“Substantial wealth is possible through real estate investing. It is the single best way I know of to build wealth, and the BRRRR method is the single best way I know how to do it.” That’s the advice from David M. Greene, author of the book we’re reviewing today. If you’re interested in successful real …
Continue reading “Book Review: Buy, Rehab, Rent, Refinance, Repeat (BRRRR) by David M Greene”
Late yesterday (August 3, 2021), the Centers for Disease Control (CDC) issued a new eviction moratorium effective immediately and running through October 3, 2021. Although this is a new moratorium, it basically matches the previously moratoriums with a small change regarding the spread of COVID-19 within counties. It applies to those counties that are considered …
So, you just received an email from your tenant. He is renting your single-family unit and plans to stay but wants more storage space for lawn care items, outdoor furniture, and toys. Should you accommodate your tenant? Does this mean you can increase the rent? What if you install it, and then they move out – leaving it full of junk? …
Continue reading “Should Landlords Invest in a Storage Shed? Yes or No…”
If a tenant pays the rent on time, takes care of the property, obeys the rules, and adheres to the lease agreement, of course, you want that tenant to stay long-term. It’s a no-brainer. After all, only occupied rental units make money, and finding new tenants costs time and money while creating a lot of hassle …
Continue reading “5 Tips to Encourage Tenants to Renew Their Lease ”
July is in full swing, and that means fun-in-the-sun season. Your tenants are flocking outside to enjoy the weather, cook up tasty meals in the backyard, and relax with family and friends around the pool. But all this summertime fun can lead to an increase in personal injuries. Tenants rightfully expect that their safety will …
As the title points out, this book is written for beginners. According to Lisa Phillips herself, her target audience is “regular, average people who want to know how they can find financial security through real estate investing.” Phillips also says this book “is for people who are interested in making money in a way that gives back.” Having …
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Of course, the environment is on your radar. You want to be eco-friendly, and you believe in sustainable living, but how does that apply to your rental properties? Here are some tips to be eco-responsible without wiping out your income. Energy Efficiency: Of course, this will have more of an impact if you pay the utilities, but there are advantages even if …
While people have always enjoyed playing and relaxing outside, the pandemic sparked a greater longing for well-situated outdoor living spaces. As vacation and travel plans were postponed in favor of staying close to home, the focus turned to enjoying the outdoors. Those who transitioned to work-from-home welcomed outside living space as well. This pining for spending time outside is expected to continue as part of the new normal. …
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The big question – should I create an LLC (Limited Liability Company) for my rental investments? An LLC (Limited Liability Company) is a business that combines various components of a sole proprietorship, partnership, and corporation. It is typically a less complicated business entity than a corporation. It is also relatively inexpensive to create and provides …
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Memorial Day is an American holiday, observed on the last Monday of May, honoring the men and women who died while serving in the U.S. military. Memorial Day 2021 will occur on Monday, May 31. The Civil War may have ended in the Spring of 1865, but the resulting heartache of loss and destruction hung …
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