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Cut Property Maintenance Down to Size With These 5 Steps Purchasing a rental property and finding a suitable tenant is only the beginning of your journey as a landlord. With such a large investment it is important to keep your property in great shape - you should be in this for the long haul after all. The 2 main keys to building a successful rental business are: Maintaining your investment property to keep its value steady...Continue reading

What Are Landlord Stigmas and How Do You Avoid Them in the Rental Business? Landlords get a bad reputation, which is sometimes deserved and sometimes not. If you're a new landlord, you want to avoid being cast as a typical landlord....Continue reading

The Importance of a Landlord Business Plan According to Reuters, demand for rental property is remaining strong despite other challenges within the economy, which means that it continues to be attractive for individuals looking to invest. U.S. housing starts rose solidly in September (2015) on soaring demand for rental apartments, a sign that the housing market continues to steadily improve even as economic growth has slowed....Continue reading

The 8 Steps to Success for New Landlords In this post, we have identified the first 8 steps you should take as a landlord in order to ensure that purchasing your rental property is an investment success. Making the choice to purchase real estate is a great step towards taking charge of your financial future. But, it can be tricky to know where to start. However, it is vital to be prepared, as mistakes can be costly. The role of a landlord requires you to keep multiple balls ...Continue reading

5 Things You Need to Know About Single vs Multi Family Rentals If you are looking to build your rental investment portfolio, you will want to weigh your options on the kind of rental you will purchase next. Some landlords prefer single-family homes while others prefer multi-family, but if you're not sure which one would better suit your business and what you're looking for, you may want to take a look below at a few articles that LandlordStation has put together for you to ge...t you started on that decision. Mortgages - If you have only owned single-family properties in your rental portfolio and are interested in branching out into multi-family properties, make sure to do some research on applying for a mortgage. Financing a multi-family property will be a bit different. Which is More Profitable? - In business, you will be looking to make a profit. When it comes time to make a decision about your next real estate investment purchase, you will want to weigh the profitability of the types of properties that you are looking to invest in. Pros and Cons - As with most decisions in life there are pros and cons for both single-family and multi-family investments. You will need to weigh those carefully and decide which one matches what you are looking for and the direction that you would like to take your rental business. Knowing When to Branch Out - If you have only owned single-family rentals, it may be a bit daunting to consider buying a multi-family unit. Knowing if and when you should take that leap and expand your business can be a difficult question, but we have a few tips for you to help you weigh your options. Unique Challenges - Shifting your business to encompass multi-unit properties can come with some new challenges that you may not have thought about if you have only owned and managed single-family rentals up until this point.

6 Common Real Estate Pitfalls to Avoid Purchasing real estate is thought to be one of the wisest decisions when it comes to investment of money, and becoming a landlord is one way to ensure you are able to receive an ongoing income from your investment, while your capital wealth continues to build. Of course, it is not as easy as the last paragraph describes! Investing your hard earned cash should not be done lightly, any decisions should be made after substantial research a...Continue reading

The Importance of a Landlord Business Plan Home Blog Category According to Reuters, demand for rental property is remaining strong despite other challenges within the economy, which means that it continues to be attractive for individuals looking to invest. U.S. housing starts rose solidly in September (2015) on soaring demand for rental apartments, a sign that the housing market continues to steadily improve even as economic growth has slowed. It was the sixth straigh...Continue reading

In this post, we have identified the first 8 steps you should take as a landlord in order to ensure that purchasing your rental property is an investment success. Making the choice to purchase real estate is a great step towards taking charge of your financial future. But, it can be tricky to know where to start. However, it is vital to be prepared, as mistakes can be costly. The role of a landlord requires you to keep multiple balls in the air, and knowing the right place to...Continue reading

Landlords in the Know: Tenant Rights 101 Home Blog Category The landlord/tenant relationship is just as important to the landlord as it is to the tenant....Continue reading

Top 10 Amazing Ways to Protect a Rental Investment Protecting your rental property can take many forms. There are mistakes to be avoided, scams that you will want to stay clear of, the possibility of damage done to the property, etc etc... Your best bet is to get ahead of the issues before they happen, and make sure that you know how to properly protect your investment. Avoid Common Mistakes - In real estate investment, some mistakes could cost you quite a bit of money. Ther...e are more common mistakes that would be best to avoid. Know What to Expect - The difference between success and failure can boil down to preparation. Part of that is knowing what to expect and knowing how to avoid any common mistakes. "Real Estate Guru" Scams - It's always a good idea to seek out advice so that you can make the best decisions possible in your real estate investments, but be careful that you are looking to the right places and people for that advice. Safely Applying for a Mortgage - When you apply for a loan you will be providing very sensitive, personal information. Check out these tips on how to protect yourself from identity theft during this time. Protecting Your Vacant Property - There will often be a bit of time between an outgoing tenant and an incoming one, and this will leave your property sitting vacant. You will want to make sure that it will be protected. Uses of a Security System - Security systems installed in a rental can help protect both your property and the tenants that are living there, as well as make your rental more profitable. Renters' Insurance - As a landlord you will have your property insured, but you may consider requiring renters' insurance as well so that your tenants and their belongings are covered and protected. Protecting Your Property With a Lease - When you accept an applicant as a new tenant you will want to sign a lease with them. This is meant to protect both parties involved and detail out what is expected. How to Handle Late Payments - If your tenant doesn't pay their rent on time you may have trouble paying the mortgage on the home or the upkeep. Make sure that you know how to handle late payments. Protect Your Property During an Eviction - An eviction can be a stressful time for both landlord and tenant, but you'll want to make sure that your rental property is protected.

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8 Steps To Finding The Best Tenants Every Time When you think of life as a landlord, what images spring to mind? Freedom to enjoy life while a passive income rolls in, with rent covering your mortgage payments and your capital investment growing steadily year after year? That sounds wonderful! But as is often the case where humans are involved, perfection is not a very realistic goal. While, for the most part, being a landlord is relatively straightforward, there are times w...Continue reading

Don’t Screen Tenants Without Reading This First! As a landlord, you are most likely aware that you should take ample time when choosing the right tenant to live in your rental property. After all, you spent enough time and money choosing and purchasing the property, and now, you most likely are left with large monthly repayments as an ongoing cost of this investment. What you don’t want, is a tenant who can’t make rent payments on time, or at all. The ideal tenant pays regul...Continue reading