One of the most reliable sources of passive income aside from bonds and stocks in a condo investment. Investing in an apartment, residential condominium, or office unit to rent it out creates steady monthly rental paychecks similar to purchasing dividend-paying bonds or stocks that usually pay interest income. Besides, any appreciation in the value of a real estate investment comes as an added benefit...
Although the rental property is often associated with passive income, it is not simply a ‘set it & forget its business where you can expect the cash to come rolling in. The moment you buy a property and decide to rent it out, there are many key property management tasks involved to make your property a successful venture. Key property management tips for landlords. Here are the key property...
You have probably heard the bad stories of tenants who don’t pay their rent on time or destroy rental units. A bad tenant can eventually become a nightmare for property owners, as well as both financially and emotionally draining. Fortunately, learning rental property management strategies can help you create the right lease agreement or rental agreement and ensure you get timely monthly rent while...
Fire Safety is definitely everyone’s responsibility, keep up with local rules and do your part to protect yourselves, your families, and your tenants!
Investing in real estate is a free-wheeling, entrepreneurial way to make money. But it can be a shocking change for first-time investors who are more used to working an ordinary job with a paycheck and fixed hours. Managing the shift well takes more than just collecting investment know-how. Success in real estate investment requires dedication and focus, and these qualities can be tough to cultivate for those who are used to following a boss.
