A key part of operating a successful rental business is to understand your demographic. This means analyzing the competition, collecting feedback, and making ongoing improvements. Maybe your rental unit isn’t doing so well or a multi-family home is leaking money, every business will run into problems. The million-dollar question is… why? To answer this question, […]
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Breaking Up Is (Not) Hard To Do: Four Tips For Ending Things With Your Property Manager
This article was published in Forbes on Oct. 23, 2023. Many long-term rental property owners have gone through a change in property management at one time or another, but despite the fact that it’s a crucial step in the process, the “breakup” phase of that transition is almost never talked about in our industry. Just […]
What’s the True Cost of Holding an Empty Property
Most investment properties can only generate income if you find tenants and rent out the property. Unfortunately, if your property is vacant, you can say goodbye to the stream of passive income. What’s even worse is that there will be additional costs that come just from owning the property. In this article, we will examine the […]