He pledged that the city would take aggressive legal action to remove what he called negligent owners and property managers. And for buildings flagged for chronic neglect, he said the city would work to transfer ownership to “responsible stewards.” His examples of those stewards? Community land trusts, nonprofits—or, in his own words: …we will work […]
Running a successful rental property business requires more than just owning real estate—it demands the right tools to make informed decisions, stay legally compliant, and maximize your investment returns. Whether you’re a first-time landlord managing a single property or an experienced investor with a growing portfolio, having access to the right landlord tools can mean […]
Should You Put Rental Properties in an LLC? What Landlords Need to Know Every landlord forum, podcast, and Facebook group eventually gets to the same question: “Should I put my rental properties in an LLC?” The answer is almost always “it depends” — which is frustrating but accurate. Here’s what actually matters when making this […]
Landlord Insurance vs Homeowners Insurance: What You Actually Need Here’s a scenario that happens more often than you’d think: a landlord buys a rental property, keeps the homeowners insurance policy in place, collects rent for two years, and then a pipe bursts and causes $30,000 in water damage. They file a claim. The insurance company […]
SEO Title: When to Raise Rent (And How to Do It Without Losing Tenants) .Raising rent is one of the most uncomfortable parts of being a landlord. You like your tenants. They pay on time. You don’t want to rock the boat. So you let the rent sit unchanged for three years while taxes go up, […]
How to Track Rental Property Expenses Without Losing Your Mind Ask a landlord with one or two properties how they track expenses and you’ll usually hear “I keep receipts” or “my accountant figures it out at tax time.” Ask a landlord with ten properties the same question and they’ll tell you about the exact system […]
SEO Title: The 1% Rule Is Dead — Here’s What Smart Investors Use Instead If you’ve spent any time in real estate investing circles, you’ve heard the 1% rule: monthly rent should equal at least 1% of the purchase price. Buy a $100,000 house, rent it for $1,000/month. Simple. Clean. And increasingly useless. The 1% […]
How to Analyze a Rental Property Deal in 15 Minutes Most rental property deals aren’t worth your time. The sooner you can figure out which ones fall into that category, the sooner you can focus on the ones that actually make money. The good news is you don’t need a complicated spreadsheet or a finance […]
Eviction Notice Requirements: What Your State Demands Before You File Before you can file an eviction in any state, you have to give the tenant proper written notice. Skip this step or do it wrong, and the court will dismiss your case — regardless of how much rent the tenant owes. The problem is that […]
How to Handle Late Rent Without Losing a Good Tenant Rent is due on the first. By the fifth, you’re checking your account. By the tenth, you’re wondering if you need to start the eviction process. But here’s the thing most new landlords don’t realize — late rent from an otherwise good tenant is a […]
