Expense Tracking for Landlords
Thursday, April 29
Expense tracking is not fun, however, I’ve come up with a few tricks to make it as painless as possible. I like to (I use that term loosely) do my books once per month. That way you are only spending a small amount of time at it, receipts are fresh in your mind and everything is organized for y...
How to Scale Your Investment Portfolio
Thursday, April 22
Are you interested in growing your real estate portfolio? If you are in an appreciation market versus a cash-flowing market, the heavy lifting is done for you. Instead of making $5,000 per year in cash flow, properties in an appreciating market are generating $20,000 or much more per year in equi...
To Allow Pets or Not? Ruff Question
Friday, April 02
Allowing pets in your rental is a question you should answer sooner rather than later. When making that decision, here are some things to consider. In 2020, pet ownership went up by 60% off an already large base. More and more people are getting pets so it could make sense to attract those potent...
HELP! My Rental Isn’t Renting
Thursday, March 18
With everything that is involved with real estate investing, vacancies are the thing that stresses me out the most. For good reason though, considering all the costs and uncertainty that goes along with it. I try very hard to keep good tenants happy by being responsive and fixing issues quickly...
How to Find Solid Maintenance Professionals
Thursday, March 11
It is 8:00 at night and you get a notification from “that tenant”. As your eyes roll back into your head, you are wondering what it could possibly be this time. Finding someone to take care of a maintenance issue can seem like a daunting task. Especially when it needs to be done quickly and yo...
How To Cure Analysis Paralysis
Thursday, March 04
If you are not familiar with analysis paralysis, it refers to having a hard time making a decision and pulling the trigger. If you are familiar with analysis paralysis, I feel your pain, I’ve been there. It is a lot like jumping off the high dive for the first time. You might stand up there waiti...