not […]