Customizing Your Business for the Millennials
Sunday, May 25
Millennials are the future — and there’s no reason not to tap the market starting today. If you’re not familiar with the term ‘Millennials,’ it refers to the generation that, in the late 80s and early 90s, was called “Generation Y” (because it was the generation after Generation X, naturally...
Using Modern Technology to Get Rent Paid on Time
Sunday, May 18
Can your smartphone get tenants to pay ontime? Maybe, maybe not — but their smartphone sure can! Property managers, including DIY’s, can get pretty busy — and one of the most delicate yet important parts of our job comes at the beginning of every month as we make sure that each of our tenant...
How to Hire a Property Manager for Your Rental
Sunday, May 11
This is one situation where DIY has gone DNR. Why would you want to hire a property manager when you could very well manage your new rental property on your own? There’s quite a few reasons, actually. Property managers: Have access to in-depth market information that will help y...
The Most Cost-Effective Renovations for Improving Property Values
Sunday, May 04
Location, Curb Appeal, Value for Dollar, Location. That’s more like it. No matter what they want to tell you, it’s not just ‘location, location, location’ anymore. People looking for new homes are actually looking at the home itself these days, not just where it’s located. The term ‘curb app...
Is This a Good Rental Investment? Part IV: The Final Overview
Saturday, April 26
The most important eyes you can get on the property you’re considering…are someone else’s. So, you’ve found a decent property in a decent neighborhood. You’ve run the numbers and determined that it will be profitable. You’ve even looked into the cost of repairs and decided that you can aff...
Property Insurance: What An Owner Needs, Wants, and Should Have
Saturday, April 19
Don’t unnecessarily expose yourself. When you’re renting out property, risks are a part of the game. Insuring yourself against the most common and most dangerous risks shouldbe a standard operating procedure. Unfortunately, many landlords don’t know what’s out there, much less what they need...