Did you just buy your first investment property or convert one into a rental? If so, you must be feeling great. After all, you’ve now set yourself up for earning extra income and developing your net worth. The satisfaction of earning passive income from an asset that appreciates in value is hard t...

Continue Reading...

Tax Season Tips for Landlords

May 18, 2022, 12:00 am

Under the law, rental property owners are obliged to declare their rental earnings on their tax return. As defined by the IRS, rental income is categorized as a payment made for occupying your real estate property. This can include the following:

  • Paid regular rent
  • Paid advance rent
  • Paid secu...

Continue Reading...

Change is inevitable and as a property owner, this can be stressful. You may find yourself needing to move due to a job transfer or to be closer to family.

As a homeowner, your first instinct might be to put your house up for sale. Naturally, you’d be scouting for a buyer with the highest bid. How...

Continue Reading...

How to Attract Long-Term Tenants

May 3, 2022, 5:55 pm

Owning a rental property can be a lucrative investment. In fact, a smorgasbord of billionaires have derived their dizzying wealth portfolio from it. Think Donald Bren, Hui Ka Yan and perhaps the most notable of them all, former President Donald Trump.

That said, for you to have a lucrative rental...

Continue Reading...

As a rental property owner, your chief goal is to land great tenants who will stay for the long-term in your unit. Having this kind of tenant is the best way to maximize your investment returns year after year.

If you want to learn how to identify and retain qualified tenants, keep on reading!

W

...

Continue Reading...